Have orders in to buy more.
Purchase was made in IRA #2. They'll soon raise their dividend which should give me a 2% return which is about what you'd earn buying a 10 year treasury.
I'd wager that in ten years I'll be earning over 5% on my money via this investment.
Bought more in IRA #3 at $187.87/sh making up 2.2% of the assets in this account.
This account is currently 49% cash.
Also had some DECK called away at 52.5 per share for a huge gain.
In other news-I'm looking to sell bonds in Grandma's account so she may also increase her IBM holdings because she needs more income which the dividend would provide.
Bought more in two of my IRAs paying about 190.3 per share.
More to come on Monday because cash again will be available due to experation of options today.
I believe you made a good move - can't believe it is killed hit this hard. I in picked up 2000
shares of GE - earnings report appeared better then IBM. Good luck.