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Apple Inc. Message Board

  • dramatic_move_up dramatic_move_up Dec 5, 2012 12:57 PM Flag

    I tried to help the AAPL longs you sell then get in AMZN on margin somebody grabbed 500 jan 320 calls

    That person will make a fortune off those. AMZN will break right thru its 264 52 week high and then all kinds of hedge funds, mutual funds, daytraders, and swing traders and momo trader will take it right to 285! AMZN is in accumulation mode until its target average of 314-325 Always a Billionaire or the daytraders or Hedge funds always buy the dip heavy in AMZN for ten days in a row so you don't have the margin risk like you do with an aapl. AMZN likes to be down in the morning or early afternoon only to end the day at its highs again and again. If you know how to trade, watch AMZN on level 2 or quotescope 1 whole day and you not only will buy but will feel comfortable going in on margin. Many can't say that about AAPL lately. AMZN competes and frightens AAPL and GOOG everyday yet AMZN market cap is only 115 Billion, look at Googs cap and AAPL cap, then you will see why everyone knows AMZN will be over 300 by Jan 15th and possibly 350 after Jan 31st which will be the best earnings in Amazon history and just a taste of 2013 and the years ahead.

    Money is moving directly out of AAPL with the selling of shares equal to the exact dollar amount that is bought right after a sell in aapl turns into a buy of AMZN throughout the day.

    Sentiment: Strong Buy

106.10+0.10(+0.09%)Aug 31 4:00 PMEDT