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Apple Inc. Message Board

  • timberrr23 timberrr23 Jan 27, 2014 4:04 AM Flag

    Going down to 500 pin on Friday

    The most logical thing to expect is for Apple to climb to 580.00 AH when they report incredible numbers. But then it will dip down to 550 quickly Tuesday morning on profit taking and the hardliners will force it down to 500 and squeeze out the call option holders before increasing their positions pre-market each Monday. This stock will then gradually and incrementally move up to 650, but I mean gradually, over many months. If you are buying options, buy them for 2015 and your golden.

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    • And what about a BREAKAWAY GAP UP? Those kinds of moves are based upon a change in fundamentals (improving, obviously) and THOSE gaps are rarely filled. Well, we're getting some new, important data points today at around 4:30PM EST, and if those data points (ER) suggest that AAPL is far too cheap at current levels, then we will get the same kind of breakaway gap up that NFLX enjoys - although NFLX is at ALL-TIME highs with no resistance above, whereas AAPL is around 200pts from ITS all-time highs.

      I'm predicting an 8-12% breakaway gap higher tonight after AAPL reports results, and I do NOT expect that gap to be filled outside of a market-wide meltdown for some unforeseen MACRO crisis... and NO, this nonsense about Turkey's currency or SE Asian currencies does not qualify as the kind of crisis I'm talking about... Next stop $590-605.

      Sentiment: Buy

    • Sound advice. Stay away from short term options. BUT I ALREADY HAVE THEM!!!!!

      Sentiment: Strong Buy

 
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