Jnpr, vmw, csco, are all your clues how bad this sector is
Sentiment: Strong Sell
Well, hold the bag tigh, looks like you are holding the bag now!!!!!
I sold and will rebuy after earnings. The big boys are obviously trying to prop this one up today into the sell off. The run up over the last couple days was a sure sign that earnings would be bad.
but doesn't the run-up indicate AKAM might surprise or is it just short covering?
I agree with you. It does not look good. I myself bought in at $36.85. I am trying to hold to close as much of the gap as possible (hopefully break-even) before the close. I don't think I will gamble on this one.
AKAM set to hit 50
if you are long already, then sell the $36 calls