$50+ million in cash and they seem bullish on the future. Revs seem quite good and some nice design wins so if they believe in the future, pick up some shares.
Apparently not cheap enough yet. The company or any member of management has yet to buy any stock, so why should you. However, theyvhave no problem issuing more stock options…
Exactly, as is the bad news of raising rates because the economy appears to be better which IS further bad news which tanks the market so they cannot raise rates in June which is good news......until it's not and we start over. Lol
Is the buy back. This feels like a bloated stock that so wants an 8 handle. I guess it's not bad thing if Apple is in fact buying back shares in earnest........if you believe in the future.
Every day through next Tuesday this dog will be buying 18ish and selling mid 15s. Massive Contango between near month Vix and 2nd month. This going to get slaughtered unless we get a further 2% correction in the next week. Could happen I suppose.
Gold broke the highs on the way to 1300ish. Now putting in a small bullish flag while still holding 1270. I would be very surprised if we don't challenge the highs above $1300 at least once. When we get there is when it gets interesting. Failure or off to the races??
Well, we had the touch and go of the break today. Held and bounced up a bit. Interesting to see if it holds. If so, should make another run at $1300/ounce quick.
I say lets make it 10! I went back a couple years and cannot see a bigger losing streak than what we are seeing now. I wonder when the last time (if ever) Apple has been down 20 straight??
All depends on investor expectations. Somewhere between zero and the full value of the distribution. :-)
Nobody knows the future. Just saying, an ideal breakout is to shake out some longs on the ultimate move higher by testing the breakout level (about $25 bucks lower on the spot) and then run higher. Let's see.....