Only 6 points away from 195 on GS!!!
I wonder if it will zoom past into 200?
I will probably roll over my GS into some MA calls later this week. Hopefully MA will not go crazy.
GET IN THERE SHORTS!! push this one down!!!
the reason GS is underperforming today is basically cause of how little it has to move to get to 200+...for example just a 10% move(which is very possible on earnings)..takes it to 204..so its cool i guess SPX heads to 1100..b4 oct..
also like that MA underperforms..damn i wish it stays at 200 till next week..am a scoop up a bundle of calls..MA----->240 by nov 3rd
bought puts...if AAPL hits $200 they will be trading at almost 29x 2011 estimates...$210...30X...they are only expected to grow at 18%...that is after all the analysts upgrades...all this hype feels just like RIMM...30x is to higher...$175 will be reached before earnings and probably below $170...I am going against the grain.
I am hoping it has the "end of the day pop" as it sometimes does- it isn't setting the world on fire w/ it's move today, but yes, great volume!! GO MA!! Once it gets some upward momentum, it will scream! 230-245?? nice upgrade...buy buy buy!!!!!!!!!!!
I am starting to think about getting some puts on AAPL...if RIMM os only worth 13.75X 2011 earnings...there is no way that AAPL is worth 28 with a slower growth rate...I think whatever AAPL reports the markets is going to take it lower...I should probably apply that to all my holdings, and I do not have a position in AAPL...but it looks like there is more downside risk to aapl with so many analysts being positive on it...just setting it up for a 10%+ correction...lower
jefferey, I'm VERY bullish on AAPL.
You are comparing apples to oranges (excuse the pun).
AAPL has tons of stuff that RIMM does not. RIMM is a smart phone play. AAPL has ipods, laptops, iphones, etc.
I see it hit 200 before it's earnings easily. It has been given 235-265 price targets!