Jim Cramer is an id--t… just look him up on CNBC. IBM is dead money.
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IBM Stock: Jim Cramer's Bull Thesis --
https://www.thestreet.com/jim-cramer/ibm-stock-jim-cramer-bull-thesis
Sold all my IBM stock and put it into Amazon, Microsoft and Apple….made a ki----g!!!
I bot puts.
I am waiting for my RSUs to vest… as soon as they vest, I sell them all to buy more Apple stock. The IBM stock is not going anywhere, if you think it does you are fooling yourself.
Those of us who have visibility to the reality of the internal train wreck at IBM are NOT bullish on IBM stock. My advice is to sell into any rally while you can. Disclaimer: I have NO short or long IBM stock positions ... sold all of my shares a LONG time ago.