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Apple Inc. Message Board

  • leemajors6millyun leemajors6millyun Feb 6, 2013 4:39 PM Flag

    There will be an opportunity tomorrow

    to allow the buyers of all those calls to get out of their positions with a profit by pushing this into the 460's again...

    this may even be pushed up to close at the "so-called" technical levels around 465 on Friday, just so that they can start the call buying all over again and have all the talking heads discuss whether or not it is now back in an uptrend...

    We all know this is an options game now because fundamentally speaking this company has enough cash to do whatever it wants, no debt, low P/E, and still very robust sales...

    So is this company worth 457.35 (close)? 466.50 (high of the day)? 452.68 (low of the day)? 435 (52 week low)? 705 (52 week high)? Somewhere in between? Lower? Higher?

    It is worth what the market makers say it is at any given time based on their current positions

106.94-0.63(-0.59%)Aug 26 4:00 PMEDT