Because they are emotionally attached and refuse to listen to reality and cold hard facts !
Well It went under 120 exactly as I predicted will be under 100 in the next 90 days imo
**FACTS FOR APPLE INVESTORS TO CONSIDER**
AAPL stock has gone up like 50 times to one of the largest in the world and people who own the stock think it should keep going higher even though smartphones are rapidly becoming a commodity with most consumers oblivious to differences and with retail sales hitting the wall along with the rising stock market most people will make do with their iphone6s etc. In addition Apple sold 5.5 Million LESS iPhones last year than THIS YEAR and Samsung phones are I believe superior to iPhones most iPhone owners have not really looked at the Samsung Galxy 6 and Note 5. Most apple longs don;t realize Samsung sells more phones in the US than Apple with the #2 and #3 Models and on top of this in China which is slowing down rapidly Apple iPhone is the 3# model. If this is not enough apple is dependent on iPhone for 70% of it;s profits and CHina for most of it's growth. The market sees this and is adjusting the stock price for all of this. My guess is that apple meets this quarters numbers but LOWERS GUIDANCE for next quarter and I predict 1 year from today APPLE stock will be under 100/share.
did you see JC Penney and Party City and el polo loco today ? You are poised to make 52 week low today and 60's coming you will see remember this stock used to be 35.00 per share and now without costco and the wealthy cutting back spending plus all the companies that don't want to pay the axp fees plus the high credit card fees are starting to sting the middle level card holders who get free cards from everyone else..
also see jc penney and party city today
jcp prty and fossil fosl even apple is buckling as the consumer is tapped out or cutting spending on non essentials...
remember me ?
I tried to tell you did you or anyone you know buy a new iphone in the last 30 days ?
More than last year ?
FOSSIL el polo loco restaurant.. CSCO
JWN PRTY JCP LOCO FOSL CSCO
This is the consumer who is 66% of the economy !
Home depot is going to be the next casualty along with MMM I predict !
I think they are going to be under 100 when the next report earnings and guidance..
why do you think the stock is falling again after getting more of your $ ??
Did you see JWN and PRTY and LOCO today ?
that along with earlier warnings from Cabellas and Macys shows the high end wealthy consumer is cutting back in a big way !
A few recent warnings ie lowered guidance include
CSCO tanking today !
the GAP !
VF corp maker of lee wrangler and North Face clothing !
Fossil Tanking today !
Chilis and Buffalo Wild WIngs and El Polo LOco Starbucks and Pannera Bread Restaurants !
Party City Tanking today !
This is a pattern that shows a huge slowdown in demand for end products for which DD provides the input materials..
Look now at JWN FOSL LOCO DLD PRTY CSCO at the sheer magnitude of the drops !
I will go out on a limb and predict DD closes red today !
I told you this stock should at least test the 69 dollar 52 week low !
Did you see the retailers today ?
NORDSTROMS JCPENNY DILLARD EL POLOLOCO PARTY CTY FOSIL
(JWN JCP DLD LOCO FOSL PRTY)
CHeck out these retailers Restaurants !
NORDSTROM JC PENNEY DILLARDS EL POLO LOCO PARTY CITY FOSSIL
JWN JCP DLD LOCO FOSL PRTY !
JWN JCP PRTY LOCO DLD
This can't be good news for Walmart can it ?
down on non essentials !
PRTY look at the magnitude of the drop !
Hi Remember me ? I tried to warn you and you laughed at me and gave me a thumbs down.
Now are you man enough to admit that I was right and you were wrong about this as SBUX is now back in the 50's ?
yesterday and Nordstroms today ?
LOCO JCP FOSL JWN look if you dare !
V will close Red today Guranteed !
spending in a big way !
Starbucks itself lowered their earnings guidance last quarter.
I expect next quarters numbers to be less than anticipated as a falling floundering stock market causes the wealthy to cut back on non essentials do you disagree?
look at JWN and also Eatery El polo loco LOCO if you want to see the magnitude of the warnings..
a sign of the wealthy cutting back on spending mainly due to a floundering stock market. Since SBUX caters to this clientel also it is hitting the the same wall that JWN is
Look I dare you (JWN)
Also see El Polo Loco this am (LOCO)