DELL's results are due coming thursday. Lots of short positions to cover. Long do not want to sell as you can see from the volumes when stock price was 13.85.
Only hammering of stocks brought the stock down. This will change in this week and as shorts will run to cover their XXX. This will go up for sure.
I bought some more at 12.00. Even if economy to go in recession and everyone needs computer to apply and search jobs online. Corporates PC are long overdue to be replaced. Windows 2000 and soon XP will not be supported and newer operating system and application requires larger CPU and RAM requirements. I am long on HP , DELL , Microsoft.
Mike DELL ,
Please do not invest in a company that is losing money for past three years even though there revenue increasing twice.
Do NOT give three times its market value of Aug 9,2010 i.e. 8.53.
Let HP can have 3PAR for 30$.
Do not waste money for buying, Let's create 3PAR by investing 2Billion in another venture.
I don't agree , HP is just paying mental game , Mike... kind of Texas Poker...
Sometimes it is better to loose the game & Win the table.
Does it mean You should pay 100$ for 3PAR , if this war goes on and on and HP outs bid for 97$ & DELL needs 3PAR badly to grow.
Business does not run like that. I remember during dot.com boom , lots of company built websites and sold it.Many company paid lots of money because it brought lots of online users to their site. What happens tomorrow some other online model comes and your online user goes to different sites.. eBay , Facebook or Amazon are only few that survive. Rest become history.
f.tank13 , you stole words from my mouth.
I think this is the platform that we as a shareholder should use to reject this offer.
DELL should collect CASH.
3PAR should not be the only company.
HP after MARK HUDD's departure wants to do something to impress the WALL STREET. see their stock price has gone down significantly recently.
DF has confirmed its EPS to be 13 to 18 cents after 18million charge related to lawsuit settlement in the 4th quarter.
If you read in between the lines that means they are going to have very good quarter with profit of 25-30 cents
par with their 1st quarter profit so it is going to up to
TheStreet just reiterated that , no new news.
Shorts are going to get squeezed and run for the roof by January end.
Monday will be awesome day for long.
Shorters better cover yourself or get burnt.
DF is going to have good quarter. Avg. Butterfat price in this
quarter was equal to last year.
It will easily shoot to 9$ in January.Put Contracts are very less in actual money , compared to what you buy or sell actual.
if lot of put contracts compared to Call , who cares.
If what you are saying is correct , then we should storm this board with positive threads .
Let's see who wins , that will decide if stock price will go North or sounth.
As tug of war between shorts and long gets to its
final lap , we will see wild swings in DF today.
It will rise as it is been happening in the last sessions and then drop dead to make it look like
it is again going into negative territory and then
at the end it will rise to around 8.30.
No Volume only. I am disappointed.
Only good thing about today was it's support line increasing slowly from 8.04 , 8.08 , 8.14 now.
May be lot of traders are on Christmas vacation.
Today looking at volume in such a short time ,
I don't think it will go down as it is doing in last 4-5 sessions.
I believe it will touch 8.30 today and stay there.
It will slowly rise to 9.30 by next month preferably before Jan 22.
Option data clearly indicates that Traders are going to drive this stock up and above 9.50$ between JAN 10 & 22.
Shorts , take your stock taking before year end.
You are in danger zone now.
Algorithms have taken control of DF and their intention is to drive this stock up.
Hope new year brings all the lost value in DF back.
Let's pray DF management works in the best interest for investors.
HAPPY NEW YEAR.. BYE BYE 2010.. WELCOME 2011
This is healthy sign legendcruze.
DF has risen 50 cents during last week. so there will be profit taking , but once all the selling is done, it becomes lighter and will fly.
Two weeks target is 9.50.
Feb 7 will be Boom's day for DF.
Investors following kramers might be selling stocks.
good for long. u get stock at cheap rate.
look at jan22 call options for last three days, it indicates bullish trend. around 9.50 very soon.
may be moody's is about to upgrade.
By looking at the volume for last three days , looks like upgrade in on the horizon by well-known entity.
& There are not that many stocks for sell.
So Demand-Supply makes this stock to rise by 9.90 by Jan End.
Keep your finger crossed.
OK , Now we all know why DF was increasing in
volume and price,
Here are action items for next 2-3 weeks.
1.Moody and Goldman's upgrade
2. Shorts will cover there huge exposure about 8 million in next 2-3 weeks .
I see no problem, DF going upto 10.45 without any friction.
Thank you Apploosa , you ROCK... We are with you.
Yes , I agree , I see 11+ by End of January.
I have increased my target from earlier
9.90 by looking at volume and Pre News update
10.45 After news update
11+ after looking at volume 21m WOW and options volume !Wow!!!.
Whoever wanted to sell at 9.80+ , already out , When it dropped
from 9.90 to 9.55 , I thought this is it. But it went up again within an hour.
If you hold the stock for 2 years , it will be back to 20-25+ for sure.
Correct , If Tepper wanted to sell , he could do that but in that process he will loose creditablity.
and next time if some news comes out about he acquired holding of 8%.
Instead of rising that stock will decline.
JkWeli , Please be relaxed , I see your shoulder still stressed out.
Take rest , if you are shorter , Please buy back the stock again.
People do make mistake.
If you follower of Kramer , Please stop following him. As he simply said that , one has to look at the balance sheet and he owes no responsibility if stock price goes in reverse direction that he mentioned.
I see market overall declining today but DF will hold 9.80 - 10.20 range.
DF has very strong resistance at 9.85. IF we cross that we will see 10.40 or else stay while you can
between 9.65 - 10.00 today.
Again due to Euro issue , market will be kind of negative so DF tend to decrease. but it will find support at lower base and rise again , till accumulation completes by hedge funds.
I believe this week , it will be under 10.