Pro's get things wrong all the time. Difference is, they are losing other peoples money. I can remember during the dot bomb era these blowhards pushing stocks that had never made a dime. Many of which never did and are no longer around. Yea, like anyone else, sometimes they get lucky had hit a home run. But typically they strike out.
been holding LT forever in my IRA but I make more swing trading this. Been a good week but I'm out and will have opportunity to buy lower or maybe even puts Monday.
If that's the case you shouldn't own this one. "Don't buy a stock of a small company that has not made a profit". If you're going to make that statement make sure you are following Lymch's advice,
if it dives it's the MM's again. Smart money will remain until fundamentally there is a sell signal.
Never a bad thing to take a profit but I think this rally still has some legs. I have January options in GDX and SLV but too soo to sell IMO. I expect the sector to pull back some today only setting up for the next leg of its rally.
Sentiment: Strong Buy
$3B is nothing for Apple. However, it doesn't give me much confidence in how they run their business from this point forward. Nothing innovative or exciting about buying this company with overpriced headphones and mediocre streaming. Cook thinks he's being cool teaming up with Dre. But Dre's laughing all the way to the bank. I would have preferred the money be used for R&D or repurchase more shares. Will do "zero" for the bottome line.
what you just wrote is what's stupid. Volume is about average. There is no "panic buying".
really going out on a limb with that one. truth is, Apple is a hated stock by many. Seems the sentiment has changed since earnings but I really don't think it will hold. Just a gut feeling but I'm selling here. It's been a good run and it's never a bad time to lock in a profits. Sold my calls Friday. I'm selling my entire holding tomorrow and sitting on the sidelines with cash. S&P at new highs, DOW recently at new high. Euphoria with the NAZ. My hair dresser is talking about the stock market First time ever for me to sell in may and stay away until I sees major correction that is long past due.
I don't follow these analysts but I do follow trends and the trend on this one is down. I'll keep on my radar and "maybe" when the trend reverses I might get back in. But not oly is this stock pathetic, also the companies investor relations is clueless on how to relate to investors...be it very vew investors. What a joke! I might even go short as I see nothing to keep this POS from declining near term. Good luck all! It's going to be a loooong tome before this gets back above 30. Probably will drop below 20 before the end of the week!
This POS just can't get a break. I would average down but until when...5 bucks a share. Think I'll just take my losses. Too many other stocks that have been moving up to hold this one on a prayer.
not sure. earnings weren't that bad but this stock sure has been punished. What really gets me is the company just dents on their hands with no PR release...nothing. The volume stinks and just can't seem to hold any type of gain.
you need to have your hearing checked old man. No one will pay $200 plus for something that is junk.
if you are talking about mutual funds you're way wrong. There is no reason for them to dump their shares tomorrow. Especially with the 7/1 spilt in the near future. HFT's...sure, they will buy and sell 100x over tomorrow. But that's what they do. There's still some upside in the next few weeks with APPL. Mutual funds won't be selling premarket or at any point in the day. Why would they...so they can buy TSLA or TWTR? LMFAO!