IBM

Buy1Sell2 · Jan 15, 2018

ironchef said:
Yes.

What about GE?

I would think that we are still in a downtrend. However, I believe there is a buy here as we are deeply oversold on a long term basis.

ironchef · Jan 15, 2018

Buy1Sell2 said:
I would think that we are still in a downtrend. However, I believe there is a buy here as we are deeply oversold on a long term basis.

There are fundamental differences between GE and IBM:

IBM has always been cash flow positive, the only problem is their traditional businesses are shrinking so unless they find something to grow, their revenue will keep going down. I think they found tractions in cloud, blockchain and AI but it takes time to develop.

GE has been cash flow negative for a long time and resorts to selling assets to fund capex, dividends and stock buyback.... Perhaps you have a better assessment?

Thanks.

Buy1Sell2 · Jan 15, 2018

ironchef said:
There are fundamental differences between GE and IBM:

IBM has always been cash flow positive, the only problem is their traditional businesses are shrinking so unless they find something to grow, their revenue will keep going down. I think they found tractions in cloud, blockchain and AI but it takes time to develop.

GE has been cash flow negative for a long time and resorts to selling assets to fund capex, dividends and stock buyback.... Perhaps you have a better assessment?

Thanks.

No. that's it. It's a long term buy here. 18.76

Overnight · Jan 15, 2018

Buy1Sell2 said:
No. that's it. It's a long term buy here. 18.76

Darn, wish I traded stocks.

vanzandt · Jan 18, 2018

Buy1Sell2 said:
Clearly in a long term uptrend. I'll be buying proper pullbacks. --(we're in the middle of a pullback now but it's not proper yet).

They report tonight. Just a heads up.

ironchef · Jan 18, 2018

vanzandt said:
They report tonight. Just a heads up.

Looks like a

ironchef · Jan 18, 2018

Buy1Sell2 said:
No. that's it. It's a long term buy here. 18.76

$16.77 today.

Buy1Sell2 · Jan 18, 2018

ironchef said:
$16.77 today.

Yes. It's a long term buy and hold. It's one where you would only be committing 2 percent or less of Total Liquid Net Worth to the position. Certainly not a trading vehicle. I stand by my assertion that a buy in the upper 18's would be ok. Risk management is all we have in this business. Note---I do not own GE

Overnight · Jan 18, 2018

Don't worry. When IBM finally comes out with flying cars, it will shoot to the moon where flying cars will go. Go long (no, not really. I have no idea. All I know of IBM these days apart from their Desktar HDs (which were good but then sucked) is the Lenovo acquisition thing. Bleh.)

Buy1Sell2 · Jan 18, 2018

Overnight said:
Don't worry. When IBM finally comes out with flying cars, it will shoot to the moon where flying cars will go. Go long (no, not really. I have no idea. All I know of IBM these days apart from their Desktar HDs (which were good but then sucked) is the Lenovo acquisition thing. Bleh.)

It's just not a tradeable thing. It's long term buy and hold with small position. ---If we were in an uptrend, position could be made larger with stop outs.