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Apple Inc. Message Board

  • davidba1960 davidba1960 Dec 12, 2012 1:02 PM Flag

    $543 is still down over $50 from $594. How can aapl be down $50 on a stream of good news, front page reviews,etc

    Apple has to be one of the worst performing stocks. For weeks good news after good news: result aapl down $50.

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    • I have not seen any good news until yesterday morning when it was abundant. For the past couple of weeks it has been nothing but people talking about AAPL because its topical with nothing to say of substance. Just a lot of conjecture. Yesterday we had numerous data points that support they are having a stellar quarter, including 27% September market share with iPhone 5, despite not launching until late in the month, record Foxconn November sales, estimate increase from 7 to 8 million for AT&T activations, reiteration of overweight rating and $800 PT at MS, reiteration of strong buy and $900 PT at PJ, etc. Be patient, just because it ran to $595 in a few days last time doesn't mean it has to again (though it might once it gets past $553 IMO).

      Sentiment: Strong Buy

    • everyone waiting for the right time to buy back in.

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