$CTXS I don't post here, but just wanted to say that in case you're wondering, this stock is a DEFINITIVE BUY right now. You're welcome. God bless you and have a great day!
@hodlrich @Ricky_makes_moves Let me ask you something: at which price point are you willing to buy Citrix? $70? $40? And yes, the stock is currently oversold on a weekly and daily chart. If you are not planning on buying it at all, then there you go. But if you are willing, I think that one can either start a position here and if not, then simply delete it from your buy list. I think Citrix will turn around. Don't think that long term it's a failing business. IMHO.
@Ricky_makes_moves at the core it sounds like we differ on long term prospects. Wouldn't touch it, especially before earnings (check the charts pre and post earnings this year). I worked in, and do analysis in, the tech industry. These past 2 years created worldwide spike in remote work, which created an intensely competitive IT solution space. A space Citrix was one of the leaders in for years with their virtualization product. What's now apparent is that virtualization, Citrix's breadwinner, is increasingly and unequivocally becoming obsolete. So a question for you... with businesses moving entirely away from virtual environments, which solutions can Citrix rely on to fill that enormous revenue gap?