If you post that you have those stocks now, your outcomes can be reviewed by looking at the prices of those stocks in the future. Nobody believes a poster who established ownership before claiming gains at a later date. Otherwise, your posts mean nothing and you don't need to post.
By the way, this is the CRM message site. CRM had everything going for it today. The number of shares of CRM has gone up and that meant rebalancing mattered to CRM. But CRM couldn't solidify above resistance. I almost added to my short position in regular hours. Now the after hours bid is to the down side. Monday will be interesting. Shorts in CRM can be comfortable over the weekend.
CIO's or Chief Information officers may know their areas of technology, that's different from markets and for GAAP and non-GAAP figures, etc.. Also, it appears that CRM has been kind to their own CIO's, but at the cost of stockholders who aren't company insiders.
If I had the choice of getting predictions about CRM from a CRM or Jim Chanos, I'ld take Jim Chanos' advice.
Maybe Hapihammer covered that short under 310 and you seem so sure being short AMZN is a bad short, maybe it's a good short now (though I won't short it, at least not today and the last time I shorted it was when the stock was over 300, reported, and dipped to around 270. I exited that short nicely under 300 and haven't traded AMZN since.. I missed being long until now, but I won't go either long or short AMZN now. AMZN has increasing numbers of buyers of products and offerings of products. Also, there's not enough information about AMZN for potential traders. Also, AMZN may be superior regarding the cloud (though likely overpriced).
Also, today CRM is supported because there are more shares of CRM, but that benefit has already done it's fullest pump. It may hold CRM up today, but not after today, IMHO.
It sounded like CRM is one of those. I'm going to look for other suspects, too. I have ideas about a couple, but need to do more research.
While I'm bearish on CRM, suggestive comments about the CEO's health may be seen by some as yelling "fire" in a crowded room when there isn't any fire. I agree that MB is hefty. I agree he's one of a kind when it comes to being uber bullish. That doesn't mean he's about to keel over. Also, even though some question CRM's bookkeeping, it doesn't mean the SEC will descend on his office.
That said, IMHO CRM is overpriced, IMHO.
Some other posters don't agree with you. You could ignore me. I won't add to my short position today unless CRM moves up to the resistance level. If CRM doesn't do that today, then the stock is even more vulnerable to selling off. My current position in CRM doesn't involve time premiums even though the put options look attractive here. I'll reassess that after today.
Please hurry up and get this stock up to the underside of where I want to short more. I could replace the options I closed out last Friday, as I reported in real time. If CRM doesn't reach my point to short more this week, but I may choose to wait before adding to my shorted stock position. Other than being swept up in a market relief rally,, CRM is not a stock to be bullish on. Remember that most of the gains in stocks recently has been due to stock buybacks and reducing the float. CRM has done the opposite and will need to continue to do the opposite and issue more stock and increase the float unless they stop paying executives amply in stock and start to buy back stock. Oops, they can't buy back stock. They don't have the cash. The cash flow CRM reports comes from insiders selling at market value the shares they received for little or no money. It's an artifact that can confuse some people at first. It appears to be cash flow, but it's not and it doesn't help stocks.
As I wrote, I didn't have a position in Adobe then and I don't have a position now. A few days ago, after their report, I started a very small put position when the stock was just under 61. About a day later I decided ADBE was a better stock than CRM and I closed out the put position when the stock was around 58. I'm neutral on ADBE and, I repeat, I don't have a position in ADBE.
I was away from my computer all evening and actually came into my computer room for a few minutes. My thought is why would anyone want to check to see what I posted about another stock three months ago. I wouldn't waste my time checking up on what others had written about. IMHO, this suggests that "howdoyoufeelnow70 and too many other "handles" on this message stream come from paid pumps who have different assignments, including attempts at discrediting retail investors and traders.
I shouldn't have dignified your post with a reply, but I rebuff any attacks and lies posted.
BTW, I realize CRM's average was about average today, but that's only because the average number has declined, especially over the past 30 days. There were a few down days on heavier volume, but volume has been lower on up days.
It's exactly at times like this that CRM is vulnerable, IMHO. Today's gain was on lower than average volume, BTW. The 50 day DMA has been going down. There are fundamental reasons as well as technical reasons, but I don't have time to list them right now. However, I will remind people that there have been changes posted on and off regardingi the value of the company. When stock values go up, magically there are posts of underlying values. Sometimes the value number posted is thousands of dollars lower. Then the value shown is higher again. Just last week I copied and sent to myself. I won't bother posting those now. Also, the mistaken % of shares shorted hasn't been corrected despite many notices about it.
Have a good evening..
Correction It's "it" not I couldn't stay over 52 earlier today. I didn't add to my core position then and haven't decided yet about whether to add to my core short position now. CRM appears to be making lower highs, but even then I haven't decided whether to add or wait.
CRM has massive overhead resistance. I couldn't stay over 52 earlier today and there's likely to be more selling later this week. There might even be some institutional selling later today. CRM has no GAAP earnings in the forseeable future. There are inaccuracies in statistics published here. I have copied and paste in e-mails to myself the fluctuations in company value and despite posting errors in such items as percent of float shorted, the math error persists. IMHO that doesn't foster trust.
Perhaps I should wait and perhaps I will, but this stock isn't going up more than a couple of points and the downside is extensive. BTW, the chief of global enterprise sold the majority of his stock.
As I posted in real time on Friday, I closed out puts. Today might be a good place to replace those puts or add to core position because there's likely to be more selling pressure than buying pressure later this week and possibly this afternoon even IMHO.
I have never traded HLF. From the stance of an observer without a position, I found it curious that the stock jumped upon the announcement that the audit had been completed, even though the results of the audit weren't announced. When will the results be announced? Is the stock worth more or even what it sells for now or is this afternoon's move a short squeeze?