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March 3, 2013

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:

http://seekingalpha.com/article/1132371-salesforce-com-the-short-of-2013

Those of you who wish to track the performance of this tip, here is a link to the latest Salesforce.com share price:

http://finance.yahoo.com/q?s=CRM

 

 

 

 

 

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