Salesfore.com (CRM) vs Netsuite.com (N)

This is a battle in the on demand software sector that is going to get bloody. CRM is Salesforce.com and an industry standard among Customer Relation Management software.

Netsuite sweetens the offering by tying ecomerce and some other bells and whistles.

They have been getting bashed since their IPO. My prediction is that Netsuite is going to offer some sweet deal to customer's of Salesforce.com to get them to switch.

This is going to affect both stock prices. Netsuite might receive a short term gain but this stock is not worth playing with.

The goldmine is shorting CRM. This stock will be affected and might fall to $25 a share.

If this scenerio does not play out then the FreeCRMs are coming (i.e. SugarCRM an ipo later this year).

With the economy doing bad and in a recession and the field getting more crowded for CRM , I would say short this puppy now.

If you don't believe me check out SugarCRM.com's website. And look at the cost comparison between SugarCRM and Salesforce.com

Shorting Netsuite on a down day @ 31.90

This is what you call a bad day in the stock market. I haven't seen my stock watch list look this down in a long time. I have shorted Netsutie again, sorry couldn't resist. I got in at an uncomfortable position but there were not a lot of shares to short. I am betting it's going to go lower than 31.90. I don't have a lot invested in it , like before but before I made $1000 in three days.

New Rule

Once I have had fun with a stock, I can't re-enter it until the next day.

Just had to share. I wanted to so badly short Netsuite again. I think I have made enough selling it short at 39.20 and buying it to cover at 35.59. Hey that was better than a 10% gain in a couple of days..

Okay back to work

Out of Netsuite at $35.59

Thought I would let you all know. May watch it tomorrow and short it again if it keeps falling. Hefty profit for three days.

Hope You Shorted Netsuite @ 39.20

Wow look at this chart. I shorted this and it seems to not have stopped falling. Good guess.

Portfolio's Successfully Recession Proofed

The stock market fell 200 points yesterday but both portfolio's were up one 2% the other 10%. These stock are on the left hand side of this blog. Check them out. Lots of oil and technology. Shorting Netsuite a company that competes against Salesforce.com because its up 200% since its initial public offering with no clients (12,000) - basically its up on emotional buying. This puppy dropped 6% yesterday. Lets hope it goes back down to $24 - its original valuation. I will be watching it very closely.

Shorting Netsuite @ 39.20

Holding shorting! Well I have found a very over inflated stock that may fall to the high teens in a week or two. Its called Netsuite. Ticker symbol is (N).

Buying into the Digital Photo Frame Craze

One of my portfolio's has been doing incredible. I moved everything out of Apple +134% in one year. I diverted some of my funds to Netsuite (ticker symbol: N) - a company that the ex-head of Oracle started to compete with Salesforce.com and half into DPDW ( a penny stock with the ticker symbol DPDW or DPDW.OB ). I bought into DPDW at .74 and its 1.01 now!

I heard a rumor abour at 39 million dollar deal Netsuite may be getting - this could send the stock through the roof. Don't ask me how I heard it. I am highly recommend this stock with an exit point at $60 a share.