Seeking Alpha
  • Ashraf Eassa
    Bought $IBM @ $190.28. 1/2 position.
    4/19/13
    Reply (13)
    • Timothy M. David McAleenan Jr.: Great minds think alike, right?
      4/19/13
    • Ashraf Eassa: I have been stalking $IBM for quite some time, and got a nice entry point. I assume you have been watching for some time as well? :)
      4/19/13
    • wheelz23: based on their EPS guidance, this sell off is a bit overdone...this should work out in your favor
      4/19/13
    • Ashraf Eassa: That's what I'm counting on. I have wanted $IBM for months, but missed my chance. Had cash, jumped in.
      4/19/13
    • Timothy M. David McAleenan Jr.: Indeed. Their buyback program might be one of the most guaranteed sources of long-term value creation you can find today at a good price.
      4/19/13
    • Charles Margolis: Smart to do 1/2 position.. presume you mean half the amount you are targeting... watch today's volume compared to avg. daily volume closely.
      4/19/13
    • Charles Margolis: You might try an analysis of $EMC, Ashraf -- interesting to see what you think of it
      4/19/13
    • Ashraf Eassa: @ Charles - indeed, 1/2 of the position I want. Looking into $EMC actually, but I need to understand the sector better before I publish.
      4/19/13
    • Charles Margolis: Just wish EMC had a dividend, I question leadership there for not implementing one... it would definitely help I think
      4/19/13
    • Ashraf Eassa: bigthinker...got some at $21.75. we finally agree on something ;)
      4/19/13
    • Ashraf Eassa: No worries, your input always appreciated! :)
      4/19/13
    • Augie91: +1 long at $190.25 !!
      4/19/13
    • hsd2: long $188!
      4/22/13