VMware, Inc. Message Board
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The Charts show an annual April - May sell off going back quite a few years. What's behind this?
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insane longs need mental hospital and psychiatric ward , short interest QCOR means
by killprliars •Mar 26, 2013 5:16 PMYes but price direction doesn't always follow short interest direction. I haven't been able to see a strong correlation between the two.
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I see.... Oracle reported disappointing sales after the close. I guess I should have sold last week.
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Last week the news about Pivotal seemed to give EMC a nice lift. Is it now bringing it down in afterhours?
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Charts look very similar to late January 2012 when EMC climbed over 15% and then continued higher in the following months. Could todays announcement on Pivotal Initiative cause a repeat? One difference is the broad market in Jan. 2012 hadn't climbed while EMC dropped. If the market stalls here, will EMC drop again? And if it does, how far?
Couldn't help notice EMC's 9% climb since Cramer's 2/25/13 strong sell call when it was at 22.83. I've got to stop watching his show and letting his calls have an influence in my decisions.