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International Business Machines Corporation Message Board

  • blackcombgrouse blackcombgrouse Jan 29, 2013 1:03 PM Flag

    The GAP is going to close

    The ridiculous gap that happened last tuesday is going to close and very soon .
    When the hedge funds start shorting this stock they are going to make a lot of money .
    Target $130 and that is just the start .
    PE 14,20 . earnings growth 6.6% sales growth minus 0.5%
    Real earnings growth is negative but offset by cost cutting as they transfer most employment to India .
    Result an Indian company purporting to be American .
    What kind of PE should that be given ?
    how about 7,5 ? stock price ?$107 until their earnings reflect the lower quality product then even lkower .

 
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