Can't blame anyone for taking some profits........but AAPL will flourish in 2014 and the buyers will soon return.
Sentiment: Strong Buy
What profits, Jan. 2nd this year it closed at 549. Stock has been flat for the year. Are you trying to say people are selling now for a 5 dollar profit? Apple is out of favor. One or more of following need to happen for stock to rise
1. Exciting new product launch
2. Increase in buyback and/or dividend
3. Positive China Mobile news on number of phones sold and/or margin per phone
4. Tim Cook resignation
5. Elimination of weekly options which is cause of stock manipulation by big boys.
6. An actual working and functional PR department that keeps investors informed.
Until then apple could discover a cure for cancer and the stock will still lose ground. Nobody believes in this company anymore. And for that I blame management
why take the profit now and get hit on 2013 taxes? I don't buy into "selling to take profit". If you have a stock that has been a high flyer and is over valued, then yes. APPL while have a pretty good run since July is not close to over valued. If you want to sell an over valued stock, dump Best Buy, Facebook, Tesla or a number of other high flyers. Foolish to sell Apple. The reason why Apple is down again today is again, there are MM's that are controlling the stock price and for now they want to keep it lower.
Correct! Can't even sell Apple profits against 2013 stock losses of other securities because Apple is the only BIG loser (depending on the purchase date) on the 3 major US indexes. It seems every other company's share price did well, very well.
Agreed 100 % with your analysis , AAPL is positioned very well going into 2014 with CM deal and more products in the pipeline. MM are keeping stock down intentionally until details of the deal with CM are out, then new projections and price targets will be raised and push AAPL much higher.
January earnings will be a blowout so there is absolutely no reason to sell right now.
Sentiment: Strong Buy
Indeed, i average 452$ so if i wanted to close this years trading i could sell and take profit but why would i want to do that? I'm long on AAPL because i'm convinced Q4 numbers will be spectacular en guidance for 2014 will be great with the CM deal in mind. but you can't blame people for taking proft from the last 6 months run and moving on to new investments. If you can't stand the heat get out of the kitchen, good luck