Only a Matter of Time Before IBM Drops to $199 or a Lot Lower Than That
"For as long as IBM share price does not drop below $200, The current IBM management team might be able to live another day. It does not mean, IBM is out of trouble anytime soon. The $200 share price is psychological, many investors might view it as a clear to jump off the ship." -Earlier today
Related: IBM Lawsuits Over Alleged Fraud Are Piling Up | IBM Has Just Been Sued Again by Its Own Staff (This Time a Manager, Stephen P. Gutierrez)
Microsoft is fast losing in "value" and IBM's "value" might fall below its total debt (like Kyndryl) unless something changes radically.
To IBM, debt-loading seems to be a thing (or "Think"). How long can IBM overload empty shells? This sort of thinking is doomed to result in arrests. █
