50% of the 'Gains' Made by "Quantum" Hype Already Evaporated
Down $55 in 3 days, it'll be back around 52-week low again if it falls another $55:
IBM is up and down like a seesaw, depending on the buzzwords du jour. A decades ago it was blockchains. "Quantum" is nowadays "all the rage"; but see: Journalists Should be Ashamed for Parroting False Claims From IBM Management About "Quantum Computing", Say IBM Insiders Who Work on "Quantum Computing"
As someone has just put it: "Expect sub-$220 after earnings release next month."
Notice there's a lot of provocative Internet trolling attempting to distract from the simple fact, "IBM's shares down $55 in 2.5 days".
Low-grade trolling cannot distract or properly hide the "rot" inside IBM. Layoffs are never-ending and morale is appalling. █
