...is because market weakness. I bought at 41,this will be at 43 by end of ah session imo, 43-45 tomorrow.gotta jump on opportunities like this...GREAT report.
it already is under 43
possible open tomorrow at $29.95!
http://finance.yahoo.com/news/Red-Hat-says-Q3-billings-theflyonthewall-1721637358.html?x=0billings is ok.... best in 4 years
out 42.50, made 4% in an hour...i'll take it.
revenues are suffering from the strengthening of the US Dollar, accordingly guidance came in light of analyst expectations. Billings growth is weakening.Analysts on conference call are pressing management hard on the billings item - management hints to timing of thanksgiving this year but analysts definitely doesn't buy it.would expect cautious commentary, price target reductions and perhaps a downgrade tomorrow
Kim Jung Il died, not that that has anything to do with Redhat.Maybe overall big investors are worried or shuffling portfolios for next year.I think they are trying to buy Redhat cheaply.
You are diff in the money, Good luck, and GOOD BUY, you hit the nail right on the head.