04-19-2016, 09:39 AM
It wasn't good, but it wasn't bad either. IBM needs to be seen as a long term play. With a P/E of ~10 and a solid plan behind them, there's only only one way to go.
Even with the 5% drop today, I'm still 5% positive, which means that the stock was probably too expensive. I bet it'll be up again tomorrow, typical case of buying the rumors and selling the news.
Even with the 5% drop today, I'm still 5% positive, which means that the stock was probably too expensive. I bet it'll be up again tomorrow, typical case of buying the rumors and selling the news.