IBM Stocks Might Fall Further

Discussion in 'Stock Market Forum' started by Rainman, Oct 21, 2015.

  1. Rainman

    Rainman Senior Investor

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    Obviously not the best year for tech companies. After their earnings reports indicated shrinking revenue growth, IBMs stock fell by 5% and it is expected to slide down further. For 13 quarters IBMs revenue has been falling steadily and apparently investors are starting to lose faith in the company. The company however has been buying back their shares because they believe IBM stock will bounce back up.

    What's the best course of action? Hold or sell before the stock prices fall any further?
     
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I was short this one for quite a while not long ago. Made some good money riding this one down. Wish I'd stayed short a little longer.
     

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