EMC (EMC)

EMC (EMC)

Postby iam802 » Tue Jan 06, 2009 11:20 am

EMC is in the business of providing technologies that supports storage and/or the infrastructure to support it.

Strong product roadmaps and product offerings have been their strengths. I believe what set them apart from competitors is also their ability to market the product.

This year is their 30th year in business.

Daily chart shows possible breakout of kumo. Putting this on my watchlist. Maybe they have something to offer as part of their 30th year anniversay.

Image
Last edited by iam802 on Tue Jan 06, 2009 4:44 pm, edited 1 time in total.
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Re: EMC

Postby kennynah » Tue Jan 06, 2009 12:39 pm

802 : tx for highlighting this...appreciate it...

pls note also that the resistance line formed by the recent peaks is where the current price is now...ie, expect resistance.

next....note the general lowered volume as price climbed in Dec...this is not a good sign, BUT, we must account for the fact it is a Dec month and many have all gone to visit St. Nicholas at the north pole...
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Re: EMC

Postby blid2def » Tue Jan 06, 2009 1:26 pm

Okay, this isn't what we should be doing, but throwing a guess:

If this doesn't break 11 in the next 4 to 5 days, there will be a bit of whipsawing or even downswing in the following 2 to 3 weeks.
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Re: EMC (EMC)

Postby kennynah » Tue Jan 06, 2009 1:42 pm

i agree...so let's see the price/volume for the remaining week.... then prepare the position for opening...
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Re: EMC (EMC)

Postby iam802 » Tue Aug 31, 2010 12:52 am

From flyonthewall

EMC up 17c to $18.54 . Pre-open, PacCrest said EMC cloud assets increase the likelihood the company is acquired and speculated Microsoft (MSFT), Oracle (ORCL), IBM ( IBM ) and Cisco (CSCO) may be interested in acquiring the company. Call option volume of 1,082 contracts compares to put volume of 203 contracts. September put option implied volatility is at 28, January is at 32; verses its 26-week average of 28 according to Track Data , suggesting larger January movement.


Note:
VMW, a subsidiary of EMC, is also up.
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2. The trend will END but I don't know WHEN.

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Re: EMC (EMC)

Postby kennynah » Tue Aug 31, 2010 2:02 am

by kennynah » Tue 06 Jan, 2009 1:42 pm
i agree...so let's see the price/volume for the remaining week.... then prepare the position for opening...


wah dao eh....1 year 8 months later... this baby gets resurrected 8-)
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Re: EMC (EMC)

Postby iam802 » Fri May 11, 2012 9:59 pm

And another 1 year plus...it gets resurrected again.

Note:
XtremIO is privately held and do not has any clients yet. So, it seems like EMC is acquiring the talents in it for $430M and to help them commercialise their products (flash drive arrays for storage).

--
EMC Acquires XtremIO

http://www.emc.com/about/news/press/201 ... 510-01.htm
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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