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  • listen_jockers listen_jockers May 16, 2013 11:15 AM Flag

    This $28 Billion company has no cash on hand..? This is a bubble will

    cause lot of home loss in Bay Area.

    Sentiment: Strong Sell

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    • The old "high" cited by The Street has already been breached. This is likely to be a double top. CSCO gives back to retail holders and has real earnings that benefit all longs. I don't see alignment with retail longs in CRM, dilution and no GAAP earnings. A few months ago, while there were targets as high as 1000 when AAPL was dipping from 700+ and under 700. Many times AAPL rallied back from around 680 to over 700, while fund managers were quietly starting to sell. With CRM, the higher targets don't mean that funds aren't selling. With AAPL we hear now that revered fund managers sold massive amounts of AAPL shares during the Jan.-March quarter. They could sell CRM heavily this quarter and not report it until August. H

      • 1 Reply to everfoxy
      • It will be interesting to see how this trades the rest of the day today and into earnings and of course through them.

        CSCO is obviously a real company with real profits and a real dividend.

        Would be nice to see some rotation to sanity vs. pumping up the MOMOs.

        Looks like NFLX taking a pause for the time being. I'm trying to watch that one as it does have a chance to succeed but then again MYTEK has a chance to be President.

        He's already got the lying part down pat.

        I think NFLX will provide future profits on the down side even if I am late to the party.

        More data points will come out in about two months. I'll be paying close attention.

        Sentiment: Strong Sell

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