01-27-2015, 02:12 PM
Kerim, Based on your discussion above, it appears you really want to own this stock. IBM is in the dividend achiever category and that fact is a big plus. I would take this approach with IBM. Consider it a speculative holding for now, limit your investment to 1-2% of your portfolio as you feel comfortable, purchase a 1/3 or 1/4 position initially and build from there, trade occasionally and take some profits and build the position slowly. I'm long IBM, but it is only 1.2% of my portfolio. I have been building a position since 2010 and will continue to add to the position, collect dividends, and profitably trade at opportune times. A very conservative approach, but it works for me.
M$$I
M$$I