salesforce-com (NYSE:CRM) Explodes on Strong Quarter

Shares of (NYSE:CRM) exploded on their strong quarterly results, soaring to close at $136.74 Friday, gaining $20.97. Net income for the quarter rose to $21.1 million, or 15 cents a share for the quarter ending in October. Last year they earning $20.7 million, or 16 cents a share. Revenue came in at $429.1 million, rising by 30 cents a share, a gain of 30 percent over $330.5

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[Video]’s Marc Benioff with Cramer

Filed in BP, Gold Prices, o, salesforce-com, silver by on November 19, 2010 0 Comments

I am amazed by the action in (CRM) – this sort of reaction to good but not “super great” numbers just speaks to a lot of shorts being squeezed. I thought the shorts were eliminated the past 2.5 months… but as we all know talk lik…

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