I know GS is suppose to be much smarter than an average investor, but really leading all the other misinformed investors shorting DELL stock is so low. How can you go against a CEO that puts his money where his mouth is. He is still in the process of reinventing DELL but still the greedy investment houses squeeze on DELL to keep the sentiment negative and leading the average shortie to have walk the plank. You are definitely on the losing side this time and the next two weeks will be the proof.
Also -- adding to your comments on this subject --= I see where -- Dell this morning on CNBC was slightly down-grraded by some analyat at Morgan Stanley. Hmn -- could be that they were ticked-off because people like me who have taken their business else-were, were we can trade on line with the likes of discount brokerages companys without paying their(M/S's) higher commisions. Just a thought.
This is the week before earning on May 17 that Dell stock needs to finally demonstrate that all the missteps of the prior five years are behind them and they are prepared to be the major player in the teck world. Shorties and G/S and Cramer are on the wrong side of this trade.
Only time will tell. Shorting Dell stock has been the right trade if you follow on the coat tails G/S or CNBC Jim Cramer,but I believe Michael Dell has the long term strategy that in the short term will benifit the longs and burn those shorties.