Apple Inc. (AAPL) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • midnightrambler108 midnightrambler108 • Dec 13, 2010 5:59 PM Flag

    Short this Pig. Mark this Post.

    I wouldn't pay $200 a share for this company. You know why?

    Because their stock is as over-priced as their products.

    You mean to tell me that this company at $300 billion is more valuable to society than the likes of Boeing, General Electric, Ford etc..?
    It is just a greasy tech company.

    A 300 billion dollar valuation is as high as it ever goes. Their products are garbage and people are gonna figure that out soon.

    No dividend on $15+ eps? Like it's just ridiculous to pay $320 for a stock with no dividend.

    If you bought in the $200s It's time to dump...

    Sort:  Newest  |  Oldest  |  Most Replied Expand all replies
    • kit_par kit_par • Dec 13, 2010 6:03 PM Flag

      "A 300 billion dollar valuation is as high as it ever goes. Their products are garbage and people are gonna figure that out soon. "

      You lost all credibility here alone. Their products are the best of the best.


      "No dividend on $15+ eps? Like it's just ridiculous to pay $320 for a stock with no dividend. "

      This is a growth stock....no divy needed at this point. Thats for old timers stocks like P&G & GE etc that are slow growers now and for old timers on fixed income and getting their Gobmnt checks like fasteddy47.

      • 2 Replies to kit_par
      • midnightrambler108 midnightrambler108 • Dec 13, 2010 6:18 PM Flag

        I think it's probable their earnings are going to drop to $13eps after the next quarter.

        Which is going to put P/E at well over 25x and the stock will shave 10% in a day....

        Hang on for quarter 2 when sales are dismal again and the stock is going south to $225, while they will still maintain a P/E of 20x plus... becuase everyone will still be pumpin the stock....

        There is too much money in Apple and the US economy would be better served if it's share price was cut in half.

 
AAPL
+0.00(+0.00%)