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Adobe Systems Incorporated Message Board

  • wavesearcher99 wavesearcher99 Dec 13, 2013 10:27 PM Flag

    how low monday-guesses

    i say pullback to 59.00-anyone else?

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    • osuok88 Dec 14, 2013 12:11 AM Flag

      I don't think it will pull back to 59 on Monday. Look at the chart and the volume today, looks like it will gap up on Monday. There are only positive news about Adobe (addition subscribers is more important for the company financial in a long term than missing earning, and investors think that way too, that was why it went up so much today). I thought it would be up only 3-4 points today but I was wrong. I don't want to touch this one, just watching it.

    • it could re-test 51s over time. typically adbe loses steam after 1 day rally
      insiders will start selling from Monday ..
      I expect this to UNDER-PERFROM market next week! Going long the market and shorting ADBE on Monday morning spikes (if any) could be a safe bet. I would watch to see if any analyst pumped it on Monday morning!

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