IBM Stock

Orlandocb

Well-Known Member
Since this whole section is dead im hearing from various online resources that IBM stock is undervalued about $50. what gives fellow tokers?
 

~CReePeR~

Well-Known Member
Buy Gold And Silver (Steel and Lead), The Stock market is going to collapse. It is at record highs because the Fed keeps printing (Counterfeit) currency.
[h=2]Deutsche bank has been manipulating gold and silver prices so people would dump them.[/h]
 

heckler73

Well-Known Member
It has a PE of 12.8 (as of writing). That is "low" relative to DOW averages.
They are engaged in acquisition (asset increase) and just got a federal contract (cash flow).

Yah... if I had that kind of liquidity available, I'd buy it, but watch for resistance/support at $185 (i.e. be ready with some options contracts to protect it).
Tech is currently underrated, overall. Probably because people in general are just not paying attention to all the things happening in "science" right now, so it flies under the radar of money shufflers.

EDIT: Here's what the chart looks like to me. The fact it has broken out of the "cloud" is a good sign.
http://stockcharts.com/h-sc/ui?s=IBM&p=D&b=4&g=0&id=p36648002994
 
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