Apple Inc. (AAPL) Message Board
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So this is why its down... I see now.
http://www.cnbc.com/id/32896467
Tim Seymour says “Apple [AAPL 184.55 2.68 (+1.47%) ] looks like a way overbought stock that can be bought back around $170 - $175.”
Darn...-
Sure, wayyyy overbought after going up 20% from pre July earnings to current price with potential for accounting rule change to increase their realized profits 50%. Don't want to be in this stock when that rule takes effect. Or do you????
- 1 Reply to thomasthecat69
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EPS Revisions Current Qtr
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Sep-10
Up Last 7 Days 4 4 4 0
Up Last 30 Days 7 8 8 8
ZERO DEBT COMPANY
30 BILLION IN CASH
CHINA iPHONE
This stock has so many plays...SAFE HAVEN...FOREIGN CURRENCY...GLOBAL & CHINA GROWTH...TECH RALLY...SMARTPHONE RALLY...INTERNET TAKEOVER...ON-THE-GO MUSIC RALLY...ECONOMY IS GETTING BETTER RALLY!
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The Fastmoney crew is composed of assholes.
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You really believe that money managers and serious traders actually sit around all day watching TV waiting for CNBC talking heads to tell them how to invest? ROTFALMAO!!!!! Either you are new to this or just plan ignorant.
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Tim who...? Cramer vs. Tim
Cramer recommends at $178 with a price target of $264
Tim recommends wait for a pullback around $170
Cramer's AH move was +$2.00
Tim's so-called AH move was -$0.10
The Fast Money gang has some good points from time-to-time, but if this stock had huge volumes at 178,179,180,181,182,183,184, and 185 why would anybody want to sell at 185. They bought in, expecting 200 or better. This stock has another $5-10 move before any correction even comes in the picture. And that correction will only be an overall market correction.
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