(02-25-2021, 10:25 AM)fenders53 Wrote:

(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?

I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts. 

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(04-28-2021, 09:16 AM)kblake Wrote: Bought some IBM. This is a name I like. For years has been dead and now has legs.

(04-28-2021, 09:20 AM)fenders53 Wrote:

(04-28-2021, 09:16 AM)kblake Wrote: Bought some IBM. This is a name I like. For years has been dead and now has legs.

Good luck with that.  The no growth financials say this dog is dead for a reason.  Make it a short term trade if it goes your way.

(04-28-2021, 09:33 AM)kblake Wrote:

(04-28-2021, 09:20 AM)fenders53 Wrote:

(04-28-2021, 09:16 AM)kblake Wrote: Bought some IBM. This is a name I like. For years has been dead and now has legs.

Good luck with that.  The no growth financials say this dog is dead for a reason.  Make it a short term trade if it goes your way.

Your dead wrong on that comment. I can see stock hitting $200 again. And the dividend is 3x the normal S&P stock. That's a good name to be in going forward. They will continue to grow their cloud business and I think and acquisition or 2 are in the cards. They just had  there first quarter of growth in some time. IBM's total cloud revenue rose 21% year-over-year to $6.5 billion, or 37% of its top line, during the quarter. Its revenue from Red Hat also increased 17%. So give me IBM over most over valued tech stocks and will buy this all day long. The market at some point will get the valuation right and slam the names who are way over valued. 

In the meantime I will add to names like ABBV, CVX, PM, MO, CVS, LMT and IBM. You can have your TTCF of the world 

(04-28-2021, 09:33 AM)kblake Wrote:

(04-28-2021, 09:20 AM)fenders53 Wrote:

(04-28-2021, 09:16 AM)kblake Wrote: Bought some IBM. This is a name I like. For years has been dead and now has legs.

Good luck with that.  The no growth financials say this dog is dead for a reason.  Make it a short term trade if it goes your way.

Your dead wrong on that comment. I can see stock hitting $200 again. And the dividend is 3x the normal S&P stock. That's a good name to be in going forward. They will continue to grow their cloud business and I think and acquisition or 2 are in the cards. They just had  there first quarter of growth in some time. IBM's total cloud revenue rose 21% year-over-year to $6.5 billion, or 37% of its top line, during the quarter. Its revenue from Red Hat also increased 17%. So give me IBM over most over valued tech stocks and will buy this all day long. The market at some point will get the valuation right and slam the names who are way over valued. 

In the meantime I will add to names like ABBV, CVX, PM, MO, CVS, LMT and IBM. You can have your TTCF of the world 

(04-28-2021, 10:54 AM)fenders53 Wrote: IBM 5yr revenue growth is negative and so is the share price in a strong bull market.  This week's sub 1% div raise is encouraging though.  I am not buying $143 shares.   If you bought the low weeks ago then a decent short term trade.  Pretty sure I didn't read about that here.

Doesn't matter what the 5 year growth was. It's what the future growth is. I don't care what they made 3-5 years ago and the stock price did. That means nothing 

(02-25-2021, 10:25 AM)fenders53 Wrote:

(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?

I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts. 

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(04-28-2021, 12:34 PM)fenders53 Wrote: It's hard to be huge legacy tech.  CSCO and INTC struggled through it a very long time and if took several CEOs.  IBM probably needs to spin off some businesses but I understand they try to bring a total solution to their customers.  I guess we'll see who survives the next down cycle.