EMC can make it past 30's and most of the big guys who have been buying it up on the quite from all the little guys who have been frightened off cause their PE is 19 time of their trailing earnings. The smart guys know that when ever everyone else is running for the door, you load up and that is exactly what they did.. Now the show is on and you will see EMC with small pull backs from tie to time will continue to move towards 30, my bet for longs is to hold on till u see 33 or higher. And how do I get to this number, assume EMC makes what they say they will this year $1.85/pps at 18time the forward earning you can expect $33 per share.. Good luck I will hold till Q4 2013 or Q1 2014 to sell.. Wish all longs good luck..
EMC is capable of doing it on its own, but for last few months it has not done anything to bump the stock up. Results are what is keeping them down and not forgetting the VMW short comings. If VMW can bump its revenue and EMC too comes up with better results, then they surly can make it higher on their own. I am all for EMC to see it make 30 by year end and if it EPS is near $1.85 then the market will reward them and you may see shares in the range of 29 to 32.. I will settle for 31 by Oct..
Not a good story, it needs to do it on its own. Lets see if it can get back to 25.50 and from there if it has any strength to get back to its 52week high..I don't see this stock getting to 29 or so by year end unless VMW makes a big profit and increase in its future revenue.
EMC seems to be stuck in a tight range, technical still pointing to sideway trading, many positive recommendations but stock down 25% from it 52wk high, market has moved up so much, yet we are losing ground.. Tucci needs to do something, we are stuck with VMW's fate. I do not see EMC moving until the upcoming results.
Will it, the word you used was "probably" . "Most trusted data provider" funny market does not trust the stock, big funds dont trust the stock, little guys are out of this dog, what is left is Mkt maker who is playing few cents up and few cents down. No doubt EMC will come in and buy some shares (50mil) or so, which they do alnost every other year and then they hand them out to execs as part of compensation program, they never retier the shares.. I do believe in the company but it has been so slow moving stock, it is just unbelivable.. Better investment would have been BAC..
Big guys are just not interested in this stock. Great company but Funds prefer NTAP, why , I just dont understand.. It should be in the 30's given all other stocks are at their peak.. I suppose we will just have to wait till the year end to see if this dog can lift..
Once we are over the option experation, which will be today or tomorrow, and u will see it go past 24 and then head towards 26+. Hang in there till 24th. And we could see 27..
And they will hold the stock down until they have squeezed every last share between 22.60 and 23.38 and only then will u see this thing move. EMC has alway i mean always been controlled by the crooked mkt mkr. And no one does anything about it..
noop, crooked EMC and mkt maker are working togather to buy stockon the cheap someone should take them to court
I take it that you are positive on the stock, I too like to believe that EMC can make 32 or higher and i feel it is being held down. Once it moves it will jump in a hurry. MKT has moved so for up yet this stock has not moved an inch, so any positive statement / results will have big positive on the stock and shorts will run for cover. which will add to the upside.. May be i am being wishfull, but stock has an upside of $36.
All the hype about best stock to buy yet we keep tanking, what is wrong with EMC and which big fund is selling their position. I suppose we are stuck till results same goes for VMW, No one believes VMW can make their numbers anymore / slow growth, etc etc.
you are right, dont see any movement to the upside from here, company is a dead duck. The only savior for them now is if someone buys them out which too is unlikely. Too much -ve hence 15 is possible..
EMC has lost the upside ride like wise INTC and few other techs. even though mkt is sitting it is high yet EMC is till where it was year or so ago. No change in price. So what will it take for it to climb. VMW is what was making it fly and same can be said that VMW is what is holding it down. EMC is making more money now than it was a year or so ago but stock still in 23/24 range, when it really should be in the 30 range given how far SP500 has climbed. After q1 results we will know if it is ready to climb past 27 and if it can do that then 30 to 34 is very possible.
NO matter what you read these days on BAC, it is not a good buy, below 11 is where one should think of buying the stock and holding for a year. I am sure between now and Oct this stock will come down by 15 to 20% from it current valuation. World banking situation does not look good so be careful, I for one will consider buying below or around 11..
Should we not be asking where is company management, how come they hv not come out and said anything to protect its own valuation. Has life suddenly cecome so bad that this ocmpany is down 60% from it high in less than a month..