Dell is down from it's high of 55 and is almost at it's low of the year which was on 1/3. The high for 1/3 was 40 1/16 so we are almost at where we were a year ago. Do you call that a good investment? Nothing to be concerned about?
hold you position you will not regret it. Meanwhile look at apple, first they came out with warning price dipped and look where it is now. Same thing will happen here. If I am wrong let me have it on Friday. What's happening now is classic MM manipulation. I would put my house on Dell right now (if my wife let me).
My understanding is that the reason AAPL continues it's gains (+125% this year), is that more and more fund managers are moving to the stock based on its performance, PE that's one-third of what Dell's is, and strong expected revenues for next quarter.
I don't have AAPL but I don't know if I would call it Market Manipulation if funds are trimming positions in Dell. I'd call it putting your money to work.
Historically, Dell goes down after earnings anyway.
Also, to people who say "I sold my Dell" today, blah, blah, blah...
Why do you sell ALL of it? You could keep some of it, ya know?
If the earnings are better than expected one could always buy back in as there will be plenty of room on the upside. However, if earnings are lower then expected blood will flow and Dell will end up lower than it was a year ago and will need a long recovery time. I sold this morning even though I like Dell. After the earnings come out I will decide what to do. This isn't Vegas, why gamble?
Are you serious?... or just bitter that you weren't along for the ride from '96 - '99...oh that's right you were still mowing lawns...I wouldn't consider it an investmentat all if you are going to look at a year timeframe...its speculation and wishful thinking...
You should at least consider selling a stock that is where it was a year ago and move into something that has better prospects. Investing is not buying a stock for life "till death due us part". The institutions are selling and they know a lot more about investing than you or I.