Besides analysts slashing their earnings estimates for the remainder of
2015 and 2016, what about the huge off-balance liabilities of $9 + billion.
Currently short the May 15, 2015 $560 puts, so a dip below $540 will be negative.
Sell at these ridiculous level and buy back below $460.
The Shanghai and Hong Kong markets are up nicely yet the US futures are
Down , blaming negative info out of China.
Rather puzzling !!
Currently +41 and Nasdaq +7 - hope this holds up
BUT Friday afternoon had a drastic pullback.
Market due for a correction and AAPL has been disappointing.
What a difference a day makes.
AAPL started trading this morning with a sight gain
and then a sell off. Then suddenly it changed course
and never looked back.
Will be cautious the next few days to see a trend reversal,
Baidu is a must own stock currently under accumulation.
Stay patient for an eventual break out from this accumulation
pattern - BIDU can easily retrace back to above $220.
Earnings missed by 5 cents while revenue slightly exceeded expectations
For the fourth quarter, 2014.
currently a hold but expect stock price to rebound after April 2105.
Selling below $200 will only bring regrets sooner than later.
There are no better growth prospects other than BIDU and it will
Be rather foolhardiness to panic and sell.
A real bargain, considering it traded much higher the last two months north of $245.
The fourth quarter was very respectable despite the higher than expected promotional expenses.
Expect the stock price to rebound quickly after the initial sell off.
Sentiment: Strong Buy