You should be one to talk about coming clean. You've gotton your #$%$ handed you today 'no son of mine'.
they don't traded with real money.
Didn't you call a Max Pain of 117 this week? No you post this. Which is it???
Let it go. No one wants to read about your school yard fight. The board is bad enough as it is....
Morgan Stanley also addresses Apple's position in China, which some analysts expressed concern about after the company's latest earnings report. In the third quarter, Apple's sales in China were up 87% from the prior year but down from the prior quarter. Overall iPhone sales also missed expectations.
"We don't expect Apple to be fully immune to [a] weak China," Morgan Stanley writes, "but we'd highlight smartphones over $300 taking share as a sign Apple is converting previously midmarket smartphone purchasers to their platform."
The firm also notes that its AlphaWise Smartphone Tracker indicates iPhone demand of 53.5 million units in the September quarter; Morgan Stanley's current estimate stands at 49 million.
If you are so good i don't recall you saying buy below 113? Right?
Maybe you should 'wake up' and realize AEA isn't that good or you wouldn't be on a Yahoo message board...lol.
Apple (AAPL) is in rare territory, now almost 10 percent below its 50-day moving average, a 3.5 standard deviation (SD) move.
That is very rare territory. It has only been in this range seven times, or 0.1 percent of all trading days since 1990, according to our partners at Kensho.
In each of the seven times the next move has been higher, reverting to its mean. The average time before moving higher over those seven times was 1.9 days.
Read More Apple stock implosion shreds $113.4B
Here are the times it was trading in a range of 3.25 to 3.50 SD's below the 50-day moving average:
09/17/2008 - 09/18/2008
06/19/2002 - 06/20/2002
10/03/2000 - 10/04/2000
10/24/1997 - 10/27/1997
10/20/1997 - 10/21/1997
07/01/1997 - 07/02/1997
06/18/1992 - 06/19/1992
Bank of America's downgrade of Apple today (on deceleration of iPhone) may put even more pressure on the stock, but the point is, it is due for a bounce.
For those looking for a statistics primer: One standard deviation means there is a 68.2 percent chance it will stay within a given range from the mean, in this case the 50-day moving average.
Two standard deviations means there is a 95 percent chance it will be within a given range; three standard deviations means it is 99.7 percent within a given range, and when you get toward four standard deviations...well, it doesn't happen very often, and that's what gets quants and other statistical types to sit up and take notice.
The stock went from 120 to 130 so what;s your point? Your boss completely missed the call on that trade. I don't buy and hold. I trade and each trade is different.
You are bringing up old history that is total irrelevant. I would have had much more respect for you admitting that you were wrong than sending me a childish email.
besides 'even a bling man will hit a tree once in a while'......lol.
I have been here for ten years and will be for twenty more......
If you are hedging then you pay taxes on your hedge? So your point is frivolous.
and that was very poor stewardship of capital. Not all of Job's decisions were good ones....
I guess you never took accounting?...lol.
Apple sold low yielding Bonds to raise part of the cash to buyback shares. Apple also used some of its domestic cash balance to buy shares. The interest paid out is an Interest Expense and therefore deductible from earnings which lowers taxes payable.