there is our 127 again!
Forward P/E is lower? higher earnings and lower float..both positive
Hedge Funds must be paying to shut this community down..?
Show up or never appear here again.
If I am not there start without me.
I only post this RECAP to get you to think about 2016.
As a shareholder in any stock the tools you have at your disposal.
As I said then, the " downgrade" analyst was a rabbit in a race of greyhounds.
I've seen it all watching AAPL over the years
that downgrade was a "head feint" to allow sort covering..
on four trades at a $110 cost basis..
Numbers do not lie
for those who did this back mid Jan...
The day of earnings the Jan 2016 $110 call sold for $10 not $13...On Jan 14 it sold for $13
Bought the Feb 6 $110 call for $3.65 then sold it for $10....$6.50 profit...This was posted on several web sites..here first!!!
Total cash: $6.50 taxable and $13 tax deferred to date.
However, this Jan 2016 $110 call now sells for $9.50 but could be closed out for $9.50...$4 profit then a Jan 2017 call can be sold for $$9 to $19.
Do the math...how much cash does this cash does this add up to:
$6.50 + $4 + $19 = $29.50 plus AAPL dividend of $2.05.
This is a RECAP as a learning lesson...nothing more; nothing less
anywhere rom $10 to $40 per share in your pockets this year....
posted here at real time for ALL.
Tomorrow is another day...take this week off
So, it makes more sense in closing out the Jan 2016 $110 calls then selling the Jan 2017 $110 calls for an additional $9+.
Earlier I suggested closing out the Jan 2016 $110 calls then selling the Jan 2017 $130 calls..Not a smart move!
Both have a giveaway at $130 but the $110 ply puts the additional $9 per share in your pocket,
This ia ONLT a play for those who did my Jan 2015 suggestion in mud Jan 2015 and who have a $110 cost basis