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Red Hat, Inc. Message Board

  • johnny_bdog johnny_bdog Mar 31, 2011 9:49 AM Flag

    RedHat / Is CEO Whitehurst a Sleazebag ?

    Does anybody agree that it's sleazy to go on Cramer's show to market RedHat stock to idiots and braindead retirees, and then sell personal shares the following day ?

    This story is done. That slobbering Cramer interview marked the day in which hype no longer draws more fools into RHT.

    I also love Whitehursts shiftily changing story about the reasons cash flow is not keeping up with supposed earnings...

    Last quarter the story was about investing in the consulting business.

    Now the story is expanding working capital.

    The two might be related but these are the signs that this story is over from a stock perspective.

    Good company but stock will return to earth, sooner rather than later.

    Probably worth 30 as long as IT spending remains robust...

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