Oct 18, 2010

Sell or hold?

Today IBM announces 3rd quarter earnings after hours.   The stock has been building up all year to its current price of almost $143/share.   This is a picture of a chart showing performance over last 30 years.  That’s as far back as eTrade goes.  Current price is all-time high.

Hmmmm.   I wish my crystal ball wasn’t broken.

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