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Philip Morris International, Inc. Message Board

  • notsoobviousman2 notsoobviousman2 Oct 16, 2013 7:25 AM Flag

    Buffett on IBM

    Buffett was on CNBC and said that he is buying IBM..some shares. He also spoke to the IBM's president Ms. Rometty; in that discussion he said that something special will occur relative to the stock price ....I believe the stock will reverse trend and increase. I plan to add to my position. Long IBM

    Sentiment: Strong Buy

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    • Bought more in after hours trading-IBM--$175.10/sh

      This purchase increased my stake in this account to 5% from 2% with more to follow in another account on Friday because I'm short the Oct 180 put options. Note- this account is up over 30% again this year due to my 50% position in Berkshire.

      Buy "LO" and sell call options high is my motto and IBM is certainly "LO".

    • IBM.HP.MSFT Dinosaurs in technology. I won't touch any. Speacking of touch Buffett is in his 80's. Is he still in touch? Losses come from riding a train 2 stops after you should have gotten off..

96.51-0.40(-0.41%)2:11 PMEDT