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Apple Inc. Message Board

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  • sushibn sushibn Nov 9, 2012 7:19 AM Flag

    Cramer says sell at 530 and buy at 700.


    WOW he recomended at $50.....??? I said buy when Jobs camae back at $8 lol

    ..."I don't want people to be greedy here," Cramer said, noting Apple traded at around $50 a share when he first started recommending it, so anyone who sells at current levels won't lose out on the 490 points the stock has since gained. "You're also being greedy as all get out if you don't take something off the table, at least your basis in the stock if not more."
    In addition to the threat of an increased tax on capital gains, Cramer said Apple seems to lack any near-term catalyst to take its stock higher.

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    • no near term catalyst? Selling iPhones so fast you cant make enuff. 3 million iPads sold in one weekend. This does not qualify as a catalyst? If Amazon or Google accomplished this, their stock price would be through the roof!! This is insane!

    • with all respect , when Cramer recommended the stock at $50 , even my nine year son recommended it six months before Cramer did so, if you are promoting Cramer as anything other than a showman, a crazy showman then sorry but you 're as big of an idiot as he is . I mean that wasn't exactly rocket science was it ?

      Sentiment: Buy

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