update on my IBM short...should i hold or sell for small profit here
No no, short some more:
If you shop around, you'll see that one IBM share cost about $90, while HP, another techostock cost only $28.
If I had to choose between buying a share on discount at $28 and another one that has been marked-up by retailers, sorry I mean the stockbonkers, I would definitively buy the first one and fit a short to the second one.
I have con accross another techostock though, that is cheaper: Intel. You can get them for only $12. Some guys on blogs call it a halfconductor stock, not sure why, must be for the half-wits