the real selling will start when 16 is broken - a lot of desperate longs will be throwing in the towel before its all said and done.
Its very telling that the highs of the day are at the open and then its just sell sell sell.
OK - say goodbye to 16 for a while, get used to 15 and soon get ready to say hello to your new friend 14.
selling over priced hardware can only take you so far before market realizes the game that is being played with reseller network. Look at the SG&A expenses, tells you the story about reseller commission for pushing overpriced hardware.
Wrong usually the stock comes back to the day's highs unless the market stays down. As for selling seems I look at this as a buying opportunity. Added 1000s today @ $16.16 a bit early. Will add more soon if it drops a bit. Rvbd will take off with real earnings soon. It is only a matter of time. They have the products and the future is good. even a buyout could happens. be careful selling or shorting here. GLTU all
Sentiment: Strong Buy
if you blinked you missed - RVBD is back in Red again
lets see, Cisco reports - Chambers whines about government and tax shelters and enterprise equipment makes take another hit tomorrow. Friday, more option losers will get Riverbed assigned and more selling next week. Yes, 14 is in the cards - the question now is whether it will hold.