Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I think it will bounce tomorrow but next week should test the $420-$430's
Lol, that's the attitude I am talking about. No I did not lose tons. I shorted the stock at $590 after being on the sidelines since I sold last summer from my initial buy back in the early 2000's. I bought back around the low $500 and $510, sold in the $490's and went short as I stated, will look to cover and then wait to buy back in for the next trade. I am only trading apple for now on, so far I am not losing.
Since I been here I posted my trades and with respect not like you.
You comprende Mr. Clown?
It's the way you came across with your posts, act your age and you will get your respect. You don't have to act like a yahoo clown. Although, I will be the first to congrats if this goes to $350 but that is to low, might test this years low.
I was with you, would have been a nice ride up. As I learner years ago, don't fall in love with stocks. Got to think as a trader, I got to look at my charts tonight and see where the next strong support is, $460 was one of them but might break that when this opens up tomorrow, $440 who knows. I don't think they will hit next quarter earnings either.
Street expected to much from apple.
lower, it's too bad. Street wanted apple to cure all cancer.
Anyways. Took a short position at $490, looks like it will head lower tomorrow am.
Looks like some support in the $460's but think this might go lower, could test low $400's.
Not sure apple will see $700 this year. Crazy.
AH is trading all over the place, just jumped to $525 then to under $500 within seconds. crazy
Extremely amusing......
Didn't someone post last week and an article that came out last November that the big boys will try to pin the share price at $500 on today's close regarding options. A lot worthless options today because of the $500 close and we closed right on $500, makes you wonder. I guess the author was right, and he mentioned in the article it's best to wait until after today. Let's see how Tuesday's trading goes.
Let's not forget what most look for when buying any product is customer service. Apple is the best, anything breaks, just go to the apple store and they take care of you first class.
If the share price splits 2-1, like it did in the past.
http://finance.yahoo.com/q/bc?s=AAPL+Basic+Chart&t=my
First I am not your pal, second this isn’t going to $350 after earnings and if it does I will be the first one to actually give you props. That probably has never happened to you in your life, that's why you come to these boards to build up your self-esteem.
Good luck though, you never know everyone is right once in their life time. This might be your year.
I have a small percentage of what I initially had. I just have a small core just for trading. Unless this splits, I will continue to trade.
Good luck with the options,
Don't be so sensitive and where in any of my posts have I mentioned about option trading, I don't trade calls or puts.
Actually I am not in red. From the beginning I mentioned my position. Short in the $590's, cover at $505. Bought shares in the low $500's and another around the $510 area. And bought more this am. Have a limit to $450 in case they decide to bring it down but after today’s action, don’t see that happening.
I think I'm doing pretty good. My first purchase of apple was in early 2000's around $30's and a good amount in the early $100's a few years ago. Sold all those shares last year and been on the sidelines since my short position in December of last month.
So I think I have done very well with this company and I don't go around jumping up and down on how much money I made like you do. If that what makes you feel good, then it's all you.
Although If I were you, I would keep your engineering career and continue learning how to play options but don't make it your career or we will be looking for a new moderator.
How is it official? Instead of going back and forth with you. What made you come out and say it's official.
By doing this, I don't think apple will come out with cheaper version phones.
Really $450 by earnings and if it's bad down to $350? What happens if it's really really bad, $100?
Only a few companies are completely debt free and I think apple is the only one that has enough money that can actually take care of Greece and Spain's debt issues and you are betting they are going to $450.
Big boys can play with your mind. Some hedge firm gets some guy in japan drunk off sake bombs and next thing you know Wall Street is putting out some bogus PR stating iPhones cut in half of 65 million number than they take that number out the following day. They scoop up shares under $500 while you mortgage the house on puts talking about 100% it’s going down from yesterday close and now you come out with $350 number if earnings are bad. You must be drinking those sake bombs too when you post. I feel bad for whoever is following you. They won't get to read this because you will have this post deleted. Sad.
I like how you raise your price, earlier today you mentioned it will hit $500, now that's in green you throwing out $510/$520. I do play day to day, I shorted the stock around $590 and waited a week or two before it dropped and covered in the area you thought it was going to drop today, I'm not going to sell until earnings and if it's bad, i can still make it up by shorting it. I play both sides but I don't come on here and start posting jiberish like you do, and who deleted my last post. What I posted was not a personal attack, I was saying the truth.
I think it will close in the low 530's, still have the second half of the day. Although the way it's been trading, I can see it closing higher than $530's. So far, it's been a nice reversal.
$560 print I can see this week, $540 is a strong resistance, if it can close above that by end of this week then I see the same pattern for the following week, $550-$560 would be a nice floor going into earnings. Hopefully after earnings, no more $500's.
Come mon man, the share price was higher on Friday close than Monday's close of last week. This week, I see Friday's close higher than today's close. What surprised me is to see this gap down this low but thought they would fish for stop losses, $510 is a very strong support which is why I don't think we will see 510 print and so far this am it's climbing higher from it's low, right now it's trading higher than what it opened up in the am, I think it will close in green. Good luck with your options.
I agree, I also don't see this going to 510 or even 500. The share price went from low 500 to testing 550, since then we saw a healthy pullback and like you said, it could go down on Monday am but wouldn't be surprised if it closes in green somewhere in the low 530 to start with a bullish week. I'm going to keep an eye on those two companies you mentioned in your last post.
Nice buy, bought some more at $527. Healthy pull back, I expect this to go back up next week. We saw a rise from the low $500's to $550, now to mid, can not see this going lower next week.
Hugh? It's only been two days into the new year but if you want to include Monday's trading, you had just 12 million today, almost 20 million yesterday, and over 23 million on Monday.
For the last 3 days, you had over 55 million shares traded. That's pretty good to me. And today's volume was the lowest on a down day compared to the highest on the up day from Monday and Yesterday. I figure there will be some profit takers today. If $540 holds, next week should be another up and would think that pattern will continue until earnings.
looks like it came down and wanted to to test teh $540/$541 support, needs to stay above this for another day or so before the next leg up.
Let’s see if it can hold $540 the next couple of days, the key number I am looking at is the 50dma around $560. If it breaks that then it should test the $590's next, The only way I see it heading back to the high $500's is for the pre-run up.
Tax selling is done, most of the fiscal cliff issues were resolved, the others will too. It might take until the last hour but what else do you expect when the house and senate act like children just to prove a point. At the end, they will not allow anything that would make the economy step back. It will get resolved and they will move forward.
No, not you. I don't want to throw his name out there but most been picking on him. I just don't see 50 point swings going on with apple that easy.
Monday should be an up day, who knows after Christmas when the fiscal committee clowns get together again to vote.
some who post are a little over dramtic even though picked the right side of the trade. I really thought this will test the low $500's with the dow taken a hit. after today's action, I really think buyers feel at these prices it's steal with earnings less than a month away and a slow week during the holidays, I just don't see that much more down days unless the fiscal BS doesn't pan out, benig a short into earnings is nuts. I think next week people will be buying here and there. Plus the wash sale rule where you can not buy stocks after a sell is withing 30days and Nov 20 was the deadline for tax selling for most firms, (not 100% sure on this) so I would think firms are stepping on and buying back their shares.
Anyways, hope the house and senate reach an agreement by years end and then good times going into 2013.
Unless the fiscal deals falls out completely. Yesterday's action was more republicans playing hard ball, they couldn't even get support on their own plan B. It will get done, dow was down big today and apple did very well. Just remember the other day we had a large block that went through around $510, someone is supporting the stock, for sure with dow down so much that I thought apple would touch $500/505 support. Apple is ready to pop, once fiscal BS is done, tax selling won't be a factor and earnings should be around the corner. I don't see this going under $500 unless fiscal is not going to happen but the republicans are not that stupid and the dems will come to a reasonable solutions that both parties will finally agree.
This is politics but sooner or later the market will stop listening to the house and senate, it's become more of a comedy channel. It's embarrassing.
looks like they shook some trees and brought it right back up, looks like it will go green today an probally start testing the $540's, Like how it's coming up in a healthy steady rise. I think we will see the $600 by end of the year or close to it, a close above it would be a nice start for the new year.
The way the volume is coming in, I say gap up but $540 will be a big test. Already HOD on high volume which is bullish moving forward. I think $560 will be tested and then will take a breather tomorrow. Although it seems that someone is absorbing the sells during the day and coming in strong towards the close. Closer we to the end of the year, the more will jump on. It has taken a hit since $700 so I beleive it's in the recovery stage. Citi's downgrad did nothing, looks like everyone is going to jump on for the earnings in January so I say it will continue to go up towards the $600 by the end of the year.
I think it will close at the high of the day with some buyers stepping in, let's see if this starts being a pattern.
I don't think $540 today, let's see if we see another large block towards the end. With that type of size, looks like firms are stepping in.
I think in the second half of the day it will break $528 and test or close in the low $530's. Looks like it's trading in a healthy upswing. If this continues on a daily basis as the fiscal cliff gets resolved next week, hopefully and with another two weeks left for this month, don't think it will retest the low $500's as others will be jumping on board to get a position going into the new year as it gets closer to earnings.
If this trend continues, this could be in the $600's prior to earnings, good earnings and maybe it breaks the $700 and set new highs. Wonder how many Analysts will change their tune when earnings are good, positive media could make this go towards mid $700s or even touch $800. Don't see anything negative that will come out during earnings that would make this stock drop.
It's going up tomorrow, someone purchased a large block towards the end, 300K+ shares. I think we will see somemore of those blocks go through now where the last month and half or so, we saw more on the sale side.
A close on the HOD was bullish, moving forward still need to see if it could break the $525 resistance. If so, then it should continue moving up, don't see tax selling going on during the holidays.
Now if it bounces off $525 and drifts lower tomorrow then it could come back and test $500. Although overall after Citi's foolish downgrade, the stock absorb the sells the first half of the day and moved up nice towards the close.
I don't know, I thought for sure we would see $400's today, after the way it closed on Friday then the downgrade with Citi but the 2 million PR helped if not this would have been in the high $400's right now.
Citi comes out with a downgrade and apple made them look stupid. Regardless, this closes in red then I can see them trying to push this under $500. $498 is the number, next support is $480 and a big one at $460, if it does that low, I don't think it will last even at $480. How much can a stock take a beating, more Iphones will start selling in different countries, China numbers look good, companies are going to start using ipads for their employees. I know my company is looking to have the ipads for our sales team. Go to any starbucks and everyone has a macbook.
Numbers will be strong, not sure how much more of the tax selling there is. Right now, I don't see $500 breaking, it would have already bounced right back up, fiscall cliff news shouls come out either positive or fair, doubt the republicans are that stupid to not come to an agreement.
I covered my short in the am, still have my buy in at $480. If this breaks $500 then I will look to add for the earnings.
Yes but apple came out with some PR's that help make that move prior to Thanksgiving. AH still down, don't know if these guys can bring it down on Monday, might have a bounce and then a drop for the rest of the week if the market doesn't move up. Not sure how much more of the tax selling will be going on. I am sure most have made their moves.
I didn't think it would break $505 after dropping over 3%. Next week, they will test that support if it doesn't then I can see a reversal, just like when it was at $590 and it couldn't break that resisitant after a couple of tries, I think it will happen the same, if it bounces a couple of times then I can see it reverse but these hedge funds will try to steal some shares under $500 which is why I think they will try to break it, you have a whole another week before the holidays.
Let's see what happens but in the long run anyone who bought in these prices will be rewarded.
Wow, $420 would be a good price to get in. Although, there is a gap from the beginning of the year that I can see the big boys try to fill but that will not last and could be a lot of short covering going on if or when this breaks $500. I will cover at $480's that was my price target from the $590's and will add if it goes lower to a new long core. This will bounce back and after the new year, I can see the media changing their tune prior to earnings. The guy who posted this am that said this can go to low $300 by March is little off, needs his medication. Some people think they are funny with these predications. Apple is not busted, great products, stores are always packed. One thing I love about Apple is their customer service, something breaks, just walk into a store and they will fix most of the time for free. Try getting a dell or other PC company to fix the problem. First you got to deal with someone over the phone in India, then you got ship the item, and you won't see it until 3 months later if you are lucky. I rather walk into a store and get this resolved.
If I have to pay a few dollars more for a product knowing that I am getting 100% customer service then it's worth it than dealing with a robot over the phone with the other companies.
This drop has nothing to do with Apple, tax selling and other firms readjusting their books. 2013 will be a good year for Apple, looking forward to the TV’s coming out. Most that own apple products are for life.
Right now it's testing a support, if this breaks and goes under to $521 then I expext to test the $480's pretty quick. This is a strong support now so let's see what happens but I beleive $505 will be tested and by the end of the year $480's should be a realistic number, I would then go long. Don't bet against apple but for now it's a good time to watch and get ready for a position unless you are a short then you can play both ways.