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Strategies & Market Trends : Shorts waiting to happen
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To: Cadaver who wrote ()5/31/1996 11:01:00 PM
From: Avi Halpern   of 852
 
I think its a good time to short QCOM. They fell to $32 after their very low ($0.02 VS. $0.20) earnings but started to go up again too fast and too high. Today they reached $54.5 and thats when analysts have lowered their next quarter earnings.
Expect to see them under $40 again if they fail to meet those lower ($0.14) expectations.
Good luck to all.
Sell high......Buy low its the rule !
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