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We go long IBM if we break the balance.
International Business Machines Corporation
Long
We go long IBM if we break the balance.
By BabushkaTrader
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Nov 10, 2014
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Nov 10, 2014
IBM looks oversold and is forming a balance. Bad news yielded a large gap and I believe we have a potential of closing it.
The stock is one of Warren Buffets darlings which he acquired in the 170s range several years ago.
It is a very large position in his portfolio so would look to Berkshire adding as well as other value investors.
BabushkaTrader
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