........but I paid over $56 per share. Do you think CRM will be up or down tomorrow? I heard it normally pulls back at earning time but I thought I'd take a chance this time.
I shorted after hours at 55.25. I thought those were terrible earnings even though they matched estimates. Next quarter was under estimates and I think it will pull back.
I will not be short long though.
I think they are on Cramer's show today. I think even he will say to wait for a pull back before buying.
Thank you Znynick. That's what I thought. Some guy said it's a $5 stock. I don't believe that. Cramer didn't say it's a $5 stock and I don't believe in conspiracy theories, that Cramer would manipulate it and lie. Why do people believe such things?
Hi there, are you an investor OR a player ? I don't believa that you ask for our opinion AFTER having bought. First rule of trading is to know then LIMIT your risk before entering any position
Sentiment: Strong Buy
You heard wrong; it normally gets manipulated with a gap up day after earnings 15% higher based on nothing other than a manipulated short squeeze. If MMs do it this time they will raise suspicion from SEC since Q was bad. This will sell off for the next couple weeks, maybe forever. It's a $5 stock.
Sentiment: Strong Sell
I would appreciate your advice. I bought this stock because I hoped it would go up after the earnings call so I guess that makes me a player, but I could stay for the long term if you think it's a good idea to stay invested in CRM. When I say I bought heavily, I mean heavily for me - 2000 shares. That's peanuts for many of you, but it's a lot for me. What do you think?
Pull back to low 50's, GAAP earnings miss......... Sales and Adjusted earnings miss the whisper numbers. Sales and Adjusted Earnings can be manipulated (this manipulation is legal and standard in some companies). Sales by discounting a sale to get a customer to sign before the end of a quarter, earnings by pushing expenses into next quarter.......
I might take your advice. I'm new at this and I heard Cramer taking about this stock. I'd just like to make a little extra money for my kids. We'll see. But if it goes down more than a couple bucks I'll have to sell for a loss but I'm ok with that, it's the price of sitting at the table I guess.