The last such Barron's article rocketed AAPL up 12.9% in two weeks--and that was without ER on horizon
Today's Barron's article coupled with the anticipation of the ER in only 8 trading days will not only put a floor under APPL, it will probably send it on a healthy runup prior to the report. Furthermore, the announcement of the long-awaited deal with China Mobile now seems just around the corner.
If AAPL is making pornographic profits, the stock will blow past 600 faster than Nancy Pelosi running for a Botox injection.
I reiterate my call of two days ago: AAPL made its 2013 (and 2014) low at 12:57 pm on Jan 10 at $515.52. If I'm wrong, I will post the mother of all mea culpas.
Contrary opinions and wagers accepted but play nice, boys and girls.
Yes, Comp, I agree. I am long a small amount of shares and a number of vertical call spreads with varying 2013 expiry dates. I have only one Jan 18 spread slightly OTM on which I have not given up hope. Seems like a runup this week is not impossible, but more likely after the 18th, as you posit.