It has been my experience in past years, when you believe the market is overvalued and should be coming down, it continues to go up for another 6 months to 1 year (thinking back to 1999).
Maybe the institutions are currently, carefully increasing their Short positions, and will profit from a correction as we get closer to October when the Fed is expected to increase rates?
btw, NFLX appears to be a growth story (their comment about expanding through Europe, which I thought was old news, but the buyers apparently think differently), and their profit margin has increased tremendously over the past years.
And the advancement of SmartTV's with a pre-loaded NetFlix shortcut doesn't help with your Puts play.
I am not so sure their time of 'correction' will come (other than the stock price remaining stagnant for a while), as I view them as a new type of Cable movie channel connected via the Internet, that is not associated with Cable TV packages.
Sure, the price will fluctuate and you might be able to play it just right to cash out a profit, but what will stand in the way of their momentum?
Just read the 10-Q filed May 20, 2014 ... page F-10:
"The Company also has intentions to dispose of its 100% equity interest in BAK International and its subsidiaries (including all their assets and liabilities), and the properties in Tianjin. Prior to the completion of these disposals, the potential buyers lent amounts to the Company.
In December 2013 and January 2014, Mr Jinghui Wang, the sole shareholder of the potential buyer of BAK International, lent a total of $83.7 million (RMB520 million to the Company which is secured by the Company's 100% equity interest in BAK International (the Shares), guaranteed by BAK International and the Company (collectively the Collateral), bearing interest at 20% per annum and repayable by March 31, 2014. In April 2014, the Company received a notice from Mr Wang following the Company's default on repayment of loans and interest accruing up to March 31, 2014 totaling $87.7 million (RMB545 million), demanding immediate payment."
Not exactly the most professional way of selling assets, but it works.
AND, they were able to benefit from the facility's production for 6 months, interest-free!
"Chinese production and consumption of coal increased for the 13th consecutive year in 2012."
Which part of that statement do you not understand?
How do you translate that to mean "they are very large producers of green energy"?
"What we know is that ABAT has three large production facilities. We know one is new and the other two are upgraded."
Well, you do not actually KNOW this; rather, this is what you were told by ABAT many years ago.
Of course, ABAT has not told you anything as of late.
Anyone try to contact that gmail account that supposedly belongs to ABAT? Are they still considering to have a meeting to discuss what their next possible actions might be?
"...Apple Care to service any complaints."
- What Apple Care rep is going to be able to troubleshoot every app on an iMachine?
"It fills the huge corporate void left by Blackberry."
- If corporations were waiting to fill a void left by Blackberry, they would be out of business by now! Those corporations have ALREADY moved on years ago, with some percentage having already gone to Apple!
And just how easy do you think it is for a large corporation to completely overhaul their computerized business operations? Do you have a clue as to how many large corporations are years behind in software upgrades (i.e. Microsoft SQL Server)?
Anyone with corporate business experience will tell you, upgrading to the latest version of the software that helps run your business, is usually NOT a welcome experience.
"Aapl has infiltrated enterprise thru a program called BYOD bring your own device thus penetrating corporations at a high rate with the iPhone and iPad."
"The IBM deal changes all that and apple is set to sell millions of devices to corporations...."
"It boggles the mind how stupid analysts are."
So what you are saying is, Aapl has ALREADY infiltrated enterprise and ALREADY has penetrated corporations at a high rate?
But this new deal with IBM is supposed to mean, enterprise and corporations will be a NEW area of sales for Aapl to tap into?
And you are calling the ANALYSTS stupid?
How about you answer the question - WHY does Apple NEED to do a deal like this?
C'mon 'mr. apple expert', tell us about Apple's WEAKNESS that required them to work out such a deal?
"If anything this is the perfect time to buy aapl and many of the greatest investors have
already done so."
And therein lies the contradiction within your statement. If many of the "great investors" have already bought their full allotment of shares, then who else will have the funds to buy&hold shares to drive the stock price much higher? It is times like these, when those "great investors" have already acquired their full allotment, that your risk of buying&holding shares is at its greatest; because, those "great investors" could dump a portion of their holdings which would have a noticeably negative impact. Much like what we saw happen when AAPL's stock price dropped below $400 per share, pre-split ... THAT was a much more "perfect time to buy aapl" than now. And I would normally compliment and give credit to the person who 'called it', but then, you are ALWAYS calling it a time to buy AAPL shares, so you do NOT get credit.
"The smart watch that aapl comes out with...."
You do realize how contradictory that idea is to what aapl is now doing, right? They are ENLARGING the screen size of their iPhones! And you honestly believe a watch with a tiny screen is meant to be the next great advancement? Have you noticed during the past 10 years, how the majority of people have replaced their watches with their cell phones, for keeping track of the time and date?
"... because apple will have invented a new way to live just like people can't do without a smartphone."
apple did NOT invent the smartphone! (Unless your definition of a smartphone differs from the rest of the world, which it probably does)
"with you I will cease"
You just can't help yourself.
As for appl's investment in fitness and health, my opinion is that it is fluff, and will have no significant impact regarding revenue dollars.
Simply put, if most people were so concerned with fitness and health, most people would not be overweight/obese.
Perhaps you should broaden your thinking with a little research on how many people participate in 5K runs AND finish with a time of under 30 minutes (those will be the participants who actually run most or all of the entire race, and not walk it), keeping in mind that many 5K races within a 20 mile radius of each other often contain about 50% of the same participants. AND then, of course, you will have to narrow down your numbers even further when you factor out those participants who do NOT own iPhones.
My point is, you continue to promote appl's next best guess at what the public masses are going to want based ONLY on what appl publicizes for you to see and without doing any 'outside' research yourself, but the target audience in this case is extremely small, IMO.
Your critical thinking skills are lacking.
As for aapl's future, consider this ... BEFORE the iPhone and iPad, what was aapl's biggest, likewise, popular achievement? And if aapl was so clever in coming up with many popular items, why has their production of popular items ONLY been continuous upgrades of the SAME products?
Remember the Sony walkman? And Sony was known for producing high-end, quality products ... how does Sony stack up now?
"What you are saying is the world's greatest innovator is incapable of doing something...."
Who exactly are you referring to, when you state, "the world's greatest innovator" ?
Is this person alive?
Does this person actually write code for aapl's maps program?
Do you know what you are talking about?
Did you lose track of the subject of my post that you were replying to?
"I spend hours every single day dedicated to aapl's every move...."
Unless you have current, first-hand knowledge of the information communicated between appl executive managers, the time you are spending is wasted.
Case-in-point, you were a big promoter of ABAT for a number of years as well, even AFTER the 'short'-fall.
Apparently, that generic "148 IQ" you speak of, is as worthless as ABAT stock; otherwise, you would have been alert enough and wise enough (like ME - I thought I would throw in a self-complimentary comment, like you do ;) to get out of your ABAT investment early on, before the price dropped further below $2.
Which would lead me to believe, my "IQ" number must be much higher than yours.
"The idea that you can steal and buy your way into a market can never work long term."
You never heard of the company named Microsoft, have you?
And their little program named Internet Explorer?
They DID steal and buy their way into a market, and it worked for 20+ years! Or is that not "long term" enough for you?
"Taking one area out of context as if you are some expert...."
Well, I do work as a software developer, and have done so for many years.
As well, I am a state-certified Math teacher grades 6-12.
So mapping simple grid locations - yes, I know what I am talking about.
And since you touted yourself as an aapl expert (i.e. "...regarding aapl because I am an expert on them."), what are your credentials to validate such a statement?
What did you always know about AAPL?
That their maps program on their iPhone is ridiculously horrible?
My g/f owns an iPhone 5, tried to map an address that was sent to her in a text, and the maps program showed an address MILES away from the correct location!
And to realize just how bad this is, the city here is set up like a numeric, rectangular grid; streets running E-W, and avenues running N-S.
Absolutely ridiculous that a maps program can't handle it!
ABAT has ISSUED more shares during the past 3 years, NOT bought shares.
You have no idea what the outstanding share count is now.
You discover that someone's life is extremely pathetic, when the only thing they discuss on a stock message board is another poster.
I wonder how long until " 'sMOM" and " 'sDAD" aliases start posting messages on behalf of these cry-babies?
"you cannot short a stock that is under 5.00"
That is a 100% lie!
And IF you even had a REAL online brokerage account, you could verify this for yourself by placing a trade to short shares of a company that is priced under $5.00
For example, SIRI is currently priced at $3.43 -- well under $5.00
Place a trade to sell short 1 share of SIRI at $4.00
Of course it won't fill, but the order WILL be placed!
Then go ahead and cancel the order, because this was only a verification test to see if it could be done - and it CAN!
"Google ABAT at CIBF 2014"
OK, did that.
I only saw one article dated Jul 1, 2008 -- 5 years ago!
I take it, you are attempting to convince readers ABAT is a 'has-been' company?