increased my position 20% with a buy at $89.50 today . My feeling is, it has stalled here long enough, time for new highs like everything else.
They raised their full year forecast.
Who says CRM isn't poised for potentially massive upward movement? Im not sure about you guys but awe.SOME-StockS has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
@Maggie, who did and when? you post is just a tad lacking in detail.
Can Salesforce be Amazon'ed? IMO the Salesforce SAAS products do not compete with Amazon's PAAS products (the AWS line). The Heroku PAAS product, owned by Salesforce, competes with AWS. But, it runs on AWS, so Amazon makes money when Heroku is used, too. Even better for Amazon, when usage gets high enough, Heroku users will likely spend the effort to convert to native AWS. BUT Could Salesforce stock suffer from a perception that Amazon is competing with them? IMO, yes.
this has been sitting at 88 for months
Let's hope we close at $90 today
CRM 460 p/e ..overvalued is understatement to say least...clearly benioff and entire board agrees...look at insider transactions..cooking up books to bouy share price long enough to unload millions $$ worth of stock...furthermore lotsssss of competition now....remember what happened with DATA ..its coming #CRM ..short this p.o.s
Billy bob Johnson
What about Salesforce President, Vice Chairman and Chief Operating Officer Keith Block who sells every share he gets, every month. He sells 10,000 shares every time he gets them and holds ZERO shares. Zero shares, not even one single share.
So now this CEO is talking about how other highflyers are well undervalued.
Is this the same guy that sells on an automatic plan all the time. Honestly, he should recuse himself from such discussion. Please!!
Slack: 4 billion for enhanced and updated IRC!? (Internet Relay Chat, kids, ask your crazy uncle.) Are we in Oz? How many look-alikes will exist six months from now? If Salesforce cannot add all of Slack's features to Chatter, without buying this unicorn, something is wrong by the bay. Gateway to Slack? Why not. Is there any reason to buy Slack?
Short all you can, all the way to $50 ..
Billy bob Johnson
Oracle is eating their lunch.
I hope Salesforce buys Slack and their stock drops because of it so I can buy it up at a discount
CRM speculated to be interested in Slack, enterprise messaging and productivity company with $1b revenue.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is -0.8 In other words, the correlation coefficient of the other stocks
Why are all the executives selling stock and not one is buying with their own money? If the numbers, and business, are doing so well, why would a prudent insider be acting in this manner? BTW...has nothing to do with diversification, which is always the excuse.
This issue is poised for a moon shot. Citron will step aside realizing their error.