IBM This WEEK

Originally posted by nitro
Just read this article:

http://biz.yahoo.com/bizwk/020515/pi200205159273_1.html

LOL, T/A is sure like reading tea leaves, depending on your point of view. (Note the part about the H/S on the SP part)

nitro
More...

Is he still around?

From the article noted above, Joe said:

"You've heard of a stock called Enron. When that stock was $95 a share, you should have had a stop loss under it at $86. You would have been out of Enron at $86. Wall Street committed the crime of the century. They let people ride Enron all the way down to 24 cents a share, and never apologized for not having a stock loss under it. "

I thought it was the individuals responsibility to place stop loss orders, not wall street.

I followed Joe in the 70s. He is brilliant, but sometimes his mouth works while his brain is disengaged.:)

Ed
 
FasterPussy:
- I assume it's foolish of me to respond to you cause we'll never see eye to eye on almost anything in trading, and you can't seem to prove the ability to be profitable anyway. I did get 9k more thv at .8-.84. I've been on the bid for a bit at .76. I sense your sarcasm on the issue of thv. Lets make a gentleman's bet. Right now. Short me some. You can choose how much. We'll do it on island at today's close of .8. Put some real money where your mouth is. It's stupid to berrate my stock picks if you refuse to take the other side of one of my trades.
 
Unlike Yahoo or Enron, it seems to me that companies like Microsoft and IBM manufacture products, have dominating marketshare positions, have tremendous technical resources on hand, and possess enormous brand recognition. If someone really believes that IBM is a $20 stock, that is sheer lunacy. Of course, I'm a big dumb bond trader and know squat about stocks.
 
...Of course, I'm a big dumb bond trader and know squat about stocks. ...
More...
OK, so how are the IBM bonds doing? Insana claims that IBM has an uncanny ability to sell them when yields are going higher...

nitro
 
Originally posted by praetorian2
FasterPussy:
- I assume it's foolish of me to respond to you cause we'll never see eye to eye on almost anything in trading, and you can't seem to prove the ability to be profitable anyway. I did get 9k more thv at .8-.84. I've been on the bid for a bit at .76. I sense your sarcasm on the issue of thv. Lets make a gentleman's bet. Right now. Short me some. You can choose how much. We'll do it on island at today's close of .8. Put some real money where your mouth is. It's stupid to berrate my stock picks if you refuse to take the other side of one of my trades.
More...

OK Pussy, your move. Take the other side of the trade or shut up.
 
You must log in or register to reply here.
Back
Top