Ibm

See whats happening now. No interest up over 100. It was an artificial run consisting of odd lots and then right when it got up there, they might have stuck some blocks up in the 100s so everyone could go "oh gosh, a block went off at 100". At least, now the analysts can say that it got to 100 and then we'll hear it on CNBC "new intraday high for IBM" so it gets more billing.

Now this is manipulation, shame shame.
 
They are trying to make 100 dollars the new floor. Right now its the ceiling.

Except for that 1 block that went off over 100, every other order seemed pretty small. Im wondering if anyone reading this was a specialist at one time, do they really pull these types of tricks?

I dont know because Im not there, but I do strongly suspect.
 
I've been looking at these charts and quotes for a very long time. I can read it like music. They push it up there to make a headline and gain attention. Now everyone's eyes are wide open and they see the analysts ratings. Everyone wants to get a piece of this old tech name.

The truth is that IBM is a dinosaur. It is not a growing company. There are many competing companies that move faster and do a better job then IBM. It deserves to be traded at a much lower P/E.

Watch when things pick up, then it will sell right off in a good old waterfall.
 
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