Company is highly unethical and has issued misleading press releases for years. Wait until earnings, nothing will materialize and the stock will plummet. A bunch of scammers.
Doesn't make any difference. Not even a chance of a real drop. If you don't want to buy xiv go for xiv.
I hope you are not a frustrated short just throwing targets because I think there is no chance of a 10% drop the rest of this century
The whole thing isn't doomed. Stockman has been bearish forever.
A good prediction. First day of week is almost always positive, first day of month even more so. You combine those 2 and it's a nice rally. Nothing big probably 0.5% on SPX but considering we never can see a big down day again in all history the little ones add up over time. My target is 3000 SPX before the next minor dip.
OK so let's say in 5 years he'll have fair value at 1350. S&P will be around 4500 in my estimation. Then he'll be calling for a 70% decline? When does the madness stop?
Surely he can't hold on to that kind of delusion a whole lot longer? Maybe at 2500 he says we'll hit 1500? At 3000 he says we'll hit 2000? At 4000 he says we'll hit 2500?