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Apple Inc. Message Board

  • geosmart668 geosmart668 Mar 1, 2013 6:34 PM Flag

    Don't underestimate the intelligence of APPLE board

    I think that APPLE board has a plan:
    #1, they don't want to shoot in the water
    when the stock was at $500, it would rise to $590 to $610 if they had announced one time special dividend or more shares buyback, but the stock would not stay there, it would go down 2 weeks after announcement.
    What APPLE board wants is that when they announce dividend increase or buyback, the stock price appreciation would stay and they will give the stock a solid bottom. That's why they have waited. What were they waiting for: AN INSTITUTIONAL DEMAND POINT= $420
    It's very possible that some announcement is imminant. Institutional investor support with the announcement will move the stock back to $500 level, and the stock would never go below $420 in future and thus give APPL management credit to set a bottom

    #, they want to do several shoots one after one:

    a. announcement of share buyback/dividend
    b. in a week, China Mobile deal
    c. two weeks later, I-TV invitation

    That's why .Einhorn now is silent. He's buying more shares. Any suggestion that he will sell at current level is stupid!

    Sentiment: Strong Buy

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