Been there, done that, and have paid dearly.Most of my losses trading apple has come from being short in the wrong time in last few years. But never been so sure that owning apple is a tremendous steal right now.it is very obvious and clear by many metrics and different standards that stock price should be a lot higher than what it is now. I think apple should not be a penny under $525.00 to be very conservative now and as high as $650.00 within a year if they execute and have new popular products.
Shorts should play with better prey than apple , I believe.
I add a bit every time when it pulls back. So far so good .
Good luck you 'all
It's a bull market you know. Most stocks will go up. It's just a matter of time before this one will take off. Carl just want to sweeten the pot by proposing more aggressive buybacks. It make sense too while the price is still low due to the bashing of the public heads. If they need money they can always issue corporate bonds at a later date and pay next to nothing in interest rates or issue more shares at higher prices. I don't think the buybacks just benefits Carl alone it benefits every other share holders as it made the life of the shorts more difficult with less floats. Well we know how this stock is being tossed around by the short short term traders.