As I posted yesterday:
I based this on the fact that apple always sells off on the news, if you have been waiting to get into apple, today may be the day. Apple will go to $600-$700 range, just a waiting game now. Let the gamblers have their day, the investors will have theirs when the dust settles.
One of the reasons that the stock is moving so well is that the chances of it not getting approved are slim to none.
How do you claim actual value on something whose price is determined by its future potential, look at netflix and amazon etc, no the investment is not what it is but the promise of what it will become, FB has a very promising future, the price today will be considered low when we look back at it next year and beyond.
They must be, they are one of the richest companies the world has ever seen and they keep making fools of the analysts.
My kids want them over the more expensive models, ATT says pre orders are off the charts and the Asian market is going to go for them in a big way, according to consumers in Asia. I think there must be a giant scam going on by the Analysts to buy shares cheap because everything points to Apple getting it right.
And I think Carl Ichan got it right too!
High end sells in China and they are hitting another one out of the park. Pay no attention to the wanna be analysts who have missed at every turn, they just want to get in low, but it won't stay this low for long. Apple is a $700. stock on sale!
PCYC are doing everything right, building strenght behind them as they move forward, could see a nice move on the stock today but I would rather see a slow but strong rise into the future.
You must decide if you want to be a gambler or an investor, if the latter then wait and be rewarded, it's not always a quick return.
The numbers in the report John Boehner has,say it will return a profit of $109 Billion in the first several years.
Hopefully it will save the taxpayers a fortune by keeping the uninsured out of the emergency rooms for one thing.
It drifts lower, very strange action with such blockbuster news immanent which may drive this to the $300 range eventually.
Sentiment: Strong Buy
What a couple of wimps, investing is different than gambling, wait for the reward because this stock is under valued.
Carl is waiting...
You can have a Rolex or a knock off, if you are happy with the knock off so be it!