IBM beats the estimate; stock surges

Discussion in 'Stocks' started by stock_trad3r, Oct 8, 2008.

  1. IBM crushes the estimate and is up 6% in AH

    This is further proof that this fake financial crisis only affects A FEW sectors.

    Large cap tech, energy, commodities, multinational are unaffected.
     
  2. telozo

    telozo

    More like even for the day.
     
  3. The boo hoo hoo doom and gloom media is talking up a crisis but the numbers speak otherwise.
     
  4. The economy is fundamentally sound.

    - John McCain
    Sept. 08
     
  5. "This is further proof that this fake financial crisis only affects A FEW sectors.

    Large cap tech, energy, commodities, multinational are unaffected."




    You are the most delusional person I could ever have imagined.

    You're a mythic personality straight out of a Quentin Tarantino film. Or maybe Fellini.
     
  6. I'd go with Ginger and Fred. ;)
     
  7. ...that you'd be getting a lot further along in life if you spent a lot less time talking and a lot more time listening.
     
  8. aresky

    aresky

    Some Hedge funds need to sell: that's why the stock markets were collapsing, and some investment banks supported by Paulson :D and Bernanke want to buy stocks at very cheap prices. Don't be fooled

    IBM preannounces 3Q results; beats estimates

    IBM maintained its forecast of at least $8.75 per share in profit in 2008, a 22 percent improvement over last year.

    http://money.cnn.com/2008/10/08/technology/ibm.ap/?postversion=2008100819





    Oct. 8 (Bloomberg)``It's capitulation,'' said Masafumi Oshiden, a Tokyo-based fund manager at BlackRock Inc., which oversees more than $1.4 trillion. ``There are lots of forced sellers. If you're a fund that's going bust you need to close out all your positions.''

    http://www.bloomberg.com/apps/news?pid=20602063&refer=movers_by_index&sid=aFFX4cYQ.frs
     
  9. zdreg

    zdreg

    and gm what's good for gm is good for the country"