Still buying Apple.
I need TWTR to get down to below 30 - almost half its price right now, to consider any type of investment - I love twitter but I do not like buying something that is much more than it is worth currently.
Even though I can get it for 550 or so. I just thought with Twitter being near 59 - The safer out of this world exploitation of the market was to make an offer to anyone with apple stock that I will buy each of share that they own for $9000 dollars per share. I can't afford twitter.
buy, buy, buy- because in the land of irrationality this is going to 60, then 65, then 70 - People are simply nuts.
this is the greatest short squeeze of all time -
this unconditional love for this stock will come to huge disappointment - very soon. Support appears at 56 at the moment - easily can be broken by next week's volatility. It is also 200 plus on volatility. Crazy Vol. Plus more gains currently on the downside than up.
Leaves enough of a guess whether it is heading higher or lower next week. 550 would be too close to thinking that it is going lower. 555 is the perfect close to keep people confused.
You could still take profits at 56 - but once it gets to 52 or so. While you could take profits, it will be far less than what you could have done a few hours earlier.
Monday or Tuesday - it goes back to 50. Great play if you got in this Monday and out this Friday.
market up - CMG is up further, market down, CMG is up....there is no rhyme or reason - this is way over priced and overvalued - retail is not even participating in this bogus run up. It should have been back at 500 by now - at the very least.
this stock is totally manipulated like PCLN, AZO, and SHLD (at some times), there is absolutely no justification that I see it trading at the multiples and price value of above Apple - be that as it may, someone(s) are keeping it elevated - so I am out - taking my huge huge loss and make up elsewhere.
I don't understand it....it never goes down, it appears to be consolidating at 529/530 level and has not had any meaningful pullback to 500 since going up 70 plus points after an Earning Miss....this makes no sense - someone big must be holding it up - the question is why - who wants this stock at 530.
I don't understand
In other words, he thinks the street is being more generous with their share price, I would expect this to head back to 320 within the next one to three weeks.
In my past experience, though I could be wrong this time, this type of run up, is indicative of a sell prior to earnings - not a buy.
See TSLA's move today - PT was put on this of 240 - Crazy valuations for TSLA and now the same with NFLX - I see Teslian move like today happening tomorrow for NFLX - not crazy downside though - more of a measured downside.