Yeah, heard that all the time when Apple went from 100 to 700.
Indeed. It's stock manipulation when it goes down but when it goes up - everyone gets into their cutest cheerleading outfits and gets on the bus to go to the big game.
Yeah, heard that all the time when Apple went from 100 to 700.
I don't think a bunch of shares traded by a corrupt, shady and immoral bankers are a true indication of Apples worth.
AAPL yield increased to 2.4% so even at 35% federal and 10% state taxes, that is about 1.40% net. Better if your tax rate is any lower. With a whole bunch less principal risk than bonds not held to maturity, and possible upside to the income if they increase the dividend ever.Factor in that T-Bonds are exempt from state and local income taxes and the T-Bond comes out on top of Apple's paltry 2.1% yield.
It's the only laptop with a resolution that high, it's almost as thin as the Macbook Air, It has all the power of a regular Macbook Pro, it has asymmetrical fans that are pretty quiet, it has better speakers than the normal Macbook Pro despite it's thinner status, it manages to not blow up despite the smaller enclosure and specs, oh and it runs on SSD flash storage. It's really hard NOT to see the innovation.
The display matters. No one has done something like this before to a laptop screen. Once I went for retina display, I couldn't go back... I certainly think it's an innovation, albeit a small one.
What do you want in your "innovative" laptop? Fold-able screens? Infinite battery life?
Nokia called, and wants its comment about the iPhone from 2006 back.
Reality will kick back in now...
COB today: 470
Next thurs: 500
May: 625
You read it here, please refer back when it goes down.
Sorry, not impressed. I lost $100K, which is nothing compared to Tim Cook's $100 million loss.
Here is hoping Apple doubles the dividend soon to cheer me up a little!
They were good guys only until September, then they became corrupt, shady and dishonest after that. Meanies...
A con man (Madoff, et.al.) has to build trust at the highest levels before taking people to the cleaners. Same with stock manipulation.
I almost sold at $700. All I had to do was click one final button but I changed my mind at the last second.
Oh dear, sorry to hear. Guess your good luck ran out.
Wall street really missing the boat here. Once they see the ios 6.1 new music lock the screen the stock will jump 10% instantly. killer feature for 6.1
People laughed when I said $700 was a sell. People laughed when I said $425 was the target (and still is). It should turn around at that point but just in case have a stop at $400. If it does turn, $500 is the possible retrace point.
AAPL was a bubble. The stock had been bid up to 10x in value to $700 in a mere 3 years, an increase like that is enough to indicate a bubble. However, what makes it an even more obvious bubble is the fact that this insane price gouge in AAPL was so fragile that it plummeted 15% in 3 days just because this last quarter didn't have a breakout increase in earnings.
It's not the fault of the analysts, as much as market experts like Jim Cramer or your average Joe Daytrader claim to know about the stock market, in reality no one has a crystal ball or special formula telling them what will happen tomorrow.
Still in. Looking for maybe another 10% here to around $500 then profit and reassess. Trailing stop now around $440.
ok... wannabe fortune tellers like you shouldn't be playing the market like a casino. I think you should ask yourself if anything you're doing with stocks is logical. You're basically buying and selling when you think other people are doing so, regardless of value. Where's the logic in that?
Declining Obama popularity, a R win in the Senate (end of gridlock) well anticipated in advance, and progress in debt reduction due to sequestration, has resulted in PE expansion for stocks generally and now up to 17.5 PE for AAPL! If one were to invest in APPL when I posted this in 1-13 the gain would have been about (split adjusted) $60-$110 or about 83% capital gain plus a yield of about 2.5%+ while waiting.We have seen PE ratio compression since Obama was elected since his policy is increased taxes, debt, and spending. The environment a stock is priced within matters. A sort of typical PE ratio for running companies over time is around 15. Apple is around 7-10 right now. If there is a change (reduction) in the tax environment and the velocity of money (increase) in the private sector, it will increase company PE's generally independent of internal performances of those firms.
Interestingly AAPL as a stock yields more (2.1%) than a 10 year government bond (1.85%) right now. That's amazing. The bond is at the top of its principal price range and the stock is near the bottom of its price range. Inverted risk.
During the short time the market felt Romney might have been elected, PE ratio expansion started to happen in anticipation.
Two news events happened when AAPL topped in mid-late September 2012. The iPhone 5 was released and the polls started to be pretty clearly favoring Obama.
I hope I have not triggered anything by saying these facts.
Rocketman