Another big red will come tomorrow.
4th quarter panic has already started internally. Big Blue demanding all employees to work 115%... no excuses or you will be fired. IBM is canceling Thanksgiving (US employees) and Xmas (WW employees) this year.
"IBM is canceling Thanksgiving (US employees) and Xmas (WW employees) this year."
I wonder if Big Blue checked with the Turkey and Jesus for a prior approval?
let me guess, you or a loved one has had a negative relationship with IBM at some point?
IBM is in black friday sale, stock will end at $182
ready for next week's action in RED
i have to agree, the run is not there at all,, it has resistence big time and selling on a big up day is bad
its called "profit taking". A lot of buyers at 180. They're simply taking money off the table.