AAPL estimated coming down is a good thing longer term but pretty obvious it is hurting the stock right now. Wait for the market to have some red days and you can grab Aapl at 105.
Hmmmm, was that the bottom? Pretty darn close to that August crash open of around $7.5. I didn't think we could get there. Shows what this market is capable of. Very humbling.
Thumbs down? One thing that may be hurting Ver is end of Q selling. Near a 52 week low, I'd imagine there is motivation to jettison this so as not to show it on the books. Not to mention they can book the tax loss. Maybe tomorrow will be a new beginning?
The action in this stock is telling you this will work lower. Somebody bigger than Corvex wants out?? I don't know. Maybe Corvex having second thoughts?? Regardless, this stock keeps searching lower....
Might go down some more. Unfortunately there are many investors/hedgies who are blowing up right now and AAPL is the world's biggest source of funds.
First, 15% of baba is worth 23 billion.
Second, the spin will trade at a slight discount. After all, why not just buy baba?
Third, the remainder of yahoo is not worth 20 billion. Maybe 15/16....
That said, I agree this spin will not be an issue for the IRS. Spins in the future will be but this one is already grandfathered....
I wouldn't say "no way"....remember the stock market crash that took appl to 70s pre split? That was painful....
Remember this? "CUPERTINO, California―September 23, 2013―Apple® today announced it has sold a record-breaking nine million new iPhone® 5s and iPhone 5c models, just three days after the launch of the new iPhones on September 20. In addition, more than 200 million iOS devices are now running the completely redesigned iOS 7, making it the fastest software upgrade in history. Both iPhone 5s and iPhone 5c are available in the US, Australia, Canada, China, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK. Demand for iPhone 5s has exceeded the initial supply, and many online orders are scheduled to be shipped in the coming weeks."
I got a 6s and 6s plus. Both came Friday while I was at work. My buddy got his Friday as well. Neither of us were anywhere near an Apple Store.
But the October Vix futures is only up 1 point. From about 20 to 21. UVXY lives almost entirely in that month so is your reason that UVXY has not done as well as would be expected in a market down 2 1/2% in one week. I'm a bit surprised as if you'd have told me we'd be down another 50 handles, I'd have figured UVXY would be mid 50s if not pushing 60. Tells me that UVXY may continue to lose steam. The futures traders are a smart bunch and they may be signaling that the worst is behind us. We shall see.
If I were Al, I'd beg Sanofi to buy MNKD for $5. And then never look back. Doesn't sound like a lot but is more than 50% higher than current share price. To think that this was over $7 a few months ago.