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Adobe Systems Incorporated Message Board

  • snow.ball7 snow.ball7 Nov 27, 2013 12:58 PM Flag

    Sell Now this is the high of year 57

    Adobe overvalued by at least 50% here. Look for a pullback in December and a sharper collapse in January. Stock is up 50% annually. The fundamentals are drastically overpriced. Highest targets have already been reached. Go to FinViz put in ADBE and see for yourself. Intel and Oracle have been downgraded today. Nuance is in turmoil. Tech is not a favored sector at all over the next 1-2 months you could see a 5-10 point drop in this no problem. If you own, sell now before January when the tax gain selling makes it even worse.

    Sentiment: Strong Sell

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