http://www.fool.com/investing/general/2012/08/31/why-splunk-shares-spiked.aspx#.UEDvX6P85MgLooks like a pumper and dumper from everything I have read. So much insider selling too.
Taking her waaay down now. Longs have 30 minutes to get out or get killed next Tuesday.
There is a problem with talking to yourself.You hear what you believe. Reassure yourself with your confirmation bias, and never really understand the fundamental story here.Splunk is going to hitch a ride on the cloud. There many repeat customers love their customer service. In any business which is growing, repeat customers are the "tell".I do not wish you success with your short.
It looks like the pump and dump has surely started. The shorts are jumping all in now and it's starting to drop. If you bought before the run up you better sell, because it's gonna give all the gains back on Tuesday.
Any close in the $34.00 range will prove the rally was a short lived pump.