Likewise, F5 Networks (NASDAQ:FFIV) was slammed after reporting earnings falling more than 15% since our most recent sell signal at $118.5.
Both stocks have been top institutional picks on the short side at Beyond Trading.
Mr. Vieira commented on F5 Networks and Juniper Networks results:
The incompetence of Wall Street analysts is reaching irrational levels. Obviously, Wall Street has been reiterating upgrades, they are losing millions! What else were you expecting from incompetents? Analysts exist to sell ideas, they always upgrade stocks, even those going down to zero as Countrywide Financial, Lehman Brothers and Bear Stearns.
Vieira, Beyond Trading CEO