Latest Stock Market Tip – Sell Salesforce.com
On Friday, Salesforce.com (symbol: CRM) closed on the New York Stock Exchange (NYSE) at a price of $182.00. This was an increase of $12.78 (or 7.55%) on the day.
Insiders have been selling this stock at an alarming rate and regular readers of this website will know that I view this as the most bearish of sell signals. Many of my stock market tips are purely purely on the basis of insider selling of shares in a company.
For an excellent analysis of why the fundamental analysis also support selling this share, I would recommend you read this article from Seeking Alpha:
Those of you who wish to track the performance of this tip, here is a link to the latest Salesforce.com share price: