What's Hot: Rackspace Hosting RAX

  • Posted by
  • on January 26th, 2010

Every smart person says $RAX is overvalued. I say many smart people go broke on that argument.

The cloud is the buzz and rax is the cloud for many institutions that manage money.

All roll-ups end badly, but guessing when is too hard.  Trend guys are making a killing here as the ‘dumb money’.

What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower. – William O’Neil

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus

In partnership with CNN Money Part of the CNN Network