How dare you call me a clown! I bought at 486, 500 and 450 so I should work for Ringling Brothers. I hope I'm really laughing later this year. If a $50 stock dropped to $44, would it be a big deal to you - or are you smart enough to do the math?
I bought alittle @ 500 going into earnings....sold @ 460....gonna buy back in the 420s (I hope)....and more if it breaks 400.
This is no First Solar or RIMM....even if nothing new comes out of Apple, no buyback, no dividend increase, no acquisitions, the balance sheet is stellar....even with a huge drop in revenue, this company will remain a profitable venture, unlike Rimm and FSLR. Sure it may see 350, but will more likely see 550. My only concern is when the market corrects, will aapl drop with it or not. Probably dead money over the next few months but think it will recover from free fall. My guess is $550 within 12 months.
I'm here. Sold out at a loss. Going to sit out for a month so I can take a tax loss. While sitting out I'll be doing some active trading of other stocks to try to make back some of the 15% I lost. Then I will evaluate getting back in.
What do you want to know?