I opened $Adobe(ADBE)$ ,Massiv

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Kok
03-15

I opened $Adobe(ADBE)$ ,Massive plunge by Adobe today after earnings. Best on earnings and revenue but plunged after revenue guidance was lower than expected. Smart move by the company. They are starting a new stock buyback program. By guiding lower, they can temporarily push stock price lower so they can buy back at a cheaper price. This dip is a great buying opportunity in my eyes.

ADBE

03-15 21:30

USAdobe

Side	Price	Realized P&L
Buy Open	494.81	+2.05% Holding

Adobe

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Sonsonkok
·03-17
Great article, would you like to share it?
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KSR
·03-16
👍
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assassinyj
·03-16
Ok
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Tom Chow
·03-16
good
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