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KLA-Tencor Corporation Message Board

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  • tech_stock_technician tech_stock_technician Mar 19, 2004 6:05 PM Flag

    underwater with rimm short at 94.00eom

    Don't panic. I know this stock well and what the big boys have been doing with it. It will maintain these levels and even may exceed $100 as we approach the earnings release date of April 7th. So you shorted a little early. However, be prepared to short a few days before the earnings release as the stock starts to climb. It will collapse after April 7th regardless of how good the report is because spectacular earnings are already priced into the stock. It is the most over-priced stock out there.

 
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