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Tag Archive | stock price

IBM Doesn’t Need To Lay Off 1,700; Just One Employee, Ginni Rometty.

by Anura Guruge


Click to ENLARGE. From ‘marketwatch.com’. Google for plenty more.


Click to ENLARGE.


Click to access my post from 2-years ago.


Click to access my post from 9-months ago.


This is so grossly sexist and hyper hypocritical. If she was a man, she would have been fired years ago.

She has proved, over the last 7-years, that she is a disaster. She has decimated IBM.

Laying off more and more workers is NOT the solution right now.

First priority is to get rid of the root cause of the troubles, Ginni Rometty. This is a no brainer.

This is pretty personal for I. I owe most of what in life to IBM. I am still very devoted to IBM. I hate to see IBM going down the drain because of one person’s total incompetence.


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by Anura Guruge

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IBM’s AI-Genius Watson Would Agree — Ginni ‘Tonic’ Rometty Needs To Be Fired.

by Anura Guruge


Click to ENLARGE.


Click to ENLARGE. Base chart from ‘MarketWatch’, of course.


Click to access my post from May 2017.


This is beyond crazy. She is bleeding this iconic company to death.

This not fair. It is stupid. This is political-correctness gone wrong.

IF she was a man she would have been fired 3-years ago.

Keep her on is crazy. Ask Watson.

I ‘speak’ here as a proud ex-IBMer, one who made a decent living for 30-years as an IBM ‘expert’ and one who has been accused, more than once, of ‘bleeding blue when cut‘ (‘Big Blue‘ being IBM’s nickname).

This has gone on for long enough. She has made a lot of people lose a lot of money.


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by Anura Guruge

“Dick’s Sporting Goods” Share Price Goes Up, For The Day, Post Gun Ban Announcement.

by Anura Guruge


Click to ENLARGE. Base chart from “MarketWatch.com” — where else?


I am glad that the market rewarded them for their bold move. That is good and shows that there are a lot of people, like I, who applaud their courage and civic duty.

But, we all know that there will be a backlash. I have already seen people reacting very negatively. Yes, there will be boycotts. I hope that there are no demonstrations or pickets. I would hate to see any employees getting harrassed.

Interesting times. I haven’t checked what the reaction has been to Walmart deciding to follow in Dick’s footsteps.


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by Anura Guruge

Negative Warnings On Amazon Finally Make A Difference; AMZN Ends At 3 Month Low.

by Anura Guruge


August 25, 2107 Front-Page story on ‘MarketWatch‘.

Click image to access original.


August 22, 2107 Front-Page story on ‘MarketWatch’.

LEAD story on ‘Marketwatch’ Tuesday, August 22, 2017. Click image to access original.


From ‘MarketWatch’, close of market, Friday, August 25, 2017. Click ENLARGE and study.


There was a sharp $15 drop on Thursday, August 24, 2017 but as the afternoon wore on buyers piled in and the loss was cut in half. [I just happened to luck out and do a decent option trade, around noon, when it was close to the low of the day. {Smile}].

On Friday it went down all day, albeit not dramatically — just drifted downwards slowly. But, it closes BELOW $950 at a 3-month low.

Yes, it could drift lower. $925 is realistic. But, I don’t think it will go much below that — BUT I could be wrong.


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by Anura Guruge

Day ‘MarketWatch’ Says Amazon Is Set To Drop Below 10% It Goes Up 1.43%

by Anura Guruge


LEAD story on ‘Marketwatch’ Tuesday, August 22, 2017. Click image to access original.


Amazon (AMZN) went up $13.61, i.e., 1.43% on that day, i.e., August 22, 2017. Data from ‘MarketWatch’. Click to ENLARGE and view here.


It was pretty AMAZING but I had a hunch that this would be case. Yes, AMZN at $953 was cheap after the recent sell-off.

However, I have to agree that AMZN will go down, quite a bit, before the year is out BEFORE coming STORMING back into the $1,150s! I am writing options even higher that that! {SMILE}

So be CAREFUL. We will see $940, if not lower, before the December 31, 2017 — per my hunch. You have now been officially warned.


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by Anura Guruge

IBM’s Ginni ‘Tonic’ Rometty Would Have Been FIRED 2 Years Ago IF She Was A Man!

by Anura Guruge


The company she keeps.



I ‘speak’ here as a proud ex-IBMer, one who made a decent living for 30-years as an IBM ‘expert’ and one who has been accused, more than once, of ‘bleeding blue when cut‘ (‘Big Blue‘ being IBM’s nickname).

I do NOT know Rometty. I never met her during my terms at IBM — my last stint c. 2001.

I have only watched her from far and she has NOT impressed me one iota.

20 CONSECUTIVE (bloody) quarters of declining revenues. Yes, 20 quarters — 5 years. That is basically a WHOLE tenure as IBM’s Chairman.

Come ON! Give me a break. She would have been out on her ear ages ago if she was a man.

Now it is looking embarrassing to all.

IBM has had some GREAT CEOs and Chairmen, not even counting the two father-son Watsons. Cary, Opel & Akers were GOOD. Gerstner, who I ‘knew’, was BRILLIANT. Palmisano was not great. Gin & Tonic Rometty, however, is the worst.

And IF you did NOT know. IBM’s stock price is what it is, because she was buying back BILLIONS to prop up the price!

Warren Buffett over the weekend admitted that he made a mistake in buying IBM. Well, he is getting OLD.

The best thing for IBM is to go cap-in-hand to Amazon and ask them, please, if they would buy IBM to put it out of its misery.


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by Anura Guruge

SYF, ‘Synchrony Financial’ As A Cheap Proxy Stock For Amazon (AMZN).

by Anura Guruge


Click to ENLARGE and view here. From ‘MarketWatch’ at marketwatch.com (SYF)


Not sure why I had NOT thought of this before. Maybe because I was already in AMZN, big time, and had been so for over 2 years.

But, this morning I happened to see SYF on CNBC and it got me thinking.

Why is it a PROXY for AMZN?

Because Amazon Store Credit Cards are issued by Synchrony Financial (via their Bank).

So more people that get Amazon Credit Cards the better it is for SYF.

AMZN at $900 is expensive and it is going up …

Yes, SYF will NOT MATCH AMZN performance.

But, SYF is 30 times CHEAPER.

So just a thought. Worth considering. I am.


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by Anura Guruge

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