Ibm (ibm) Back On A Growth Path?

Discussion in 'Investment Charts' started by Chartman, Oct 18, 2017.

  1. Chartman

    Chartman Senior Investor

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  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I had a small position I'd bought a while back at ~ $138 that I sold today at $160.
     
  3. craigferg501

    craigferg501 New Member

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    Seems though it's on that path. Some positive signs as it just missed by a tad in achieving revenue growth. The number... http://alph.st/be38d9cf
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    Even a bounce to the recent high of $180 would be a decent return - has IBM really turned the corner after years of neglect and under performance?
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    Looks like the old giant is ready to roar?
     
  6. gowiththeflow

    gowiththeflow Senior Investor

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    Pop - and the rally is over for now! I don't think this is the end of the story ;)
     
  7. Chartman

    Chartman Senior Investor

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    I think this is just stale bulls from over the years selling out - it will come again.
     
  8. longtermbull

    longtermbull Administrator Staff Member

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    I agree - there are lots of stale bulls out there who see the short term rally as a chance to get out and use their funds better elsewhere. Personally I think this is the wrong strategy but we shall see :)
     
  9. gowiththeflow

    gowiththeflow Senior Investor

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    Hovering above the support line - important next few days!
     
  10. longtermbull

    longtermbull Administrator Staff Member

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    I think things are starting to turn for IBM - a definite buy on any setbacks in my book. Buy in small pockets and tuck them away.
     
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