Salesforce (NYSE:CRM)

Marginally unprofitable, and company plan is to stay that way. Management not taking care of GAAP earnings.

making money one bit at a time ...by shorting this overpriced stock

Way overpriced....Won't outperform Bull Markets anymore...

They sell expensive software that will become commoditized.

This is a very expensive stock for the earnings, or should I say losses. I think the share price jumped the gun by 3 years, assuming they can even get it into high gear. I shorted at $159.00 and have ridden out a few bumps but am expecting a correction in price.

20 Billion market cap for an unproven company in a very competitive space.

I'm just not feeling Salesforce as a heavy hitter in the cloud arena, many smaller, more nimble companys that specialize will go farther faster at the expense of CRM. I don't like it.

Still bleeding money, all storyline - no substance.

the company lost money in the last quarter, and therefore it doesn't have a P/E ratio

Competition will crush them

Ridiculously high P/E. Their product is an unremarkable commodity with a plethora of competitors. They will never be very profitable. I would short it.

baron's article thinking the valuation is really high.

Not the only cloud.

This stock will outperform as the duration of CRM's revenue growth in the 20%+ range exceeds expectations, coupled with meaningful operating leverage over time.

Largest player which can potentially be taken over by an Oracle or IBM

Cloud computing on rise.

Salesforce might have great software, but the stock is priced for perfection. I question the width of their mote -- Can they fight off competition from Microsoft, SAP and others? I admit it might take a couple of years for the competition to catch up, but in the meantime, CRM does not seem to be cashing in all that well.

I suspect that two years from now, this will not be the darling of Wall Street that it is today. It will be just another software company -- with a down-to-earth multiple.

No company deserves a P/E as high as CRM currently has, I don't care what kind of potential there is for growth. If I'm wrong on this one then so be it. Fundamentally, I refuse to believe that this can last.

1. Heavy Insider selling and "funny money" being paid out as stock bonuses. A drop below $85-$80 range may trigger a mass sell-off and bring this stock back to reality.

2. Increased competition may put pressure on this stock to fall to that $85-$80 level. Once that level is reached, the sell-off could really take off.

3. George Soros identifies stocks of this nature to have a "reflexive" relationship.