21 Comments
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Gregory Mannarino's avatar

Lions.. just a heads up on IBM. I know firsthand that at least one hedge fund is buying IBM.

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BB King's avatar

Wow you know first hand that a hedge fund is buying a large cap S&P stock? WOW insightful stuff

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chris kennedy's avatar

i like your back bone Greg one of the strongest ive ever seen - TY

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Tjamc's avatar

Thanks Greg!

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Sue's avatar

Thanks for the update! 😄

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WBIG.Tv's avatar

Added to.

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Micheal Bennett, PhD.'s avatar

So you're comfortable with IBM having a long term debt to equity ratio of 256% and a payout ratio of 120%? Interesting. I guess it's just the way it goes with "risk on" assets.

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Ferg ferguson's avatar

Why?..it’s going lower tomorrow

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Paula's avatar

Thanks Greg.

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chris kennedy's avatar

i guess those that criticize others picks when the whole sector goes down don't really understand how the market works

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chris kennedy's avatar

its called systemic risk and its what speculators assume when they buy equities (like the banks for example) - we don't cry when they go down, we laugh and add to core pos.

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chris kennedy's avatar

and hedge too

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daniel israel's avatar

IBM: The poster child of Warren Buffett. Never fathomed why he dump such a dividend stock!

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chris kennedy's avatar

love it - nobody works harder than you!

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chris kennedy's avatar

i thought about what Greg has been saying and then i looked within and figured oil is both a defensive and growth play (love that) - still like the banks cause i get paid quarterly while i wait it out so figured i'd dollar down on them (my core holding of CFG) - peace out

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BB King's avatar

Yes I'm sure you're loving the banks after they've fallen 25%. That quarterly dividend really makes up for those losses!

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chris kennedy's avatar

you singing the blues BB?

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Heniek's avatar

Interesting. Surprising. How did you decide?

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chris kennedy's avatar

nice (really like price action on dvn)

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chris kennedy's avatar

i like JBL too

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