Replies to post #82997 on Apple Inc (AAPL)

[clearsailing]

Steve Job says NO

reported on CNBC

The reporter basically said that steve jobs said that

- company is into taking bold risks, emphatic risks .... and this gives the company flexibility.
- paying dividends would not change stock price
- apple has to think big to move the needle
- apple is very comfortable sitting on the cash right now

- Apple sees opportunities internationally

[TigerTrader83]

I am expecting a split around 220, did not think they would do one as big as 4:1, will be interesting to see how it unfolds.

[mrgreyshoes]

4-1 will never happen. But, I'll give you 2-1. Either way this should make a run to the next round # $ 210 with this move today. Especially with the SPY being down. Use a 200 stop which gives you more than a 2-1 risk reward.