Quote from denner:
I'm not the world class douchebag who makes wild ass predictions about a stock "not being a short until 2015". But then again last time you were called out for your utter stupidity you threatened to sue the owner of the site and whined like a complete pussy about people "misquoting you" when your other calls crashed and burned.
btw, how's RIMM doing these days? LOL
Actually, you just seem to be a prick who is fearful of owning anything in equities at all times and can only see metals as a useful investment. Only someone of your stance would ever see a long term hold recommendation on IBM and laugh about it.
There is nothing "wild ass" about liking IBM as a hold over several years forward. Experienced investors will easily recognize how silly your comments are.
In the mid 1990s, this exact scenario existed. Everything metals had run up, everyone and his uncle liked metal plays, and IBM was doing well but the stock was considered fully valued by many.
The next few years, IBM continued to run up, eventually splitting. Everything in metals collapsed. This scenario you seem thoroughly convinced cannot repeat. I think otherwise. If I had to choose between IBM and Gold which has a higher likelihood of "crashing", I would pick Gold. I don't think either will "crash", but in the event that value comes off either, the descent for Gold will be much more fascinating and sudden then IBM could ever be.
And why do I think this ? Well, lets just say history is very instructive. Gold bugs are the most religious of all traders, and usually the last to realize when the rest of the market has abandoned the trade.
Fact is, IBM is not in a bubble. It makes real cash every quarter, has a very solid customer base and is growing. This fundamental value backstops the intrinsic value of the stock, and allows it to weather any dark clouds better then most. Gold, on the other hand, is highly speculative almost religious in nature. Huge bubble potential given that the only practical use of Gold is some jewelery sales in India.
That is the true irony of your posts, the way you characterize anyone long equities at any point as being risky, whereas your own recommendations are much more so. One trick ponies in trading run the risk of ruin in anything.