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.
The 50 DMA has been sliced through so many times recently I don't know if it has any technical significance at this point.
Max pain movin' on up......
I think we'll be pleasantly surprised in the fall. Long stock and leaps.
I can't tell you how tempted I am to pick up some puts on GOOG and AMZN. Either GOOG is massively overvalued or AAPL is massively undervalued. IMO it's a bit of both.
Oh look. Apple named most admired company in the world. Survey says your survey sucks.
Most admired 2013.
Yawn.....the hit pieces tell me one thing. It's a buy. "Poor financial result"....you're a funny guy.
Market down, AAPL up.
The RSUs vested for the top dogs which they pay tax on. I think just about everyone sold a portion more than likely to cover taxes.
I sounded harsh in my reply and I didn't mean to be, but suggesting AAPL is oly worth the per share cash on its books is reaching. GLTU.
I disagree with pretty much everything you said. A company doesn't need to revolutionize an industry every three years to be successful. I hope you put your money where your mouth is and post your trade.
You seem to find a problem with anything relating to AAPL. I see no problem tying CEO stock comps to stock performance.
Apple doesn't have to go lower. The stocks putting in 52 week highs with P/E's in the stratosphere will get hurt. AAPL can easily see big money coming into it as a safe haven, it's ridiculously cheap by current market valuations. I also don't think QE tapering (if it happens) will have a big effect on the markets, but that's another conversation.
I'm just a pee on but I watch the tape. I think we've seen a transitioning of money into AAPL the past few months. Usually these kinds of moves are well planned in advance. The hit pieces go out, FUD retail as much as possible, big money moves in, stock goes up.
Let's see what happens if the market starts heading towards "risk off". There was big buying/short covering on Friday.
Did you pick some up?
They just announced Cooks stock options are tied to stock performance.
1k block shares going through on the ask. You would have to think AAPL is buying today.
Held my nose and bought a few more this morning at $411. There's been good buying today watching the tape. Indicators say we should be getting a pop. Should be being the key word.
There are also whispers that AAPL will unveil it's own search engine to compete with GOOG in the next 12 months. I know it's been a tough stretch for shareholders, but if you've been paying attention to the massive R&D expenses AAPL has been incurring the past couple years, there's something big coming.
I might agree with you if AAPL wasn't sitting at a P/E of about 10, now factor in a $50 billion buyback. It's already cheap, any bad news has already been priced in and then some. If worse comes to worse AAPL will maintain EPS through retiring about 10% of outstanding shares. Minimal risk as opposed to GOOG which has to sustain incredible growth to maintain it's current valuation.
Man that chart is squeezed, volume tapering. Don't know how much more consolidated it can get. If history is any indicator I think we start moving up.
600 by years end. Cheaper IPhone+iWatch+China Mobile deal will push AAPL to 600. Not worried about 500.
Looks like the stock split is going to happen. It'll be interesting to see how this pans out. If I'm not mistaken a new class of share will be offered with no voting rights. Anyone know how the split is going to happen? Will holders of class A's get the new class C shares?
VALE and CAT are my turnaround picks, GLTU.
Uncle Ben doesn't look like he's going to take his foot off the gas anytime soon, only things that have been worth shorting is metals, and I suspect this will continue for some time yet.
And GOOG is priced for every bit of that growth and then some with a P/E that's on its way to 30, it's expensive no matter which way you cut it. AAPL is priced for negative growth for years to come, and that makes it cheap. And even if most of AAPLs cash is overseas, it's not "unusable". If GOOG wants to throw money away paying tax at a 35% rate, that's fine, wouldn't be the first time they've thrown money away, or the last I'm sure.
I agree, image counts for quite a bit. It's the only way GOOG can get investors to pay $26 for every $1 of their earnings. I always get a chuckle when people start talking about how AAPL needs to revolutionize to support a PE of 10, but GOOG can throw money out the window and get rewarded with a PE 2.5 times that of AAPL. The market is not rational.
About $1700 a contract right now.
Yep I noticed the "media" outlets are hard at work today with the hit pieces. I'd love to see the source for their math and how the data was compiled. Remember, 78% of statistics are made up.
Bought a couple more Jan. '15 600 calls today.
Who has $80 million? Vale has billions and we saw what happened there. BVIG tried to say they had a bunch of gold in a tailings dump....
SEC said "WHERE?"
BVIG said, "It's there, you just can't see it and we haven't calculated according to industry standards...."
SEC said, "Well, you can't do that, that's stinky pinky BS..."
BVIG said, "Well, we're going to stop reporting to the SEC, we don't like this transparency stuff..."
Yep, they finally approved it after the SEC made Kennay and Timmay remove all their pumping points and only put in the cold hard facts. NO KNOWN RESERVES....
She's getting ready to bust to the upside this week IMO. Chart is getting compressed.
Thanks man, now let's see if AAPL can keep that up trend after WWDC.
They were about $1950 per contract.
You think we'll see max pain again? You called it last time.
Jan. 2015 600s looking good if you're longer term like me.
Thinking bout picking up some Jan. 2015 600's.
I hear ya. Unfortunately its part of the corporate world. It'll dip if they want it to tomorrow, but this ruling has no effect on APPLs current operations.
Please dude, it's over any new 3G stuff with Qualcomm processors which is all outdated hardware at this point. It's like telling GM they can't sell any more Pontiac stuff. Plus they can appeal. It's like a gnat on an elephant's ass as far as AAPL is concerned.