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The sales numbers will prove the analysts who are calling for Apple's head dead wrong once again, but that's nothing new. Enjoy the short for the time being.
It's just bears piling it on with "sky is falling" BS. Once the IPhone sales numbers come out Apple will all the sudden be the best/smartest company according to analysts. Once they've made their money on the short side that is, and that is coming to a close.
It's how they fleece retail. The transfer of wealth to those who know better from those who don't. It was funny watching those downgrades all in lockstep with each other, almost like it was a planned......
Never really been AAPL's style. I just use it as a buying opportunity to average down on some calls I picked up.
Already had it early this AM. Market is mad because they didn't confirm China Mobile deal. Although if you were following the bouncing ball you'd see it was leaked this morning that they received their final licenses to run IPhones on their network.
Bought more Dec. 600 calls. Buy the fear.
Just announced AAPL got final license from Chinese to run their phones on china mobile's network.
You might not think much of it but that phone will add 3-5 bucks to EPS, probably more.
Don't have any Sept. calls. Have some Dec. 600's and some Jan. '15 600s.
Stop losses just getting taken out now. Big bounce before EOD.
Indices fell off a cliff last hour, still green apples.
Volume picking up nicely.
Being long a stock means you are bullish, being short a stock means you're bearish, you can be long or short with options. Anyways, what's the trade? Try and call it before the move this time.
Good thing there is no Fed balloon in AAPL. Some stocks will get hurt because their growth doesn't support their premium. AAPL isn't one of those.
There she goes. She's got legs.
Almost kissed $500 today. $600 by end of the year. Congrats longs.
AAPL $600 a share by Jan 2014. If you're short you're gonna get hurt. New product lineup in the fall and continued gains in emerging markets with the cheap iPhone. When you've been proven wrong and your pinky pump trash is at no bid I hope you'll cone back and apologize to the board.
Then buy the puts and post the trade. Otherwise keep your pinky trash to the pinky trash boards.
Rodman will throw his name on anything to avoid bankruptcy. I'm sure the vodka is as good as he was a 3 point shooter. Avoid this pinky trash.
BRND is pinky pump trash. This stock is as classy as Dennis Rodman.
Don't listen to this guy. You will lose all your money in the pinky pump trash he's pushing.
Quit pushing your pinky pump trash around here. AAPL is for big boys.
Nice trade on the 455's, definitely not for the faint of heart. Nice close for ya today too. GLTU.
One more reason to be an investor instead of a trader. I have calls but they're over a year out.
Now the trade is go long AAPL for the next year. Hedgies took your money and retail will be last to jump in AAPL again. They're not even going to give you the awkward morning after call.
It's a joke the way Samsung even reports their "sales" numbers, unaudited shipping numbers vs. AAPL sales numbers. You would think people would start scratching their heads when Samsung is showing all this market share but AAPL devices account for the vast majority of web traffic. People must be buying all these Samsung devices and using them for paper weights. Yea, that's it.
The rumor is Cook is in China meeting with China Telecom. Now that we have a confirmed cheap IPhone I'm expecting the deals to be announced.
Long AAPL, short GOOG will be the trade. MMs doing all they can to prop up GOOG after another miss.....
Probably in the neighborhood of 40 million shares bought back this quarter. That's a lot for one quarter.
They announced they used $16 billion to buy back stock. Talk about diving in, didn't expect them to be buying that big that fast.
Sorry to hear that man, hit me up some time I have the same email as before. Those puts you picked up played out nice. Did you cash out EOD?
They will, they've guided down to an extent that they'll be able to walk over earnings estimates. The Foxconn beat and the latest Verizon numbers were clues for anyone that's been paying attention.
Hey brother good to hear from ya, hope things are going good for ya as well. Doesn't get too much better with options, been writing calls against my position for an easy premium.
Quarter after quarter GOOG growth misses but the street continues to justify trading the stock at 26 times earnings. The things that make you shake your head.
Anyone else noticing the huge buys at the bell every day? Was 500k shares today.....
The cheap iPhone will be a nail in the coffin for a few companies.
It's a game of misinformation as hedge funds continue to buy.
I wonder when the hedgies will announce they're long AAPL and short GOOG and AMZN, oops, sorry retail, but thanks for the $$$$. I'll call you.
Care to throw out a time frame? I still have a bet with a buddy for $600 by end of year. The fall product roll outs will make or break it.
We'll be sitting on our Icouches counting our Iprofits.