TheOmega
Short

Way Overbought - GIMO Gigamon Inc

NYSE:GIMO   GIGAMON INC
21 0 0
This stock got upgraded from neutral to buy after strong Q1 results. The buy rating was set with price targets from $22 to $32. The stock surged and is currently sitting at $29.75.

I see this stock as way overbought and ready for a quick price correction. I am not sure of a target, but I plan on easing out of the stock if it starts consolidating after a strong bearish move.
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