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Apple Inc. Message Board

  • sameas55 sameas55 Mar 18, 2013 10:03 AM Flag

    Today close up above 450!

    Great strength and Samsung hype over!!.

    Sentiment: Strong Buy

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    • Apple shareholders: Hold on tight and don’t play Wall Street’s game

      Sentiment: Strong Buy

      • 1 Reply to sameas55
      • “On 2/6, I wrote an article touting Apple’s (AAPL) upside potential. Over a month later, and after some share price volatility, we are back right where we were (after adjusting for dividends). Although not much has happened in the intervening time, journalists and bloggers can’t help but put out sensational headlines and traders can’t help but trade up and down the stock,” Baolan Guo writes for Seeking Alpha. “For us long-term shareholders, all this spectacle is very entertaining – but only if you can rise above it.”
        “A friend of mine who only a month ago purchased shares of Apple at ~$450/share asked me a few days ago if he should sell everything at $435/share. Apparently, the volatility has gotten to him. ‘Don’t play Wall Street’s game!’ I told him,” Guo writes. “Wall Street is designed to move money around – the more money that moves around, the more they make. Sell side analysts change their “target price” every month or so, as if their models can accurately digest all new “information” and spit out a precise intrinsic value. My best advice on dealing with sell side research is to look at their data, but ignore their conclusions.”

        Guo writes, “Don’t play Wall Street’s game, guys. Unless you are one of them, you can only lose.”

    • I hope so but not sure. Volume seems to be slowing down considerably in the last hour...

    • The dividend raise is coming soon. Feel it in my guts!!!.

      Sentiment: Strong Buy

    • It appears that you will be correct, late day spike above 450.

106.1463-0.6737(-0.63%)11:03 AMEDT