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Intel Corporation Message Board

  • wallisweaver wallisweaver Mar 16, 2013 7:34 PM Flag

    ARM Stats

    52-Week High: 44.47
    Price now: 41.91
    Drop from 52-Week High: 2.56

    Yesterday (Friday) ARM opened at 43.32, moved up a measly 6 cents to 43.38 and then began a day long decline all the way down to 41.86, a massive one market session decline of 1.52. It then rallied 5 cents.

    Now I don't have to tell you that a one session decline of 1.52 says bad things about a stock's strength. But even worse this is a continuation of the buyer exhaustion that has been evident for all of the last month.

    For those of you watching your ARM investment decline, if it helps you to say that you have only lost 2.56 LITTLE dollars in the last month, then by my guest.

    The stock failed to close above its 50-day moving average of 42.07. This isn't a disaster in and of itself. After all it's only 2.56 little dollars. But it's a slippery slope. And it's slipping...

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    • Let's see what happens tomorrow with this from Friday:

      ARM 52-Week High: 44.47
      Price now: 41.91
      Drop from 52-Week High: 2.56

      Yesterday (Friday) ARM opened at 43.32, moved up a measly 6 cents to 43.38 and then began a day long decline all the way down to 41.86, a massive one market session decline of 1.52. It then rallied 5 cents.

      Now I don't have to tell you that a one session decline of 1.52 says bad things about a stock's strength. But even worse this is a continuation of the buyer exhaustion that has been evident for all of the last month.

      The stock failed to close above its 50-day moving average of 42.07. This isn't a disaster in and of itself. After all it's only 2.56 little dollars as one ARM fanboi called them. But it's a slippery slope. And it's slipping.

    • The price of the stock doesn't entertain me all that much. Whenever ARMH perceives trouble in their stock price they simply create a new press release and tell the world how they will dominate servers in the next 12 months. What does entertain me more is their hitting the market with quadcore solutions to smartphones. It only proves that ARM is out of ideas about how to grow their technology.

    • He forgot to show you the stat about how he said ARM was dying last September and is up almost 100 percent since then. Wallisweaver is the dubious internet troll who somehow is right 100 percent of the time, even when a stock goes up 100 percent from when he said it was dead. You can't make this insanity up. He's wasting his time, but his time is worthless so it doesn't phase him.

 
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