We have our fair value estimate for Dell stock at $65 per share.
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MD cashed out a bunch of stock. Personally I always follow the leader. They usually dump before the crash. The hoarding money addicts know when to dump.
When they can't lay more people off to improve the numbers, that's when the stock will plummet.
I'd sell while you can
Now its down to $110 today.
What’s your price prediction through end of July OP? $100 or just below?
It’s down because it was up unnaturally on the back of Mr nVidia telling the world that Dell servers are super duper. It’s now coming back down.
It’s still up 30 odd percent since the start of the year.
Go play with some rocks now.
Stock down 33% since the peak in late May. What changed in the last week to make it go down 18%?
How can stock jump and dip this wildly in such a short period of time?
There seems to be no explanation.
market is cooling to the AI hype train
Yep. It was all a story with nothing behind it. Look who sold shares though and made the most money. Not us.
when we get below 100....k that is
Yes
Guess it will down to 56-58 back where it was.