We’ve made no secret about our bearishness on certain cloud stocks. Over the past several months, we’ve featured Callidus (CALD), Netsuite (N), Salesforce (CRM), and Tangoe (TNGO) in the Danger Zone.

Chuck Jaffe of Money Life interviews David Trainer on why the cloud computing company, Callidus Software, is in the Danger Zone. (7:55)

Cloud software provider Callidus is a classic story of a bad company riding the coattail of the popularity of cloud computing and SaaS companies. SaaS stocks surged in 2013, and CALD followed the trend, gaining 166% over the past year. But it's in the danger zone...

Today I deleted Callidus Software (CALD) from the Barchart Van Meerten New High portfolio for negative price momentum.