I'm sure Apple run caused some hot money folks to cash in Google shares to buy Apple but......Google traded up in a down market Friday and traded 4.3 million shares,about twice normal volume and was up.Today it traded 1.7 M and couldn't get a bounce all day. Thoughts?
This stock could surprise to the upside in October as well. Everyone who has shorted this on a long term basis has been shot through hot grease.No solid reason to short this yet, unless you're the "Hail Mary" type of shorter.
1) The company really finalizes a GOOD deal with CM. 2) Initial sales of the new phones far exceed market expectations 3) The company announces a huge buyback or dividend increase 4) Huge TWEET from someone 5) Cook is released.
The company has to do something pronto.Hope against hope,if they don't the stock will be sub $400 in the very near future.
I think I know why the store was empty,by your post it was Sunday at 7:45 AM.Here in the US most stores aren't open on Sunday.
Very well written.I agree with your synopsis and have positioned accordingly.My observation is that this stock is even more highly controlled by hedge fund actions , vis- a -vis them chasing hot money stocks like CRM, TLSA and taking money out of AAPL,GOOG and PCLN to do so.Funny how when Google and Priceline were hot numbers a few weeks back Apple was not.The ICahn tweet helped but there needs to be solid news for there to be a sustained rise of any magnitude.Maybe this is an overly simplistic view.GLTA
If you were holding outright and followed his tip to sell calls,you'd be many dollars ahead,unless your timing was bad. Let's make this be a place to share ideas so everyone can make more money.Attacking people with hate posts that have a different point of view stifles that and costs everyone money via forgone profits in the long run. Does that make sense?
It's reasonable to assume that the release will be in September.See recent news on AT&T blacking out vacation days for late September.For me,being long, it's how the new product(s) will be received.At the end of the day,initial reception of the product(s) and sales will be the reason the stock goes up or down long term.
Bump.Trade in for good price will allow people (like me) to rationalize buying new Iphone.
Almost any calls other than this week's look tempting. But this stock just can't seem to find support.The 13 day chart shows 9 out of 13 days down.For me,I won't buy calls until we have at least 2 up days in a row that have decent volume.Just my 2 cents.I hope you make a bundle on the Sept 850's.
As shown by PPS after trading resumed today.We'll see how much his latest tweet is worth tomorrow.Funds and institutions love the pressure/publicity of a larger buyback.I'm thinking his tweet will be worth 1% minimum.or $5 plus.
Don't bank on Apple plunging after it reopens...whenever it does.I think the exchange was hacked by someone or a group that had big put positions in Apple.Whatever it is,or was, will come to light.I think the down volume was based on bogus quotes.Don't short Apple when it reopens! GLTA.
Agreed.There may be a little "tree shaking" tomorrow,but appears it will close higher due to strong sentiment.
For some reason, I don't think a movie the company refers to as "Unauthorized" will have any real bearing on the share price. That being said,it's millions of dollars of free advertising for the company so I'm all for it
His disclosure was sure better than him saying something like "I sold my entire stake today,the stock is overbought".IMHO,his disclosure was the sign for the "Hot Money" folks to jump in and at least ride it for $50.00.Maybe an overly optimistic view,but we'll see what happens to the share price 10 hours from now.