If shareholders were not so greedy they would question how a megacap long term tech company's stock chart could look like a junior startup . However to show the level of overvaluation that IBM has reached, compare a price to book of 9.8 with this chart which shows that the average PB ratio after reaching a high of 5 in 2000 has now fallen to 2 . That means that when the hype has fallen out of this stock it has the potential of a fall of at least 75% in price or sub $50 . http://www.vectorgrader.com/indicators/price-book.html
I guess it doesn't occur to you that I might be trying to save people like you from losing a lot of money by holding on to an extreemely overpriced stock , Did you take a look at the links I posted and if so what is your response to the fact that IBM's value is 5 times as much as HPQ for example yet HPQ has slightly better growth and has 20% more revenue .If your answer is its in the cloud then I can assure that with my 40 yrs experience in technology including 21 yrs at IBM that it is the biggest load of hype ever and there is no profit in that business .