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International Business Machines Corporation Message Board

  • mr_dinky_dot_bomb mr_dinky_dot_bomb Jun 25, 2013 11:01 AM Flag

    IBM Short Ratio of 4.6

    IBM just passed VZ as 5th or 6th most shorted DOW stock.

    That's about 19 mil shares which is about 1.8% - 1.9% total shares short.

    The report due about July 20 will probably shake out the shorts either way.

    And probably establish a range either in the $180 - $200 or $200 - $220.

    Given Q1 it may be a year that IBM struggles to hit the bogy.

    It may also a year when IBM buys back more like $12 bil of stock rather than the $15 bil of gross buybacks last year due to acquisitions.

    I'd be happy to see IBM at $200 at YE. We may see some revenue and margin pressure from the transition to cloud.

    I added a little VZ yesterday. The transition to cloud will benefit VZ & T.

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