CRM 40 points off it's highs has a habit of making a move of many points in a short amount of time, this time will be no different as an earnings blowout is expected and 28 analysts have CRM (salesforce.co m ) listed at strong buy
of those 12 say it is extremely undervalued, tied with the #1 spot for cloud some say, while other say CRM is second behind VMW (VMWARE)
The problem is VMW market cap is 20 BILLION with a B higher market cap then CRM
Is it any wonder recently the Billionaire Ken Fisher just bought nearly 3 million shares of CRM, (who knows how many he had before that?)
Look at the 5 day and how many times CRM likes to gap up for 7-10 points in the morning, this stock wants to run so bad, it would be like an old person driving a cadillac cts-v too slow when it wants to be opened up in the quarter mile and on a straight away!
The move will be Dramatic and with CRM 40 points below it's 52 week high, we are just getting started and you have not missed anything, when all the shorts cover at once or are forced to close around the same time,a huge move up will occur in the stock price!