It didn't sell "hard" in to the close. The gains held up quite well. It closed down only slightly lower because the overall market dropped precipitously.
Sounds like you're on the right track and doing your research. Please, just let us know when to get in and out and you'll be the most beloved person on this board.
Well, today's action truly underscores the importance of not relying on guesses in the stock market. They say do not try to catch a falling knife. Equally important, one should not try to get in front of a runaway train. It works both ways.
Unfortunately I didn't see you make such uncanny prognostications before the results. Now everyone's relentlessly spewing out random guesses.
What did I tell you? Sorry, had to pat myself in the back a little bit.
Your ambivalence is understandable, especially considering that Goog and Msft dropped after results came out. Also, it's always better to be cautious and avoid a possible big drop once earnings come out. Having said that, there's already a lot of pessimism out there about these stocks and a "bad" report might have already been reflected in the stock price (especially by Thursday afternoon). I guess it's important to see how the stock performs in the coming days. Nevertheless, I just have a gut feeling that Amzn will soar after the results come out. I know this is not a very prudent way of approaching trading/investing, but the skyrocketing sales may just be enough to propel it higher. Yes, they could miss analysts' inflated estimates, but even an eps of 50 might push it higher. Icertainly wouldn't recommend anyone to hold or buy based on those statements; however, your idea of taking some off the table and leaving some in there--provided you can withstand a potential drop-- seems to be a wise one.
Twenty years ago a "renowned" fortune teller appearing on a popular television talk show solemnly and confidently prognosticated that Saddam Hussein will die someday. Of course, more than a decade later, the Iraqi ruler was removed from power, captured, prosecuted and executed. I liken the highly thought of fortune teller's prophecy which, by the way, made no mention of any of those other events, to our beloved analysts' wild and arbitrary statements about Apple stock's likely future price appreciation. They keep making these mouth watering predictions (that never come true) but, like the fortune teller, fail to include any specifics-- exactly when, a week, a month, a year or a decade from now?
Ok. I will prophecy right here on this message board that the U.S. national soccer team will win the World Cup someday. Of course we all know that the U.S. team will someday reach that coveted goal. But without tying that to a specific time frame, the prediction is meaningless. So, I'd like to ask our highly respected analysts: When will the 50 or 60 percent price appreciation in aapl stock likely take place? Even a vague timeline will do.
Aapl, in the meantime, keeps languishing and regressing while these analysts keep making quixotic
statements as to how bright its future is going to be.
It certainly does look cursed. It only seems to go up when it's ridiculously oversold and then it tends to regress to its pathetic base again. Investing in this stock doesn't even reflect the rate of profit the company accrues year after year. Where's the logic?
Just sold all my Goog shares at a loss. The volume in this stock has been pathetic. No real news; nothing that inspires any interest in the stock--at least not in the short term. All of that is of course compounded by insider selling, which must have further eroded confidence in the stock. I wonder if this sideway action will serve as catalyst for further sell off, especially considering diminishing corporate earnings that are currently being projected. We'll see.
Does the paucity of the messages on this board reflect the astonishingly low volume generated on a nearly daily basis? I suppose in hindsight we should have taken our cue from some of the insiders who sold shares earlier this month. Sometimes foresight works real wonder, if you know what I mean. This is what I don't get: The company last released stellar earnings, is aggressively moving into Cloud and is being positively and profusely peddled by every investment bank. Amzn and Tsla, on the other hand, hardly generate any profit (at least not yet) but their stocks are going through the roof. And with Goog, unlike the other two, the stock has been languishing in the absence of any tangibly negative news. Maybe that's what it needs, some real negative feedback to help it move up. Could we get some comments?
That they know the stock is going nowhere in the short term and will continue languishing for some time? It's interesting that the stock's been trading sideways for more than a week and it's consistently kept under 740. The action in amzn, on the other hand, has been more straightforward; it dropped precipitously for a couple of days and then roared back yesterday and today. Goog, on the other hand, has produced solid earnings, been consistently given a vote of confidence by analysts and has been increasing its share of customers in cloud technology. And yet-- it keeps languishing, all in the absence of negative news.
Who's trying to keep it below that level?
Tsla has hardly any earnings yet it gains nearly 3 percent every day. Goog, on the other hand, reports stellar earnings, has buy recommendations from numerous analysts and is on the cusp of introducing life transforming innovations; yet its stock keeps languishing.
Could the experts out there enlighten us?
Is this another one step forward, two steps back, or is there some momentum here.? Is it simply short covering--again?
Does anyone know what is going on with this stock? Are there any technical analysts or those who rely on fundamentals (or both) who can tell us what is happening with this company? The stock is broken on bad days and it's stagnant on great days like today. TSLA was up 7 percent today, AMZN up nearly 5 percent and FB up 2.5 percent. GOOG, despite its great earnings, up a measly 0,76 percent. It's like the stock is dying to crash-if the market is down tomorrow, it'll probably be down 2 percent or more,
So, where are the executives? are they sleep walking? We know some have sold shares, but there's no bad news associated with the company. Is the board doing anything? Are the share holders concerned?
Market is up over 300 points and this stock is down 70 pennies--yes, down. it's been down 7 of the last 8 days, and the up day has been a meager one. Is the board of directors trying to do anything about this rapid shareholder evaporation of profit? I remember a couple of years ago when apple began to plummet its shareholders were up in arms. Lately, many companies, including amzn, have initiated a stock buyback program, We've heard about goog ceo's massive raise, but there's no word as to how they plan to turn things around for their shareholders. I called one of their offices and the lady who answered the phone was rude and dismissive. How does an employee of a legitimate, renowned company get away with talking to a shareholder in such an condescending and unpleasant manner? Will the shareholders demand some answers?