IBM's Crash Continues Today
Stocks go up and down, but they don't typically go down by over 25% in a single day, then come under investigation for securities fraud. For International Business Machines Corporation (IBM) this was an all-time record and IBM is over a century old, just like Bear Stearns, famously recommended by the same corrupt pundit before its collapse. Why is he still on television after all those years? To pump stocks for the people who later dump these?
Stocks like IBM (GAFAM for instance) are not down today*. That's just an IBM thing. Expect the CEO to "step down" or "retire" some time soon. Just like at Kyndryl. His stream or streak of fake news destroyed IBM's credibility. The boy who cried "quantum!" Before that, the boy who cried "blockchain!" Was he rewarded with the "CEO" title as a prize (reward) for his false predictions on blockchains? █
____
*Rivals of IBM today:
