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Rackspace Hosting, Inc. Message Board

  • leah9800 leah9800 May 18, 2013 12:34 PM Flag

    Boy, M/Fool, and Zacks pretty bearish eh ???

    Think I may dip my toes !!!!

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    • Of course, there are reasons why they are bearish.

      Why dip your toe into RAX when there are thousands of other better stocks/investments out there.
      S&P 500 and the Dow are at all-time high, every company I bought is going up. But RAX is continue to down hill. From technical stand points, any stock retract 33% and then resume upward trend is healthy. But RAX is now down more than 50% from it's peak. This only indicates RAX will continue the down trend. I've seen thousand tech companies in this similiar pattern over the past 10+ years. During the tech bubble, only the strongs survive. RAX has no chance to compete the big boys: Amazon, Oracle, Google, and Microsoft.

    • Does RAX gives a RATS?....wait for lower....if market correction comes before the end of the month...you'll be glad to #$%$ it up around 33-35

      Sentiment: Strong Sell

 
RAX
31.69+0.10(+0.32%)Sep 28 4:00 PMEDT