My prediction on IBM and TXN after earnings

Quote from atticus:

24, 124. You and S2007 are the fades of the Century. Whatever you charge, it's not enough.


Never said to go long either IBM or TXN.

I am bearish on this entire market and have been for years.
 
Quote from S2007S:

Never said to go long either IBM or TXN.

I am bearish on this entire market and have been for years.

My apologies. I meant to include crgarcia.
 
Quote from Shhhhh:

Quote from hajimow:

AH today, TXN will hit $26 and IBM will also hit $132. They will have their history record sales. Time to buy them now for a quick 5% profit./QUOTE]

Well you got the 5% right, unfortunately wrong direction... and that's the one that counts

Bought TXN at 24.78 on Friday. Sold at 25.20 today. Bought 24.95 AH and sold 25.15 and then bought at 24.90 which dropped hard. I did not trade IBM but still hold on my TXN. I was surprised by the price action but that is market who will correct itself on TXN and not me. I will be long and strong. No adding to my position and no selling. Just holding to make a profit. With this attitude, I am up 26% only on July. IMO, TXN result was fabulous.Great next Q guidance.
 
Quote from hajimow:

Bought TXN at 24.78 on Friday. Sold at 25.20 today. Bought 24.95 AH and sold 25.15 and then bought at 24.90 which dropped hard. I did not trade IBM but still hold on my TXN. I was surprised by the price action but that is market who will correct itself on TXN and not me. I will be long and strong. No adding to my position and no selling. Just holding to make a profit. With this attitude, I am up 26% only on July. IMO, TXN result was fabulous.Great next Q guidance.


But what I don't understand is how this went against you? Your predictions were so "clear". You even critiqued my post because the analyst was so unclear. What happened?
 
Quote from david666:

But what I don't understand is how this went against you? Your predictions were so "clear". You even critiqued my post because the analyst was so unclear. What happened?

Let me make it clear. I make a bold and clear prediction and I followed it myself. I did not trade on IBM but I am constantly trading on TXN and I am making money. If my prediction goes wrong (as it did), everyone can see it. I don't make vabue predtions. The analysts has no clue where AAPL will go pricewise. He says long term it will go up so if it drops to 120 next week and then in 2020 it goes to $400, he was right. If it does not drop and it goes straight up, he was right again, if it drops and stays there, he was right again because he said there will be better entry points.
 
Actually I have no shame !!. I still believe market made a mistake on TXN and it will go up. Another good company that will have very good result today is LLTC that will drive TXN and ADI up. IBM result was average but their outlook was not impressive (not good.
 
Today I sold my shares with a huge profit. Today is the sell day. Market will tumble again for one reason or the other.
Now who is the MAN? :D
 
Quote from hajimow:

Today I sold my shares with a huge profit. Today is the sell day. Market will tumble again for one reason or the other.
Now who is the MAN? :D

$0.70 is huge?
 
Quote from atticus:

$0.70 is huge?

Buying back naked Puts and Selling Calls on 25 strike price (risk reversal) which gave me 300% gain is huge. Yes 8700 shares with 0.7 gain while most of the investors are losing money is huge. My July gain is 51%. Dare to compare ?
 
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