$IBM(IBM.US) stabilized at 211, down only 2.7% the day after its worst crash since 1987. the community is talking about it more than any other name right now. but i'm not buying the dip, the reason it crashed, clients yanking budgets to hoard memory and servers, is a rotation problem that doesn't fix in a day. it's a great read-through for memory bulls, not a buy signal for IBM itself. watching, not touching.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
