Time to change horses since Apple is dead tired while Amazon looks ready to jump 15% plus next week in #D smartphone news. The trend is obvious now as Amazon gains 2% to 4% daily while Apple sells off knowing more competition is coming there way. Got to pull the plug sometime or lose your profits in the flash of an eye.
You sound really-really confused YouB. New the the market? Not quite up to speed on business models? Or maybe products and services? You do realize Apple is the world leader in all the above right? You do realize Apple investors are among the smartest most successful investors in the world right? You do realize that all the top fund managers, institutional investors and analyst in the world all own Apple right? So here comes " You-B " like a duck in a pond, telling the smartest people on the planet where and how to invest...Where do morons like you come from? You need to get an AEA ID so you fit in on here...Now go hump your sister's cat and leave investing to real investors with real money.....LMFAO!
Sentiment: Strong Buy
Seems you have hit a nerve with Apple investors since so many replies. Well the proof in the pudding will be on the 18th, but I have to admit - Amazon looks very strong (company wise - stock wise) going into next week's dog and pony show. If Cook was doing the Amazon presentation I'd be very worried but with Bezos taking center stage I think he will pull a rabbit out of a hat and blow away the competition. Only time will tell but Amazon is climbing daily now as new investors buy stock for next weeks event.
That's Bezos problem---pulling rabbits out of his hat. He might try pulling something out of his hat that will make money. With a p/e of 518, rabbits are cute but not what Amazon needs. Where is the profit?
Ever heard of a diversified portfolio? What makes you or any of the posters on this board take the position that you own either Apple or Amazon? I have both in my portfolio although on a market value more of Apple which has done extremely well for me. Many here talk like Apple is the only stock they own which is not common sense investing regardless of how much one may like the fundamentals of Apple. Putting all your eggs in one basket is a high risk strategy which can lead to a disaster.
So you trade a company that has 150 billion in cash and makes 70k profit every MINUTE of every day for a company that hasn't made a profit in 20 years of business. I know a Nigerian King who would like to talk to you about a sweet business investment. All he needs is your bank account and SS number.
The only way I would buy Amazon is by combining a long position with a put option. The current price is only justified by massive future price increases for consumers after Amazon has a 100% monopoly - if people get the idea that they won't be a monopoly the price will drop 90-95%
Sentiment: Strong Buy
Good move though you're not loved (now) as an amazon investor. Many Apple investors here are now sweating bricks regarding next week's Amazon smartphone presentation. I'm sure that date is one of the reasons Apple stopped moving higher. I'm going to wait to see how the new 3D phone is presented but if its a possible "game changer" I will join you buying Amazon. Just hope it stays under $380 prior to June 18th since I'm not sure I want to buy in around $400 a share.
Watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh watch + laugh