This company was grossly overvalued to begin with. The breach is fatal. The ship has a hole in it from the iceberg. Whatever strategies, contingencies, personel changes etc. they do won't change the fact that revenues will decline, costs will be enormous and lawsuits will swamp them. They have to declare bankruptcy to even possibly survive in some smaller,...
As predicted in my last post on IBM being one of the best performing stocks in the 4th qtr and 2018, it is currently showing relative strength in the face of this high tech decline. IBM is stepping up to take it's place in a leadership role going forward. BUY! Chartsmaster
This pullback after last week's strong run is the last great gift buying opportunity in NTNX before the real breakout takes it to it's FIRST target of 30. BUY! Chartsmaster
Anyone who was long EFX before the breach was announced, and didn't SELL immediately when the news broke, should GET OUT NOW! Traders and speculators should SELL SHORT and or use puts to speculate on the likely future Bankruptcy of this over valued failure! SELL & go short! Chartsmaster
Time to cover the AAPL short I recommended less than two weeks ago when I said to use any spike to 162 or above to sell and traders to go short or buy puts. I think AAPL is dead money for a while but we got close enough to my 150 target price to cover shorts. If we get a sharp enough bounce in the days or weeks ahead, I might have a new short recommendation? Stay...
The correction in gold & silver and the mining stocks IS NOW OVER! Back up the truck and get ALL IN as "the greatest Bull market in financial history" is ready to accelerate higher. You want to get all money except the little needed to pay bills out of banks. Keep the bulk of your liquid dollar denominated funds in CEF. Buying down here @12.75 or lower is a GIFT!...
We are getting close to finishing up the correction in gold and silver and the mining stocks. For those inclined to speculate on a high risk, high reward silver miner, I recommend putting in GTC orders to Buy DNCVF Defiance Silver @.26.
There have been numerous false starts and disappointing pullbacks during the last few months that I have been "poundindg the table" on NTNX! We are now on the verge of the ultimate breakout. Remember, I have said that this is one of the BEST charts I have seen in 50 years of studying stock charts. The longer this tight consolidation took, the bigger the move when...
The correction I posted about for gold and silver and the mining stocks continues. We are well on our way to significant buy targets, BUT not yet. Stay tuned. Chartsmaster
Right here around the 50 day mvg. IBM is a screaming BUY. I expect it to be one of the best performing stocks for the 4th qtr.(Oct-Dec.) and all of next year. BUY!
Holders of AAPL should use a spike to 162 or above to sell. Speculators should short or use puts to play for a move to 150 by year end.
After a series of daily posts recommending buying NTNX, I have kept silent since the earnings release almost two weeks ago. I have studied the trading these last seven days with extreme interst as it confirms what I have felt all along. I strongly believe that the company is probably working with a private equity firm and is planning to take the company private....
In my August 29th post on IBM I said that this should be a core position. Unfortunately, we are not likely to see a drop to the 141 area I suggested for GTC orders. I believe the bottom is in for IBM and though I don't want to chase, this was so oversold and such a good value that I would accumulate on any dips especially down days. At it's low recently, it was 20...
Back in late June I began the 10day countdown to the beginning of "the greatest bull market in financial market history" for gold and silver. The BULL market began on schedule at the start of July and has proceeded since. We are about to get a pullback in the precious metals that will provide those who missed the train a chance to get aboard before the express...
Opportunities like this don't come along very often. This is a unique combination of a rare, beautiful chart pattern, technological special situation, low risk, high reward entry point. What are you waiting for? Anyone who buys individual stocks has to have an overweight position in NTNX. Even those who don't buy individual stocks should make an exception and buy...
I have been pounding the table to buy NTNX before it breaks out higher, which I expect this week. Use today's expected early selloff as a last chance to board the train, hopefully at lower prices before the expected breakout later this week. BUY,BUY,BUY!
On August 14th I recommended "wading back in" to IBM around 142. It fell to 139 and rallied to 144 last week. After yesterday's pullback I am recommending taking a full position by entering GTC Buy orders @141 before the market opens today. You want to be long IBM for at least the next two to three years.(4+% yield a bonus) BUY!
The expected upside breakout in NTNX should take place this week. I don't know what the catalyst will be but expect the first salvo in an upcoming bidding war to be fired soon. That should start with an opening bid between 28-30. As others engage we should eventually see a deal price between 37(if management lowballs with a private equity deal) up to 45-50 if...