Thread regarding Cisco Systems Inc. layoffs

Cisco's stock rally due to investors shorting the stock


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I could completely see that scenario. I used to short just before each and every earnings for years. NOW I think people are hoping for the Trump tax breaks to bring in investment money.

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He actually says "That tells me you want to sell that because typically short covering rallies like this are usually short-lived, like a week or so, and then the stock will settle back down to a normal trading range,"

The story is 11 days old and they are still going up. So unless they go down in the next few days it looks like he's wrong.

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