It's against SEC regulations to "manage sales," yet that is exactly what Apple does every year at this time. They only produce the number of new phones they need to make their current quarter target. If they were to produce more and have orders for them, but not ship just to save the sales for the next quarter, that would be illegal. So, the fact that they are unable to ship all the orders is expected. I suspect that will be off backorder by the end of this next quarter........................unless they want to save more sales for the next.
A lot of $100 options expire today. Can't help but wonder if we won't see $100 sometime today.
Maybe. However, with all the $100 options on the table for tomorrow, I would be surprised if we don't see a battle at that level sometime tomorrow afternoon.
When my last watch broke, I didn't bother replacing it because I always had the time available on my phone. That said, I will buy the iWatch for the health features and convenience of not always depending upon pulling out my phone, including to pay for things with Apple Pay (which may have been the most financially exciting announcement today, if only we knew how to value it). I suspect a few tens of millions of other people will do the same.
Wouldn't touch Alibaba. Was CEO of a public company with dealings in China. Wouldn't trust any number out of China or a company from China. Could be why the offering documents keep changing as the US bankers keep finding out more truths.
LOL. Actually, divide that by 7. So, whatever 112,500 times 1/7 of $418+ is. But, I am not selling nor is the stock heading to the $80's. It my go to $94 or $95, but who really cares. It will go up substantively based on the new technologies, China Mobile and IBM deals and won't take long to do so. In the meantime, fishing is great this time of year.
Yes, blind. Yet, I bought over 100,000 shares at an average cost basis of less than $420, so perhaps it's not so bad to be blind.
You are clueless about how stocks trade. The substance of what they presented today was spectacular and the stock will trade at $120+ by year-end. Yet, there are those who sell on the news and those who may be taking profits for the Alibaba IPO. But, the idea that the new products are not going to generate substantive additional profits is absurd.
The new offering represents a tremendous amount of profit potential in the coming year or two and the stock will react once the trading and Alibaba IPO are past. I would be surprised, even in a bad market, if Apple isn't trading at $120+ by year-end. A few key things today include 1) the subsidy model is alive and well as evidenced by VZ offering the iPhone 6 for free with a trade-in (they need Apple for the data usage more than they need to reduce the subsidies), 2) Apple Pay is going to gain a foothold quickly and has not been included in any analyst models, so upgrades are on the way, and 3) the iWatch can be a margin enhancer with the higher priced models and while magnitude and pace of adoption is unknown, I want several for family and I am sure others will want them too, especially those interested in the health and fitness utility.
Apple has big Mondays nearly every week. The best investment anyone could make is to buy big on any down movement on Thursday or Friday and simply hold until late Monday. Tuesday is often very positive as well. Wednesday thru Friday is usually a crap shoot. That said, I agree with you. It's end of month and many money managers will want to show Apple in their portfolio given its rise. Also, with the date official and rumors rampant, they will want to buy Tuesday morning when they return from vacation en masse.
Last time around, I bought my trading position at $13.45 and you or someone else said they were waiting for $13 and was right. I exited my $13.45 trade at $14.70 along with the 25% of my highest cost long position that was purchased at $14.70 as it was my highest priced long position and my hope was to be able to increase the size of my trading positions. Fortunately, that has worked out nicely. I agree VALE will be much higher in the future and I am satisfied with my sub-$14 long and knowing I have already locked in my long-term capital gains rate when that time comes. That's a long-winded way of saying I just put a bid in at $12.95 to start a new trade.
U r missing point. If KMI is no longer an MLP in the coming weeks, then, the funds with charters to invest in MLPs will reallocate funding. It's just a fact.
The 38% cut in subsidies announced last evening will hurt Apple in China and with all three carriers cutting subsidies at the governments demand it could take a lot of wind out of the sails. Still, CM will get iPhone 6 in the first round.
If I'm not mistaken, they go ex-dividend tomorrow and we are in a sell the news market at the moment, so I would think it would take a very strong report for them to be green tomorrow. For me, I will be satisfied if they say nothing that causes me concern re: the viability of the business model and that they are making progress with the BRY and DVN deals with an improving pay-out ratio. Otherwise, I will enjoy my monthly distributions and enjoy the show. What the stock does is not my primary concern. GLTA
You must have missed the results and call, so let me fill you in. Cash flow was up and already sufficient to cover the dividend. Cash flow is forecast to increase further in 2H14 due to higher volume, lower cap-ex and anticipated higher I/O prices. More likely to see a special additional dividend than a cut.