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ARM Holdings plc Message Board

  • bluehorshoe007 bluehorshoe007 Nov 28, 2012 1:17 PM Flag

    WOW, ARMH is skyrocketing!!

    Have been in ARMH for many years, fought through the real low times, down in the single digits....wanted to sell but of course would have taken a huge hit! Happy to have held this one and waited for what we are seeing today....approaching $40. There was a day when I was elated at $20 and was ready to sell. Now it appears that we are going even higher. What are the limits on ARMH. I don't know all the fundamentals of this stock, but it is being driven up. One has to wonder where the top is!

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    • This looks like a melt-up to me. Everyoe believes that there is a greater fool who will buy at an even higher price. This is like the tulip bulb bubble during the 17th century. The mobile market can't get big enough to justify a 70 multiple. Even if they took all of INTC's market, they can't justify this long term. No telling how high it will go, but then it will go down even faster. I will continue to buy puts until then.

      Sentiment: Strong Sell

 
ARMH
46.16-0.59(-1.26%)Sep 19 4:00 PMEDT

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