Adobe is a crowded trade, I know the company will continue with increased revenue they a very good product many designers use, professional to amateur. But adobe is very overvalued, I am willing to sit this out it could easily go to 200, but it could just as well in a correction which will happen return to 90 and then move up from there. As well ADBE as their earnings increase need to provide a dividend.
Love this stock. Great steady growth
This is a strong stock ... I'll be holding this for years.
[2016-MAY] Adobe Systems Incorporated NASDAQ : ADBE Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0.9 In other words, the correlation coefficient of the other stock
I was reading that Michael Flynn was on the BOD. Does he still serve or has he been booted off - it doesn't speak well of the company if he still on.
Good luck everybody : NTWK $5 target $ 500 ... Watch the fundamentals ! The new Microsoft from Asia is born !
I am thinking 200 next year at this time.
ADBE will likely move up to $130 and settle there before a pull back to $120. Adobe is a very good company and those hoping to trade down to get below $110 could end up very sorry.
thanks god I didn't short this.
Anyone shorting before earnings? I saw Cramer video and he says that ADBE falling every time after earnings report. What you guys thinking?
At the last moment i bought 100 contracts, weekly $130 calls. I paid $2900 (28cents). It will be interesting if I can make money or will expired worthless. Fun day tomorrow. For the best I hope to see ADBE in $135 range.
Lir , you hold short or puts?
Your welcome Lol
Your guess on tomorrow open and close?
Anyone else see another tech-wreck coming. Tech stocks are way overpriced. This will end badly.