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  • everfoxy everfoxy Apr 2, 2013 9:02 PM Flag

    Pumping and suggestion are in the mix again

    The article about what CRM will buy with the debt omits important things. First, CRM may need much of that money to pay high salaries and bonueses to officers. Second, in the past CRM has overpaid for businesses that only makes its "goodwill" appear good when it's a non-tangible asset and a drag on the company. That article trys subtly to suggest the debt is good for CRM. It's necssary because they have squandered so much money, but it's not good, IMHO.

    Shorts, don't let the obvious and subtle pumpers force you out of your short position. There's a long way down. The first move would need to be to about 169 to begin to fill one gap. Will that occur before the split?

    Insiders sell regularly and heavily. It will appear much larger, 4 times as much, after the split. Since insiders sell regularly, why would anyone who doesn't have a position buy now and why would someone who's long already not want to grab his/her money (with gain or loss) and not go long CRM until the split shares may be ready for a bounce at 30 or 25.

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