Rest of October, rest of this year and all of next year going to be a very good time to be long and strong Apple. Shorts could be washed out next week as Oct. 22nd pushes Apple over the $520 to $530 hurdle and points us to $600 a share before the year is out.
I think we will close in the red and open around 495. This will wipe all 500 calls out.. Then they will rally it next week. 40,000 calls x $4.00 is a lot of free money. = $16 Million vaporized between now and friday.
Thinking $504 today with the stock now near $502. Investors know Apple is a good investment over the next 18 to 24 months. Question is how high will the stock move over that time? Next week will get Apple crowd excited and the stock will rise accordingly. I like Apple chart for the last few weeks, knowing the stock is going way higher in some what of a controlled manner. Of course if we get CM news this month or next all bets off for steady stock increases. Apple will jump 10% plus on any China Mobile news.
Unfortunate that we have this neg news about the damn 5c being posted on yahoo and google constantly same news different writers trying to have you look at there take on the phone and it's short coming's we just lost a dollar we were $502 jeezeThe same thing all day,iam surprised were even positive!