Anyone want to wager on IBM making this mark?
https://www.marketwatch.com/story/ibm-said-to-need-nearly-pristine-earnings-report-to-protect-its-stock-79526266
5 replies (most recent on top)
How much would selling Quantum help this quarter? This year? Forward?
Or is it Arvind's "Golden Ring" playtoy?
At $100 - I would load up. Don’t think it will go that far, but they have some serious issues as a company. How sad it is to watch them slowly wither away.
Ahhh Mr down vote is back Very mature and informative Wa-ker
The odds of IBM stock going under 100 are very slim as that would result in a 6.6% interest rate and their financial analysts would adjust the go to market strategy. IBM is the king of financial maneuvering. If IBM is headed for a poor quarter, expect IBM to muddy the water with more restructuring news. They did this in 2013/2014 when Ginni was early in her career as CEO and had to show the street she was doing “something” They have already floated selling weather. There are other pieces of IBM that have value and could easily be spun off for a quick buck. The recent RA’s in NA are a way to muddy the water and if they are accounted for in 1st q earnings, they will show where IBM is heading.
Stock is going under 100. 👋