one only need to look at the pair trade that has been AAPL/AMZN the last few months. Clearly here is a case where wall street is trying to steer retail in the WRONG direction using every trick in the book (bogus upgrades for AMZN, bogus downgrades for AAPL).
Much money will be made fading the scam that we're seeing, but it is quite sad when you think of how many retail folk are being led off a cliff like lemmings. Game theory has taken on a whole new meaning when wall street isn't content warring against it's own but is now relegated to sticking to the little guy more than ever.
Sad state of affairs (but GREAT for traders, one caveat).
well what the #$%$ you gonna do about it...just sit there you pathetic #$%$ and take it. You mean nothing #$%$ and have no power to do anything....good little MUPETT.
Amazon Earnings 8 PENNIES per Share
Apple Earnings 45 DOLLARS per Share
It's pretty obvious which one is the better investment, but for some reason Wall Street has a woody for Amazon and their no profit generating machine. People are paying to day for Amazon what that company couldn't earn in 20 years total.
Yes, but certainly this disparity must be due to the total # of shares between AAPL and AMZN. A lower EPS is compensated by less shares and I'm sure it all balances out. Let me run the numbers...
Hmm, waitaminute, something's not right here, AAPL actually has 2X the total # of shares!! What am I doing wrong here, is my math off?
AAPL Shs Outstand 940.69M
AMZN Shs Outstand 452.96M
I don't know about going private.. but one thing that might help would be for AAPL to buy back some of its shares to reduce the float. 10% buyback per year would be a nice start. :D In 5 yrs there would be less than half the # of available shares making it harder to hold down.