Home › Forums › Financial Markets/Economics › OT: Is QCOM a good buy today ahead of earnings?
- This topic has 75 replies, 11 voices, and was last updated 15 years, 11 months ago by nostradamus.
-
AuthorPosts
-
April 18, 2008 at 4:41 PM #190005April 18, 2008 at 10:57 PM #190143paranoidParticipant
QCOM is facing a very strong resistance zone between 45 and 50. it’s extremely unlikely that it can break through that zone anytime soon. while the downside risk is much bigger. so i don’t think it’s a good idea to invest in QCOM at this moment.
April 18, 2008 at 10:57 PM #190166paranoidParticipantQCOM is facing a very strong resistance zone between 45 and 50. it’s extremely unlikely that it can break through that zone anytime soon. while the downside risk is much bigger. so i don’t think it’s a good idea to invest in QCOM at this moment.
April 18, 2008 at 10:57 PM #190195paranoidParticipantQCOM is facing a very strong resistance zone between 45 and 50. it’s extremely unlikely that it can break through that zone anytime soon. while the downside risk is much bigger. so i don’t think it’s a good idea to invest in QCOM at this moment.
April 18, 2008 at 10:57 PM #190207paranoidParticipantQCOM is facing a very strong resistance zone between 45 and 50. it’s extremely unlikely that it can break through that zone anytime soon. while the downside risk is much bigger. so i don’t think it’s a good idea to invest in QCOM at this moment.
April 18, 2008 at 10:57 PM #190209paranoidParticipantQCOM is facing a very strong resistance zone between 45 and 50. it’s extremely unlikely that it can break through that zone anytime soon. while the downside risk is much bigger. so i don’t think it’s a good idea to invest in QCOM at this moment.
April 19, 2008 at 6:26 AM #19019842nate1ParticipantAgree with paranoid. Qualcomm should deliver as planned. They increased quidance mid quarter as they always do. With the Nokia licensing dispute, there is very little upside from here. Qualcomm is conservative with their forward earnings estimates, and they nearly always drop in price after earnings results are released, at least for a few days afterwards. I think you have 1 dollar up and 2 dollars down risk for the upcoming week. More downside risk if the market pulls back from this weeks rally.
April 19, 2008 at 6:26 AM #19022142nate1ParticipantAgree with paranoid. Qualcomm should deliver as planned. They increased quidance mid quarter as they always do. With the Nokia licensing dispute, there is very little upside from here. Qualcomm is conservative with their forward earnings estimates, and they nearly always drop in price after earnings results are released, at least for a few days afterwards. I think you have 1 dollar up and 2 dollars down risk for the upcoming week. More downside risk if the market pulls back from this weeks rally.
April 19, 2008 at 6:26 AM #19025142nate1ParticipantAgree with paranoid. Qualcomm should deliver as planned. They increased quidance mid quarter as they always do. With the Nokia licensing dispute, there is very little upside from here. Qualcomm is conservative with their forward earnings estimates, and they nearly always drop in price after earnings results are released, at least for a few days afterwards. I think you have 1 dollar up and 2 dollars down risk for the upcoming week. More downside risk if the market pulls back from this weeks rally.
April 19, 2008 at 6:26 AM #19026242nate1ParticipantAgree with paranoid. Qualcomm should deliver as planned. They increased quidance mid quarter as they always do. With the Nokia licensing dispute, there is very little upside from here. Qualcomm is conservative with their forward earnings estimates, and they nearly always drop in price after earnings results are released, at least for a few days afterwards. I think you have 1 dollar up and 2 dollars down risk for the upcoming week. More downside risk if the market pulls back from this weeks rally.
April 19, 2008 at 6:26 AM #19026442nate1ParticipantAgree with paranoid. Qualcomm should deliver as planned. They increased quidance mid quarter as they always do. With the Nokia licensing dispute, there is very little upside from here. Qualcomm is conservative with their forward earnings estimates, and they nearly always drop in price after earnings results are released, at least for a few days afterwards. I think you have 1 dollar up and 2 dollars down risk for the upcoming week. More downside risk if the market pulls back from this weeks rally.
April 19, 2008 at 7:07 AM #190218pnileshParticipantFrom what I read.. 10K filing, annual reports, etc QCOM’s stock is currently overvalued. I would stay away from this stock. the stock should be in the 30-37 range.
April 19, 2008 at 7:07 AM #190240pnileshParticipantFrom what I read.. 10K filing, annual reports, etc QCOM’s stock is currently overvalued. I would stay away from this stock. the stock should be in the 30-37 range.
April 19, 2008 at 7:07 AM #190270pnileshParticipantFrom what I read.. 10K filing, annual reports, etc QCOM’s stock is currently overvalued. I would stay away from this stock. the stock should be in the 30-37 range.
April 19, 2008 at 7:07 AM #190282pnileshParticipantFrom what I read.. 10K filing, annual reports, etc QCOM’s stock is currently overvalued. I would stay away from this stock. the stock should be in the 30-37 range.
-
AuthorPosts
- You must be logged in to reply to this topic.