Thread regarding IBM layoffs

This article has a simple message: "you should buy low and sell high". Brilliant!

Then

things

go

downhill

fast...

IBM stock has been higher - although the author does not know why. IBM stock is near nine year lows - yet the author can't say why. He suggests now is a good time to buy mainly because Ginny is overpaid while a couple of new board members are underpaid. Huh?

He is right when he says IBM has suffered through some bad managers. He doesn't know that the managers are worse than ever.

He says that investors must accept some of the blame because they are "throwing in the towel". Given what many of us have seen, these investors are the smart ones.

Who will you bet on next?