Contemplating my business/loan disasters of last year.1@
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I disagreed with your analysis... not with charting or price patterns.
Good luck to you ... lol... I disagree with you completely and I've been a chartist for about 6 years now.
And let's completely throw out all the good things that have happened, including rising in cash flow, just to follow the chart... My prediction, if it ever touches 400 (more like 405), this stock bounces hard from there.
You think it will bounce from 420?.. or 400?...
You're not thinking like the average apple consumer... Trust me, they probably believe "an apple product a day keeps the gremlins at bay"...
Look at EA... for a long time they made their profits solely from video game franchises like Fifa.. which continued to make them money and still does... they don't change very much with every new Fifa or NBA or NHL version.. I know .. I used to work at EA as a software engineer.
Bottom line.. people will continue to buy Apple products, regardless of how little has changed... Almost everyone of my friends I know who complains about the new iPhone they bought isn't much different from the old phone they had... still they bought it! and they stood in line to do so!
Too many little pockets to be picked on this one... I should have sold at 435 today and bought back lower... oh well.. I'm riding it down, will probably avg down at 420 first.. then 410
Well, solar power doesn't need direct sun (I don't think it does)... So unless you live in a dark basement (in which case you might not be buying an iWatch anyway), I think it would charge your watch.
But yes, I'm going to enjoy the iWatch hype as well... still holding strong.
Personally I think the iWatch thing, while it will sell initially, is not really going to do well.
A watch that has a 2 day charge?.. who charges up their watch?.. make it solar powered or something where it charges up during sunlight..
Hell, the amazon kindle has a 2 month battery life.. try and make it have less features and allow it to last longer..
Right now it is like an ipod nano on your wrist, which could do well.. but just not a traditional watch when it comes loaded with iOS 6.
Nope.. not even close.. it would be extremely doubtful to hit $400.. but we'll see this week how it plays out.
I think it is a retail knife catch.. It is retailers sinking this down at this point from panic... The smart money exited at 600+... the apple fan boys are running for the hills now.. just not sure how many of these ants there are...
Who knows.. it could fall below $400... but highly doubtful... I will be buying more then anyway. 5% is a lot for a decline.. but yeah I don't think it drops even that much from here..
Great reply... you made a call when it was 560 that it was going to fall to $430... instead it jumped to $705+ and while it was moving up, you just kept spouting that "its going down.. its going down...$430".. and this makes you a genius?
lol... at $700 I don't know many people that said it was going to continue to go up.. Most people knew it was headed down from there... Did you put your money where your mouth was? and shorted or bought puts?... I was one of the people who shorted at $700... covered at $695, but that's another story...
Don't come on here and try to brag about being wrong... you were wrong to predict $430 when the charts CLEARLY SHOWED IT WAS GOING UP, AND IT DID... to $705+.
I'll let you save face and try to predict something now.. Go on.. call bottom.. show off your charting skills.
I'm calling bottom at 412.
I wish you guys all the best of luck.. I have a decent sized position I bought at 440 (100 shares)... but... it was only 1/5th of my position... I will be buying a lot more if it goes down to 400... pretty much my full position will be bought then.. but, I think it isn't going to hit that, we'll see...
My prediction.. bottom at 412... then this bounces hard. No I don't see this going to $400...
Oh and I think it is mostly retailers selling right now.
I hope you're joking... or being sarcastic... His "prediction" came at a time when the stock jumped up about $150 when he said it was going down to 430... before it started making its way down.. hardly a prediction..
You shouted off a number 430 and the stock ran up to over 700 AFTER YOU CALLED the drop. Great work!
How about I shout out a number like 600.. and if at any point within the next 5 years it hits that, then I'll post "I TOLD YOU SO" on here.
Great charting skills and prediction, when the stock moves about $150 up from when you make a DOWN prediction.
That's partly the issue is the public is realizing AAPL isn't going to spend that money on buybacks...
The short interest is at 18,778,593 as of 2/15/2013... Pretty high if you ask me.. about as much as the average daily volume.. Yeah, it could go down further, but I'm thinking it will be bouncing this coming week at some point.. probably Wednesday will be a bounce day.
Anyone have an actual clue as to where AAPL will go today? and after the new year? All I hear are a bunch of lemming posts on this board. No one seems to have a clue.
I don't make predictions anymore for this stock... it is too unpredictable.
Chart doesn't look good however.
Looks like this stock is trying to make its way to 30... I never would have expected this. I'm staying away from this stock till end of the year.. let's see what the new year brings...
I think there's a good chance we head back down... Nothing much really prompted us going up this high, I think we're still in a trading range... You should liquidate some no?..
That doesn't mean we can't... We just need to get on the phone with a lawyer who would do this on a contingency basis. The SEC already ruled against Bethke (much less than a slap on the wrist in my opinion). I'm surprised his assets weren't seized. What he committed was theft on a federal level, he should be arrested and all his assets seized.
Anyone have any further news as to Steven Bethke and what happened with the SEC's case against him? I hope he was ordered to pay up all the ill gotten gains he got from issuing that false stock. I'm still in the process of suing Graham, that should hopefully be finished soon. We should do a class action suit vs Bethke. The SEC just doesn't care about us.
Yep, I'd be careful still, we don't know conclusively that it won't try to go sub $2. It did hit a low of 1.99 yesterday, so it may try to hit that low again. I do know a lot of people bought there though, so maybe that will be a very good support mark.
I don't think we're out of the woods on the $2 anyway, so I wouldn't worry about that. If you want, you can place your buy orders at $2 right now, I am thinking next week at some point, it makes its way back there. Looks like it is going to be trading in a given range for a while, until something drastic happens.
But he got granted these options at at a strike price of 2.26 right? So he must believe the shares are worth a hell of a lot more than that in order to make it worthwhile for him, since currently he's underwater on those options. He's not out actual money, but still I would think he wouldn't have taken those options unless he knew they were going to go up.
Have a great weekend man. And congrats to you, you probably made a killing with your purchases. I'm still down overall, but my 8k loss has turned into a 5k loss.
I think you might be PSYCHIC.. I definitely didn't think you'd even be close to right, but we're at 2.11 right now... correction 2.12!~!!!!!!!!
Guess waiting might pay off, looks like it is going up again. We'll see about your prediction of 2.12 close, I hope!
Well, brace yourself, I think we plummet to 1.9 by end of day. It is really sad, but I think we do. I think the powers to be bought a lot of puts at 2.5 and for them it is free to strike this down.
I hope you're right because my account looks really bad right now. Really red.
Are you still in? What is your thought here? It is painful to watch!!!
Oh my good ness.. what happened there??
Yeah, I think Monday it goes up as well. No more dealings with trying to make options expire and what not.
Plus Ricchetti wouldn't have come on board for shares he perceived was going to plummet further.
Richetti bought shares with his own money? Or company bought it for him? I thought these had a 4 year vesting? No?
The form 4 just looked like shares vesting though, I don't know what that was all about? It is the shares for Ricchetti right?
I'm holding a ton of cash in case. I have 40k shares right now, will buy a lot if it dips low. Still thinking they'll try to fake it under 2 (or maybe it isn't a fake, maybe bozos are selling there).
Didn't think it was going to go down like this, looks like it may touch $2. I'm holding off on buying more until $2 I guess.
I bought more at 2.11 .. I don't think they're above to manipulate this down after the frontline commando game making it so high. And I used to work at Zynga and am in mobile gaming, I know how big this is.