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shorting CSCO > 26.4 into the earnings


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#1 A-ha

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Posted 06 May 2008 - 02:23 PM

is it going to work this time.... we know that BRCM, CSCO's main supplier gapped up on earnings... plus lower dollar and better international picture together with chambers factor = GAP UP is that so? ;)

Edited by A-ha, 06 May 2008 - 02:25 PM.


#2 milbank

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Posted 06 May 2008 - 02:46 PM

Chambers IS the original "Mr. Beat By A Penny." Looks like the makings of a beautiful short...after the opening runup of course. We shall see tomorrow morning. B)

Edited by milbank, 06 May 2008 - 02:49 PM.

"The power of accurate observation is commonly called cynicism by those who have not got it."
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#3 A-ha

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Posted 06 May 2008 - 02:53 PM

after the opening runup of course.



Problem is that J6P is betting his underwear on it...

#4 milbank

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Posted 06 May 2008 - 03:01 PM

after the opening runup of course.



Problem is that J6P is betting his underwear on it...

Perhaps but, over the years J6P trader has bought into Chamber's "beat by a penny" like Charlie Brown bought into Lucy holding the football everytime.

I'm going to wait and see if, after the yahoos rush in in at the open, I can be the second mouse that gets the cheese.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe


#5 milbank

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Posted 06 May 2008 - 03:11 PM

Ooooh! Beat by two pennies this time. <_<

Edited by milbank, 06 May 2008 - 03:18 PM.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe


#6 A-ha

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Posted 06 May 2008 - 03:18 PM

Ooooh! Beat by two pennies this time.




I dont think it will open positive... unless he pumps it up in CC

#7 milbank

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Posted 06 May 2008 - 03:46 PM

This guy has pulled too many monkeys out of his @ss in the past for me to bet against him. If I'm wrong, I'll know before I make the play.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe


#8 A-ha

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Posted 06 May 2008 - 04:38 PM

Do I see CSCO negative :lol: but i think you will get another chance to short above 26 tomorrow

Edited by A-ha, 06 May 2008 - 04:40 PM.


#9 milbank

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Posted 06 May 2008 - 05:39 PM

Do I see CSCO negative :lol: but i think you will get another chance to short above 26 tomorrow


Yep. My strat. was...
If it don't stay, I don't play.
Take another look on Wed Nes Day. :lol:

Edited by milbank, 06 May 2008 - 05:39 PM.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe


#10 linrom1

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Posted 06 May 2008 - 06:01 PM

After all these years, this company is still playing non-GAAP games---it does make you wonder what crap is hidden on their balance sheet. Two freaking set of books. It's like Citi with their never ending SIVs. They have 6 billion outstanding shares and will earn about $1.23 in Fiscal 2008 which includes two quarters from year 2007. It's a $10 stock. No China after Olympics.

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