Hello thread. FWIW, if you look at a five year chart, you will see
a definite pattern of CPQ selling off during Q-1 and rallying for
the remainder of the year. I know that charts are only good for what
has happened, but it looks good on paper. Anyway I bought in today,
I do not believe that they will miss by too much, and I think that
the market has priced a poor quarter into the stock already, so if
they can show some decent numbers, we may get a nice up tick. I would
think that downside risk might be 28 or so, while upside, for this
year, could be 45 to 50, IMO, a worth while risk.
Take care out there
Henry |
