What do you make of this action? I guess I subscribe to the theory that some fund or funds want out at ANY price in spite of the fundamentals. If they need to meet redemptions, then they need to sell. This f*cking bullsh*t has been relentless and makes no sense otherwise. IMO, if it was based upon really bad news, the bloodshed would have been much quicker. And if it was based upon the kind of revelations that SHTRX has been verbally farting, then the bloodletting would have been much more drawn out.
Don't be fooled by his nonsense. I talked to my Citrix vendor today, and he told me exactly what I told everyone yesterday. NFUSE with Windows 2000 will eliminate the need for ICA client software, and allow users to use an internet browser to access their server. This is state of the art Technology that Citrix has the patent on. Sh*tforbrains (SHTRX) failed to realize that you still need to access Windows 2000 with NFUSE for most applications. You cannnot access applications with just a browser like you can access this site. He obviously does not know what he is talking about to make such an obvious mistake. It's possible in the future, but currently it is not. Besides, Citrix will probably develop the technology. Dismiss, stillwearingdiapers, as a disgruntled ex-employee. The stock is down due to uncertainity plain and simple. Uncertainity in the market (lack of buyers), and uncertainity around the recent rumors. It's like I tell my hoes. Don't worry about wearing that p*ssy out it'll stretch back. In other words, the company is solid the stock will bounce back once the uncertainity clears. I believe in the product, and the management.
if I put in my two cents. While we joke about KOMP and others, I will offer a serious (and humble) opinion based on my own analysis.I am a day trader and LT investor as well. Without all the B.S. technical analysis provided by KOMP and others, I feel it boils down to a few simpler issues, the primary one being supply and demand. Money outflows from the market are now far greater than inflows. The "street" is going through its gyrations about Greenspan and interest rates. We are approaching the slow summer months. All this leads back to supply being greater than demand. There are sellers (including some hedge funds that we are aware of, and some we are not aware of) and no buyers....I think its that simple. The market in its simplest form reacts to fear and greed. You can read these boards, and see the fear...One by one people give in and sell...people buy CTXS and don't even have a clue what they do...they think they are going to make a quick pop and find out how wrong they are....I don't think theres anything wrong with the company...I think they will continue to meet earnings targets and growth expectations for a long time...too many amateur gamblers ran this market up to ridiculous highs and now they can't figure out whats wrong. This is all JMHO, I don't advocate buying or selling, just realistic expectations and time horizons...good luck