Wednesday, May 6, 2009

Cisco beats estimates

Just like Disney did.

And just like Disney, Goldman downgraded CSCO on April 6, when it was 17:

Goldman plays it's same old games by telling clients to sell Cisco...The bears power was credit default swaps, naked shorting and the spreading of fear, all done under cover, and all done while forcing stock prices down. Without that ammunition, the headlines of today don't mean a thing. Because the headlines of today, won't be tomorrow's news.

Tomorrow, we get the stress test results.

But not for the bulls!

No comments: