I like VMW and have traded it profitably but it’s hard to tell which way it wants to go. Its valuation is high, it’s stuck in the 63-73 trading range, plus the market is iffy.
The longer it stays in the range, the more valid the breakout (to either side) will be but I am not making predictions as to which way it will go.
If you are currently in this company and have not take some profits then you are being a greedy pig, and as Cramer says “bulls make money, bears make money, pigs get slaughtered” basically, you don’t have to sell it all just about half. If you are waiting to get in, wait until $60. If you are looking for a good technology stock, I would suggest CSCO, GOOG, or AAPL.
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Fly in the long run. They got the best right now and MS doesn’t look like it will be able to compete. VMWare is going to be the future.
I like VMW and have traded it profitably but it’s hard to tell which way it wants to go. Its valuation is high, it’s stuck in the 63-73 trading range, plus the market is iffy.
The longer it stays in the range, the more valid the breakout (to either side) will be but I am not making predictions as to which way it will go.
IPO at $52 now at $70??? You make the call.
If you are currently in this company and have not take some profits then you are being a greedy pig, and as Cramer says “bulls make money, bears make money, pigs get slaughtered” basically, you don’t have to sell it all just about half. If you are waiting to get in, wait until $60. If you are looking for a good technology stock, I would suggest CSCO, GOOG, or AAPL.
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