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Apple Inc. Message Board

  • wait4itorsell wait4itorsell Mar 4, 2013 4:58 PM Flag

    Why AAPL will stay cheap

    Many people are overlooking a simple micro trend inside AAPL. As of last quarter AAPL had $7.5 billion in stock repurchase authorization. At a price of $450 (just to make the math easy) they can purchase over 16.5 million shares, compared to purchasing shares at a fair value of $600, or 12.5 million shares. AAPL currently has no incentive to help drive the price higher. AAPL investors should take this in consideration and AAPL traders should also take note. Traders should keep trading and use technical indicators to make as much money as possible. However, if you are an AAPL investor, not a trader who got trapped, keep your shares and the faith. As soon as AAPL has an incentive to raise their share price they will have more then enough weapons to make it happen...P.S. if you are still shorting the stock, please keep shorting the stock, so AAPL can repurchase more shares.

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