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Old 03-09-2008, 04:23 PM   #1
MrSer
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Default Buying SALESFORCE.COM (CRM) puts

buying puts for crm
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Old 03-10-2008, 05:20 PM   #2
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Default Re: Buying SALESFORCE.COM (CRM) puts

The ceo is selling his stocks like crazy. Take look at this. 10k shares a day for months. http://biz.yahoo.com/t/94/6405.html
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Old 03-11-2008, 01:41 AM   #3
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Default Re: Buying SALESFORCE.COM (CRM) puts

I use this for work. Its ok to use, keeps everything organized for me and helps with reminders since I can make 15 to 30 cold calls a day. Since November i have logged close to 1000 events and tasks on it.
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Old 03-11-2008, 02:17 AM   #4
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Default Re: Buying SALESFORCE.COM (CRM) puts

what happened in the first 30 mins of the session?
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Old 03-11-2008, 06:00 PM   #5
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Default Re: Buying SALESFORCE.COM (CRM) puts

MrSer i hope you didn't get CRMd too badly on this

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Old 03-11-2008, 08:33 PM   #6
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Default Re: Buying SALESFORCE.COM (CRM) puts

Brought some more puts today. This company is wroth 20$. We'll see how the new few months go. Most of their profits were from investments not from their products. And the ceo has been selling off.
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Old 03-11-2008, 09:23 PM   #7
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Default Re: Buying SALESFORCE.COM (CRM) puts

i dunno dude.. the chart looks a bit bullish
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Old 03-12-2008, 12:05 AM   #8
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Default Re: Buying SALESFORCE.COM (CRM) puts

Quote:
Originally Posted by MrSer View Post
buying puts for crm
Without doing any research I think this may be a great strategy given Cramer highlighted this stock the other day. Puts would be a great way to play the Cramer bounce at the open since we all know it'll be back down in a week.
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Old 03-14-2008, 10:57 PM   #9
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Default Re: Buying SALESFORCE.COM (CRM) puts

Market is going much lower imo. I brought some march 20 c puts @ .22 cents now they are .98 cents right now. Doing real good and wouldn't doubt seeing citi at 18s by end of expiration. I will buy April puts for citi Monday also.
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Old 03-15-2008, 01:34 AM   #10
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Default Re: Buying SALESFORCE.COM (CRM) puts

Sorry for the newbie question, but I am confused by this activity by the CEO.

Salesforce.com has been been dominating their market space and has really gone white hot the last few years growing into the elephant in the CRM space.

Sugar CRM and even MSFT Dynamics CRM dont hold a candle to them as of late.

MrSer, can you explain more how you are interpreting this? I agree with wallstreetsedge and say this looks a bit bullish...
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