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Apple Inc. Message Board

  • highway_1999 highway_1999 Sep 10, 2013 11:13 AM Flag

    Re:CNBC's unusual interest in aapl this morning

    Suddenly CNBC was showing so much interest in aapl and yes trying to knock it down and Becky was giggling a lot which tells me a process of knocking aapl is in the program today. And guess what aapl is indeed down a little but we all expected it to be up by $25 atleast today. So What's up guys? Is it CNBC's giggling factor or what

    Sentiment: Strong Buy

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    • you were wrong to expect apple to be up today. there are alot of traders who are operating on the buy the rumor, sell the news line. the problem with that argument is that apple has only bounced off of lows, but the p/e is so low. the only way apple stays this low (8x next year earnings less cash) is if the earnings fall. but there will likely be some bashing after the event as it would take a reincarnation of steve jobs to please some apple bashers. what i want to see is an apple wallet that is a true competitor to paypal and a full digital payments initiative

 
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