3 ms·

Crazy! A third of SYMC's revenue might be going POOF! and the market is just shrugging?

• beedogs 10y ago
  They'll all be caught by surprise and lose their shirts when Symantec releases their financials next quarter and the stock tanks. The market is full of ignorant people.
  • NickNameNick 10y ago
    Just remember that the market can afford to be wrong longer than you can afford to bet against it.
    • unabridged 10y ago
      Usually I agree, but SYMC is at an all time high and trading at 40x price per earnings. The price already implies a massive bet on increased profits, but there is no way that is going to happen.