Maybe dip again below $200 tomorrow, but overall not bad considering the miss. Normally IBM gets pounded worse than this, sometimes even when they beat. I think postive guidance is the big key here to keep this baby above $200.
Just.wait until Monday. My guess is at least 170's before its done next week and it takes a break from the free fall.
Sentiment: Strong Sell
Their guidance was bad. IBM has a history of underperforming once they miss and stock goes down after hours. It will be at 185-190 level by next week . You are basically out of luck until next quarter
The real action begins tomorrow morning........not going to hold up well.
Ay Ay Captain....enjoy the rest of your voyage on the Titanic...