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Apple Inc. Message Board

  • 74excel Jul 5, 2013 12:22 PM Flag

    AAPL down today because?

    Apple is down when the market is up. I am not very seasoned in this game, but I have most of my $$ in a call option with a $430 strike for Aug 17th. My "gut" is that Apple is going to rebound from the $390 lows again for a bit. I understand the skepticism of the market reacting to Samsung and HTC's disappointing results, but:

    1) iPhone has trounced these two companies forever in market share
    2) Apple "news" of an iWatch patent that will spur a multimillion dollar payday to loyal iFans and non apple peeps alike.Case in Point, the Pebble Watch received 10 million and only asked for 100k"
    3) "Rumors" of a slew of new products coming this year
    4) TWC deal to come (slight I know, but an increase in the realization of the potential Apple TV by Apple
    5) Hiring of new "well respected" personnel for retail

    All of these points "should" point to a huge gain here. Apple is making adjustments for the future.

    I don't understand why they are down.

    Any thoughts. I have bitten through two fingernails here.

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