Stock版 - IBM Q3 Beat: Stock Will Rebound When Sanity Prevails, Says Annex |
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d******8
发帖数: 1972 | 1 International Business Machines (IBM) shares are down $6.94, or almost 4%,
at $179.65 despite the company beating Q3 EPS estimates and raising its year
outlook.
What’s the problem?
Former IBM’er and Annex Research director Bob Djurdjevic writes in a brief
note that it is the predictable “sell on the news” behavior of Wall Street
this afternoon.
IBM’s results are “solid as a rock,” he writes. But speculators “had
hyped up the stock to a new all-time high ($190.53) on Friday in advance of
today’s earnings release,” he writes. As a consequence, “Wall Street
could not be bothered with facts. It had already made up its mind to sell
no matter what Big Blue did.”
Djurdjevic predicts, “IBM shares are bound to bounce back when common sense
and reason replace the speculators’ fever and cooler heads prevail. “ | s**********n
发帖数: 2343 | 2 5:43 pm October 17, 2011
ibmsx wrote:
IBM relied on three factors to artificially pump up its stock:
1. Got fund from governments. Now governments are cutting budget. 2.
Favorable FX. Now USD is up. 3. Buy its own stock no matter there is value
or not.
Its revenue growth has never been good. It will be caught swimming naked.
year
brief
Street
of
【在 d******8 的大作中提到】
: International Business Machines (IBM) shares are down $6.94, or almost 4%,
: at $179.65 despite the company beating Q3 EPS estimates and raising its year
: outlook.
: What’s the problem?
: Former IBM’er and Annex Research director Bob Djurdjevic writes in a brief
: note that it is the predictable “sell on the news” behavior of Wall Street
: this afternoon.
: IBM’s results are “solid as a rock,” he writes. But speculators “had
: hyped up the stock to a new all-time high ($190.53) on Friday in advance of
: today’s earnings release,” he writes. As a consequence, “Wall Street
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