Sat
Apr 20 2013
10:46 am
Anatomy of a pump and dump
By: R. Neal

etc. Then...

Warren should have given me a call because I totally called this a week ago. Here's why. When I read it, I said to the Mrs. "uh oh." Based on that report, the experts should have seen the IBM results coming from a mile away.

Yeah, I know that sounds like predicting the score after the game is over, but you can ask the Mrs. Unfortunately, she won't let me short. But that's probably a good policy.

DISCLAIMER: We follow IBM closely and occasionally trade it, and I hold a few shares in an old rollover IRA. This is not investment or any other kind of advice.

Topics:
bizgrrl's picture

Not the IBM won't be a good

Submitted by bizgrrl on Sat, 2013/04/20 - 10:57am.

Not the IBM won't be a good buy again. Many years ago, right before a big stock market crash, IBM dropped big time. They are now more than double what they were back then. They're not a Google but they are consistently successful. So far anyway, they adapt.

Knoxoasis's picture

psst: Go long on Intel and

Submitted by Knoxoasis on Sat, 2013/04/20 - 11:40am.

psst: Go long on Intel and Microsoft. Intel's new generation of chips, which are rolling out now, will give tablets x86 performance with ARM power consumption. Windows 8 has been a disaster so far, but mostly because its a touch based interface released at a time when most Windows devices are mouse oriented. That's going to change as Intel's more power efficient chips address the one major complaint about the Surface Pro - battery life.

Additionally, Intel's new chips are optimized for Android, which will let Intel profit on both Win 8 and Android adoption.

Microsoft is said to be developing a 7" Surface device. If they power it with one of the new Intel Bay Trail Atom chips and price it in the $200 range they will sell a ton AND get users accustomed to the new Win 8 interface. Plus I strongly believe that Windows Blue will include a Start button that will allow users to bypass the Metro interface altogether.

Also it doesn't hurt that both stocks, particularly Intel, pay a nice dividend.

R. Neal's picture

Windows 8.1 is supposed to

Submitted by R. Neal on Sat, 2013/04/20 - 11:54am.
(in reply to Knoxoasis)

Windows 8.1 is supposed to bring back the start button and have a boot to desktop option. That will help a lot with acceptance by desktop users and corporate IT shops, and they should have known that in the first place. Some of the other features, and performance, are pretty nice otherwise. (Except they no longer include Virtual PC, which I guess will help VMWare.)

We've been leery of both companies for a long time, even though our business depends on them, because they seem to just flatline for the past decade or so. And they didn't pay dividends before. Hope your prediction of a comeback works out for both of them.

WhitesCreek's picture

Why isn't Kramer in jail

Submitted by WhitesCreek on Sun, 2013/04/21 - 8:13pm.

Why isn't Kramer in jail already?

Knoxoasis's picture

Because we don't have enough

Submitted by Knoxoasis on Sun, 2013/04/21 - 11:04pm.
(in reply to WhitesCreek)

Because we don't have enough cells to hold all the people who miss market moves.

WhitesCreek's picture

Let the potheads go and make room.

Submitted by WhitesCreek on Mon, 2013/04/22 - 7:33am.
(in reply to Knoxoasis)

Here you go

highly respected journalist and business editor for the Columbia Journalism Review, Mark Mitchell, decides to look into allegations made by the CEO of Overstock.com, that some top hedge fund managers, in cahoots with a circle of financial analyst and reporters, had conspired to make a lot of money by betting short on companies and then systematically destroying those companies by spreading false negative information about them and employing other tactics such as flooding the market with "phantom shares" to drive down a stocks value.

Knoxoasis's picture

No doubt that goes on. My

Submitted by Knoxoasis on Mon, 2013/04/22 - 1:14pm.
(in reply to WhitesCreek)

No doubt that goes on. My Intel stock suffered a significant one day loss when an "analyst" at JPM Securities downgraded the stock on a rumor that Intel's new generation Haswell chips would be delayed because of power consumption issues. The rumor was totally bogus, and I do wonder how many clients of JPM Securities got the chance to buy Intel on the cheap.

Nonetheless there are thousands of analysts making calls on stocks that are entirely legitimate and aren't trying to affect the market, just predict it. They aren't all crooks, and they do provide valuable guidance to investors. But if all of them were right all the time, we'd all be millionaires.

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