I wouldn't go as far as to say that any shorting activity by one or more investors is enough to drive down any stock, and I don't want people on this thread to get the impression that I am anti-TRMB.
There is an on-going discussion on the ORBI thread that is claiming the same market for the Auto-PC, and they seem to think they, not Trimble has the business.
Also, there has been a steady increase in the shares being shorted by professionals, as evidenced below; therefore, neither Alex, nor Rubble are alone in their opinion that the stock is heading lower.
viwes.com
Finally, I appreciate the plugs to FutureTrak, FTRK, and as everyone here knows I am extremely bullish on that company; especially once they get their Flat Array Antenna into production and report their backlog; but I also want to keep that thread as professional as possible, as their association with Lockheed Martin has taken them into a completely new playground, and I don't want to turn anybody off because of any flagrant hype.
As far as TRMB goes; while I believe the stock is headed lower, all bets are off on a strong close over 22-23. |
