Microsoft movement

pc62

Junior member
22 0
Hi guys,

Microsoft have some big movement past few weeks. It come from 28's to Friday's high 33.52; Some professional say it will go to 40 by end of the year. Do you guys think it will pull back to 32ish before go up? I sold mine at 32.48 like to buy it back at 31.88 or low 32's. What do you think?
Thanks.
 

wackypete2

Legendary member
10,229 2,055
Hi guys,

Microsoft have some big movement past few weeks. It come from 28's to Friday's high 33.52; Some professional say it will go to 40 by end of the year. Do you guys think it will pull back to 32ish before go up? I sold mine at 32.48 like to buy it back at 31.88 or low 32's. What do you think?
Thanks.

Microsoft hasn't seen $40 in over 13 years. Don't listen to the "professionals". The stock has ranged between 20 & 35 since 2000. I wouldn't expect that to change anytime soon. Compare the movement of MSFT and SP500 since the "flash crash" a few years ago. No contest.

Peter
 
 
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