iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

BUSY EATING SHIT IN $CRM

w630_tumblrlxspbgXbDk1qk68m8o1-1386106985Doubled up in $CRM not long ago. Ouch.

04:10 PM EDT, 08/31/2016 (MT Newswires) — Salesforce.com Inc (CRM) reported Q2 revenue of $2.04 billion, just ahead of the analyst consensus of $2.02 billion on Capital IQ. Non-GAAP earnings were $0.24 per share, two cents better than the Street view.

For Q3, the company expects revenue in the range of $2.11 to $2.12 billion, vs. the analyst view of $2.12 billion. Non-GAAP EPS is targeted at $0.20 to $0.21, vs. expectations of $0.24 per share.

For FY 2017, Salesforce.com expects revenue of $8.275 to $8.325 billion and EPS of $0.93 to $0.95, vs. the Street consensus of $8.346 billion in revenue and earnings of $0.95 per share.

Price: 75.50, Change: -3.92, Percent Change: -4.9

2016-08-31_15-23-57Set to open in the low $70’s. I’m going to lighten up on my $AMBA and take some shares for LT account tomorrow.

If you enjoy the content at iBankCoin, please follow us on Twitter

21 comments

  1. Trent

    I am here to troll you!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. probucks

    this is earning anouncement is telling of how agressively growth in cloud stuff is being assumed.

    wouldn’t be suprised to see amzn take a whiff soon.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. dae42

    I feel like this “guide down” was well orchestrated and telegraphed…wouldn’t be surprised to see the stock closes flat or even green tomorrow.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • philsy13

      Agree. Orchestrated or not, I’d expect a big bounce tomorrow if it opens down.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • bchu12

      been waiting to pick up some in my LT portfolio. got my chance finally.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  4. Dr. Fly

    Sandbagging. They’re setting up for a huge beat this quarter.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • bchu12

      fade whatever you say

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Dr Fly

        Instead, I am fading you.

        Full site ban, irrevocable.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Dr. Fly

          BCH has been banned on my blog for years because he’s a petty troll, who only talks shit. Now he gets the full Greg Solomon treatment of never being able to visit the domain again, in his long, pathetic, life.

          Good riddance leech.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • marc

            Finally….trolls can be funny and even useful, but this guy was ridiculous

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • Heckler511

            Damn Fly we need him – he always calls the bottoms with his bitching!

            • 0
            • 0
            • 0 Deem this to be "Fake News"
  5. shawnji

    Shit. There goes our best bottom-ticking indicator.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. traderconfessions
    traderconfessions

    Thanks for your trader confession.. and sorry dude.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Dr. Fly

    Trader confession

    You’ve been banned too. Say a word and I’ll give you the Greg Solomon treatment too.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • marc

      Is Bluestar alive?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • probucks

        i think he’s sticking to trading CL for the time-being.

        from what i can tell he’s pretty dead set on this 2200 level (or a touch below)

        at any rate, i hope we see him again soon b/c this vol complacency is egregious

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  8. Option Addict

    I may compile a blog tomorrow, in loving memory. I have so many “Bchu charts” in my gallery its hilarious.

    #RIP

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. og

    That pic has me grossed out. lol

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. MSGT HARTMAN

    Shouldn’t you let the dust settle before trading? One down day can beget another.

    • 0
    • 0
    • 0 Deem this to be "Fake News"