IBM vs LTCI'm just curious what will perform better in 2022. My bets are with Litecoin - still, it isn't a bad idea to hold on to #IBM either.
Long both. Why not?
Redhat
RED HAT: $165 Short Call + DipRed Hat is most likely at a market dip for even better positive correlations then this short call that I am making. I believe given what they are doing and how big they are amongst the Linux community, plus past wave trends, bands, and spreads, a $165 short calling is beyond reasonable with little to medium investment risk as a stock pick.
Sep 25 Earnings: Red Hat is Overextended Red Hat has been on a tare recently, gaining over 50% YTD on behalf of strong partnerships and acquisition synergies.
The company has successfully boosted revenues and upped its guidance in most recent quarters.
Red Hat's new product deployment has boosted subscriptions.
I believe the company will beat their earnings estimates on Monday, but guidance should be limited with its partners growth stagnating with stiff competition.
The company's competition as well, will limit its guidance prospects for the FQ2 2018.
I believe a correction will occur following the release of their earnings and have a $100 PT for the next 2 months.
