All right, so better holders except for the insiders. We've had 16 insider sells in the last few months, so that's a little...
There's been consistent insider selling the whole way.
That makes people a little nervous.
There's been consistent insider selling the whole way. I think the company's fundamentals are good. I always leave this one to people ... Decide whether the fundamentals are good, but you're paying too much for it. It's very expensive stock.
Book value is $14.65. P/E 85 ... That seems rich.
Well look...Netflix is very highly valued. So is Amazon. And there are a couple stocks that have broken out of the orb of valuation, and it's always been a sucker play over the long term to be in those, but over the short term it's produced tremendous returns, and I always say to use deep-in-the-money calls for these because I'm afraid they'll go down so big on a swoon ...
from $400 to $300 ... But I think it's important to point out that the stock is reacting positively because people want to own the stock but it has been too expensive per share.
All right. So now they do the 4-for-1 stock split. People can get into it that couldn't get into it earlier, and that's a boon and positive for the stock.
They will choose. Yep. Exactly right.
All right. There you go. Here comes your chance, folks. If you want Salesforce.com, it's going to be a little bit cheaper pretty soon for you.
-- Written by Debra Borchardt in New York.
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