I listened to the call. Its a mixed reaction. Some analysts will raise targets and some may say ADBE overshot itself. Tomorrow it may open high and go higher but over the next few days it should trace and retest AH lows of 51.20 IMO
I have a buy order at 52 now
I agree, look the transition is underway, the 2015 2016 guidance is just stupid, and in fact I would call it irresponsible. Now if they miss they get sued.
LoL losing money again fedrally? Keep on shorting. We are in a bubble era. Things will not mnake sense. 65$ print all over this! Reverse your position and go Long without hesitation.
Hey Poncho - Yes I am short at 57.80 on this.
Credit Suisse targets 55 .. may have read my comment!