AAPL Surging Following Extremely Positive Analyst Comments

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Nov 19, 2012.

  1. macrumors bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    [​IMG]


    Apple's stock price has surged nearly 6 percent today following extremely bullish comments from Topeka's Brian White. White feels that the recent drop off in Apple's stock price has little to do with the fundamentals of the company and that the stock is ready for significant growth.

    [​IMG]
    Apple's stock price broke through the $700 barrier for the first time back in September but had been on a significant slide since then.

    Update: Apple ended the day up $38/share, or more than 7 percent, closing at $565.

    Article Link: AAPL Surging Following Extremely Positive Analyst Comments
     
  2. macrumors 6502

    SuperMatt

    Joined:
    Mar 28, 2002
    #2
    In my opinion, many of these "analysts" should be investigated by the SEC. After Apple's earnings call, it was all doom-and-gloom. Now that it appears they've pushed the stock down as low as it will go, they're all "best stock EVAH!" again. They all dumped at $700, spread bad news, now they're reversing course. Bringing the stock back up should be a far easier task than crushing it for them, considering just how insanely great Apple's earnings continue to be.
     
  3. macrumors 68000

    1080p

    Joined:
    Mar 17, 2010
    Location:
    Planet Earth
    #3
    I remember when I bought stock at $16 a share. Best decision I ever made. </DREAM>
     
  4. macrumors 6502

    Joined:
    Jan 26, 2006
    Location:
    SLC, Utah
    #4
    It does seem to be an easy way to make money.
     
  5. samcraig, Nov 19, 2012
    Last edited: Nov 19, 2012

    macrumors G5

    Joined:
    Jun 22, 2009
    #5
    Personally I don't think it's because of Analysts comments but a decent "correction" in the sell off of shares that occurred over the past couple of weeks.

    There are analysts posting comments almost on a daily basis.
     
  6. macrumors 601

    ixodes

    Joined:
    Jan 11, 2012
    Location:
    Pacific Coast, USA
    #6
    I missed the $16 price point, but got in at $20 :) (true).
     
  7. macrumors 601

    HobeSoundDarryl

    Joined:
    Feb 8, 2004
    Location:
    Hobe Sound, FL (20 miles north of Palm Beach)
    #7
    Well, if that's all it takes to add 31 dollars to the price, he should just call 4-5 more buddies to also post some "very positive comments" to run it right back to $700... or maybe 7-8 buddies could write some positive things to run it to $800.

    Better yet, why not just deem the Apple faithful on this site as "analysts" and the stock price could run to the moon.
     
  8. macrumors 6502a

    coder12

    Joined:
    Jun 28, 2010
    #8
    Agreed; once again, everybody's stocks (Including Amazon and Google) are following this trend. That's just how the market works, your stocks will recede and grow as the market fluctuates.
     
  9. macrumors 68010

    Joined:
    Jul 23, 2011
  10. macrumors 6502

    Joined:
    Jan 26, 2006
    Location:
    SLC, Utah
    #10
    I remember thinking about buying at $16 a share. The G5 had just come out, and I thought it would turn things around for Apple ("this platform has legs!"). Turns out a little device called the iPod was actually responsible for turning the company around.

    In the end, I didn't buy it because I just didn't have enough confidence in the Mac as a platform. C'est la vie.
     
  11. macrumors regular

    Joined:
    Mar 30, 2012
  12. macrumors 65816

    Joined:
    Feb 15, 2011
    Location:
    Holland
    #12
    proving once again that the stock market is total ********
     
  13. macrumors 65816

    Nunyabinez

    Joined:
    Apr 27, 2010
    Location:
    Provo, UT
    #13
    Waiting for all the naysayers who have been using the stock price to prove that Apple is failing to jump in and proclaim how obviously Apple is no longer doomed; Just look at how the stock is doing. Hopefully, this will be a lesson to some that the speculation of investors is not a direct proxy for the success of a company. If you look at enough stock prices and compare them to the fundamentals and ratios, you will see that investors are anything but rational.
     
  14. Rocketman, Nov 19, 2012
    Last edited: Nov 19, 2012

    macrumors 603

    Rocketman

    #14

    Attached Files:

  15. iMaven, Nov 19, 2012
    Last edited: Nov 19, 2012

    macrumors 6502

    iMaven

    Joined:
    Jan 21, 2011
  16. macrumors regular

    Joined:
    Nov 18, 2009
    #16
    Apple has truly rewarded the faithful who've hung onto the stock since the early 90s, when every sign and sage said sell.
     
  17. macrumors 6502a

    Joined:
    Oct 5, 2011
    Location:
    Southern California
    #17
    I hate you....respectfully. :)
     
  18. macrumors 603

    ECUpirate44

    Joined:
    Mar 22, 2010
    Location:
    NC
    #18
    "Apple will do well in the coming months."

    Am I doing it right?
     
  19. macrumors regular

    Joined:
    Aug 11, 2011
    #19
    I hate how I bought in before the heavily manipulated stock prices :/

    Still holding on to $664.
     
  20. macrumors 65816

    bacaramac

    Joined:
    Dec 29, 2007
    #20
    Wasn't it AC/DC? Lol
     
  21. macrumors 601

    ixodes

    Joined:
    Jan 11, 2012
    Location:
    Pacific Coast, USA
    #21
    Point taken (in context) :D
     
  22. macrumors 68030

    Patriot24

    Joined:
    Dec 29, 2010
    Location:
    Phoenix, AZ
    #22
    Phew. I'm glad. I was really getting worried $500 billion market cap wasn't going to be enough to keep the doors open through 2013.
     
  23. macrumors 68020

    Joined:
    Jul 8, 2006
    Location:
    California
    #23
    The analyst comments might help but I think AAPL is surging more due to overall market conditions because of hopes for the so-called "fiscal cliff". My trading platform is showing green across the screen across all the stocks I'm watching today. On top of that, all the indexes are up. On top of that, Asian shares and futures were up yesterday. The massive gap up is probably due to the fact that AAPL is severely oversold due to a market correction, panic, profit taking, world economic crisis, and rumors.
     
  24. macrumors 65816

    Avatar74

    Joined:
    Feb 5, 2007
    #24
    Which is why I doubled my stake in a Vanguard S&P 500 index fund, rather than pouring it all into one bucket of risk with AAPL. If anyone here can beat the S&P year in and year out, they should be a fund manager for Berkshire Hathaway.

    ----------

    The funny thing about chartistry is that the "trendline" changes radically depending on what timeframe and how much data you're looking at. Technical analysis is the process of drawing a longer line based on the earlier parts of the line.... that's not analytics at all. That's dart throwing.
     
  25. macrumors 68020

    Joined:
    Jul 8, 2006
    Location:
    California
    #25

    Definitely keep holding. That's too much of a loss at this point.
     

Share This Page