aapl pretty much built in the fiscal cliff already. Will stay on low side till Congress takes us over fiscal cliff and option players get tired of playing. AAPL wil stay in this range could be a couple of years doesn't matter if you own stock though, still get nice divis but is hard on traders and hedge funds. aapl is smart doing buyback on the cheap while shorts and longs are pooping in their panties. .
Well looking at the price of MGM, the Dems don't seem supportive either. As far as Reid, he is the Senate Majority leader and it is quite clear he only remembers who puts him in office on election day. The state of the Nevada is in total decline including Vegas.
FB started with 2.2 billion shares. That was one of their biggest mistakes when you look at their projected eps. After the election and the politcal adds disappear(advertising), FB could easily dip another 25% easily. The other large company GOOG after last election was over, dropped from 777 to the low 400s, again the billions spent on poltical advertising dried up. Expecting a major correction for GOOG after the elections is quite probable as well. JMHO gltall longs.
Well thanks for your reply, you beat me to it. The only big problem for the 5 is availabiltiy. You might wait a while before you get it. Sales were over seven million before stock mkt opend this a.m. and the reports of 5 million by some media I found very puzzling. The 5 according to reports is sold out and furthermore in Eastern Europe are being resold for as much as 3500 dollars. That is factual and indicates the demand for the 5 is far higher than anyone has reported in the media. It also indicates the 5 is underpriced, which with an 8 pixil camera (at least $300) and mapping(Tom Toms sell for 150) plus the phone is certainly a deal considering you are only carrying a phone.
Googles run is due to huge spending for election adds just like four years ago when it topped out at 777. After the election it dropped to the 400 range. Other reasons is it has no cash hoard while aapl has 118 billion in cash, is giving a fairly competitive dividend and returning money to the stockholders with a stock buyback. Nothing against google but i believe aapl currently has a lot less downside potential JMHO gltall longs.
are part of todays drop. The calls over 700 are also huge so waiting for expiration of calls is another factor. AAPL has 118 billion in cash, don't panic longs, AAPL is a keeper. jmho gltall longs.
The impact of this verdict has really not hit home. Even the Galxay has software which was ruled AAPL patent infringement. Appl is owed billions of dollars by both Samsung and Goog. Get in on the money, short these two companies and make a killing. As far as AAPL, well only climbing higher jmho glta
Will be quite a while due to the sell off by the insiders. It is possible though if they know how to run the business.glta jmho
at the IPO price and ran with it. That behavior is not a confidence builder for the FB employees or the buying public. Will FB be another Goog? Well let's all hope it won't be another gprn. glta jmho
Responded to a for sale item in aclassified add. Asked the owner why he was selling it at such a low price. His answer was he was moving, a victim of foreclosure. Conversation included he had two short sale offers and brought them to the bank. They refused, they wanted all of it. He bought in the 430s. The seller hit a snag with the appraiser,(really screwed me) his words. The appraisal was in the 130s. Reason for the 130s price was the appraiser only had comps in the area that were foreclosures. Who was the bank? Yup, you guessed it. Foreclosures kick into high gear after Nov. Good luck draw your own conclusions.
Well, I tried to warn ya all. Guess now you know what its like to be the water in the toilet when plop plop splashes in from above. glta longs