User 158469

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    • ON: Thu Feb 28th 18:37 PM
      Commented on:
      Apple's GS Symposium Presentation Dispels Doubts - Will Google Follow?
      Damn good advice, Vikram. I hate claiming certainty on anything in the market, especially *this* market today, but these big caps with solid fundamentals (ORCL, AAPL, GOOG, etc) have been getting slaughtered on what amounts to, in reality, little more than speculation. All it takes is some newsworthy event (such as the GS conference) to give them an opp to disclaim all bad rumors and watch the stock price fly. I don't know if the companies have been allowing their prices to fall as much as they have fallen, just so they can buy it up on the cheap and then issue a positive news statement, but it sure is suspect. Either way, it's a tough play to stay short on Google through this conference.
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