No. of Recommendations: 7
"IBM crashed 25% today (July 14)"
I have a small position in IBM. It fell from $314 to $223 in February, declined as low as $214 in May, then had a sharp rally in May all the way up to $329. It just fell back down to $217 in ONE DAY. 25% swings like this are not related to their business, which has been improving. I am still holding.
Curious why this news was posted here on the BRK board instead of the IBM board. Just more eyeballs? Same with DIS, SPCX, and other non-BRK holdings that we discuss regularly. Not a complaint, just an observation. I like to discuss these other holdings or potential buys with other knowledgeable people, and they are quite different from BRK. But my postings on other boards here rarely get much action. Would appreciate views on this.
abromber