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Short

ADBE - Not going up.

NASDAQ:ADBE   ADOBE SYSTEMS INC
30 1 1
ADBE             came back some after the last report. Is the stock going to make a break out? Seems unlikely, given the recent reports.

Doesn't seem to have much room on the upside. Investors might move elsewhere, thereby driving ADBE             price back down to a more reasonable level.

As for their cloud based craps, not really popular. CQ5 is, somewhat, but development teams tend to prefer open-source products. I don't see CQ5 taking over the space.
Out of this. Covered.
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