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So you’re assuming that they’ll post stellar results after the market closes today and that the market will reward them for it. I wouldn’t be so optimistic, given what’s happening today with $NOW despite truly outstanding results and outlook. With $SAP, I see more of a $IBM scenario. I think we’ll see double-digit declines there this year if the $120 level doesn’t hold either.
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@Multibagger I think a double-digit drop is out of the question unless the numbers are absolutely abysmal. There's a lot of trading volume around the €125 mark. In my opinion, the downside is manageable.
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@Multibagger I expect that my purchases will pay off in the long run—carpe diem 😊
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@Multibagger I don’t think we’ll see an “IBM effect” at SAP. To me, the stock seems rather oversold following the recent reaction. The valuation remains solid, and the Q1 results were strong. The key will be whether SAP confirms its full-year forecast with its Q2 results. If it does, I see a good chance of a rebound. But ultimately, the market is often reacting irrationally right now—you can’t rule anything out. The current example of ServiceNow illustrates this as well. Overall, the stock market is already pretty crazy right now. I remain a firm believer in SAP…
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Looks like it worked out pretty well :D
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@MoKi28 Rumor has it that one or two traders were on the verge of pulling a stunt… 😁
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@jkb92 Dodale Harmonie is back at the bar today 🫠
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@MozartsGeist It wasn't me
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