Microsoft movement

[pc62]

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]

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

 

[pc62]

Thank you. Do you think it may test the 35 before it pull back a liitle?