IBM

Discussion in 'Stocks' started by Buy1Sell2, Mar 9, 2017.

  1. Buy1Sell2

    Buy1Sell2

    I would think that we are still in a downtrend. However, I believe there is a buy here as we are deeply oversold on a long term basis.
     
    #11     Jan 15, 2018
  2. ironchef

    ironchef

    There are fundamental differences between GE and IBM:

    IBM has always been cash flow positive, the only problem is their traditional businesses are shrinking so unless they find something to grow, their revenue will keep going down. I think they found tractions in cloud, blockchain and AI but it takes time to develop.

    GE has been cash flow negative for a long time and resorts to selling assets to fund capex, dividends and stock buyback.... Perhaps you have a better assessment?

    Thanks.
     
    #12     Jan 15, 2018
  3. Buy1Sell2

    Buy1Sell2

    No. that's it. It's a long term buy here. 18.76
     
    Last edited: Jan 15, 2018
    #13     Jan 15, 2018
  4. Overnight

    Overnight

    Darn, wish I traded stocks.
     
    #14     Jan 15, 2018
  5. vanzandt

    vanzandt

    They report tonight. Just a heads up.
     
    #15     Jan 18, 2018
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  6. ironchef

    ironchef

    Looks like a :thumbsdown:
     
    #16     Jan 18, 2018
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  7. ironchef

    ironchef

    $16.77 today.
     
    #17     Jan 18, 2018
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  8. Buy1Sell2

    Buy1Sell2

    Yes. It's a long term buy and hold. It's one where you would only be committing 2 percent or less of Total Liquid Net Worth to the position. Certainly not a trading vehicle. I stand by my assertion that a buy in the upper 18's would be ok. Risk management is all we have in this business. Note---I do not own GE
     
    Last edited: Jan 18, 2018
    #18     Jan 18, 2018
  9. Overnight

    Overnight

    Don't worry. When IBM finally comes out with flying cars, it will shoot to the moon where flying cars will go. Go long (no, not really. I have no idea. All I know of IBM these days apart from their Desktar HDs (which were good but then sucked) is the Lenovo acquisition thing. Bleh.)

     
    #19     Jan 18, 2018
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  10. Buy1Sell2

    Buy1Sell2

    It's just not a tradeable thing. It's long term buy and hold with small position. ---If we were in an uptrend, position could be made larger with stop outs.
     
    #20     Jan 18, 2018