Registered: Jul 2011
05-16-13 04:04 PM
Quote from aqtrader:
More than 12% at high. Will go higher regardless of fundamentals then come down together with the whole market. No one really knows the timing.
CSCO's been battered for quite some time, I think it has potential to go against the grain a bit. it hasn't really correlated with the market too much in the past 6 months to year.
At any rate, I think CSCO trades up to 26-27 before next earnings call, I don't mind holding for now, almost considered doubling down then decided against it.
Also, up 16% on CSCO in about 2 weeks.