Markets are about to make new all time highs and Apple as always lagging. Can someone remind Cook that there is a huge share buyback program in place and now is the time to deploy hard. Especially before the earnings announcement.
Apple takes it all away and then some tomorrow. Just no interest since after the Watch announcement. And if the market is down big tomorrow which I too believe will be, then Apple tanks to 121.50
Really people? It's a watch. It's supposed to have a small screen. This is not intended to be a wrist iPhone or wrist iPad. That is why we have a phone and tablet already. This is exactly what it is supposed to be... A darn Watch. Geeze all mighty, I am sick and tired of people making negative comments about everything Apple creates. And when they don't create then they get the not innovative sarcasm. I just dont get it.... What do they expect from Apple. This watch will be a device that will be stylish, will make a design statement, will make it easier for us to conduct our business, social affairs and day by day activities that we already do on our other devices such as the iPhone. I personally take my phone out of my pocket atleast 100-150 times a day to do simple things such as texting, checking my stock quotes, checking email, news headlines, facebook notifications, and on and on and on... I would love to just glance over at my new Apple Watch and do all of those things without having to reach for my phone 100-150 times a day. Whoever thinks the watch will be a flop, well then dont buy it. Simple as that. Wait 12 months and lets see how many watches Apple manages to sell.
What caused it you ask? I'll answer.... Stock market dropping 300 points and Cook not deploying the share buyback. What a perfect time to buy 10-15 million shares today. Stock would have stabilized and probably been back up at $128
No it doesnt actually. If you havent checked lately, the stock market has rocketed up and basically every stock in the index has just about doubled including the dead dog Cisco. So, Apple is up not because of Cook, its up because everything is up.
This price action in Apple Stock is simply unacceptable. When this stock drops more than 5 points, Tim Cook should come in and buy back shares. This is why he implemented this massive buyback last year and has increased it twice. Why do this and then not use it? Explain. This is what you do to stabilize a stock when it free falls. I hope this is not a repeat of 2013 when Apple fell almost 50% after Wallstreet bullied it and Cook did absolutely nothing. Common Cook, the cash is there... Use it now !!!!!!
Whenever an event is coming up or a new device is coming out, Wallstreet Analysts come out to give their genius opinion of it. Ofcourse, 9 out of 10 always call it a losing bet. Things never change. Then Apple brings out the product and blows it out of the park. Apple honestly could care less about the Watch sales because it will just simply be a hobby for now. Just as iTunes was when it first was developed, and look at it now.
What is the reason for the low volume this week? I would think that with the Markets going higher, the stock having this tremendous recent momentum and the news of the coming dividend and nice share buyback program that this stock would be much more volatile and higher volume each and every day.
I mean I can't complain with the stock price but was expecting this to be at or above $107 by now. Just feels like sluggish sideways movement.
I almost bought back in this morning when we dropped briefly to the 104's but I am so glad I waited. Tomorrow I will get in at a steal. Probably revisit 100 tomorrow and maybe lower. Good luck to all.
Everyone knows that iPads are not a yearly upgradable device for consumers. It is unfair that Wallstreet punishes Apple just because they can not sell as many iPads as they do iPhones. However they still manage to sell 22 million plus units a quarter. It is silly to believe that I as a consumer will pay $499 and above each year to get the new iPad. Instead, Wallstreet should focus on iPhones, iTunes, Macs and the boatload of cash that Apple manages to make quarter after quarter. Oh and di I mention the Dividend and mammoth buyback? Get over it and give Apple the respect it deserves.
If this happens, we will be off to the races. Market will zoom past 18,000
All of these deals with health insurers picking GILD hep C drug as drug of choice is fantastic news. I could not be more excited. The only problem is that these headlines always come out after the stock drops 5-10%. Why couldnt this news with Aetna have come out when GILD was trading at $103-$104 last week? Everytime it just gets the stock back up to a break even. Then after the news we trade back down until the next headline comes out and then again a little pop back up and so on..... This stock has no follow through momentum.