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Apple Inc. Message Board

  • applemillionaire applemillionaire Jun 27, 2012 4:57 PM Flag

    SOLD... Looking To Buy Back In Lower Than $574

    I've made alot of money with AAPL, and plan to keep on. I also think it's going to hit a grand. for now however it looks to me that the stock s under alot of pressure. MM are really controlling this stock, weekly option traders are keeping this artificially lower as well. Without a solid catalyst such as a blowout earnings in a couple weeks Apple heads lower or stays rangebound until back to school & holiday buying. I am simply looking to get back in a few points lower, buy back in and keep repeating the process. I've made alot more than AAPL's 40% trading it for myself instead of just staying long. With the EU problems and the Supreme Court decision, along with heading into another weekend of uncertainty, I think all of this will get me in lower than $574. Even a dollar lower bumps my earnings % up 5% in one shot.

    I'm still long, but this stock is just for trading at least for now. When the earnings hit which will be great thanks to China, along with the dividend, that's when a buy and hold strategy will pay off.


    Sentiment: Strong Buy

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    • BACK IN... All In @ $571.85... Clipped an easy $2.40 per share profit on a down open & day. Very easy to do when you own shares vs options that can easily get away from you. Will be repeating the process until dividend ex date. Easiest $ anybody can make.

      See you @ $1000

      Sentiment: Strong Buy

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