what i really want to see is apple with products at a range of price points - 4.7 and 5.5 inch, sapphire screen and no sapphire screen and for developing markets, a hot price point on the 5s. filling more price points will allow them to extract higher profits and higher unit volume.
the article on actual ship date of the watch says that it won't ship until 2015, but then later states that it won't ship until a few months after the sep 9 event. so which is it? a couple months after sept 9 still puts us in november, which aligns with other reports. it looks to me like the reporter who broke the story that apple will be presenting the watch is now trying to backtrack and maybe let apple surprise us with the date. not sure what this reporter is doing, but other reports seem to say that the watch is coming this year, but maybe later in the year. either way, the watch is not the biggest factor in apple's growth story. the iPhone is what we all want to see.
there are some who want to lock in profits, but they miss out on the coming huge product releases. seems like the resistance in higher 102's will hold for the week and then move up to 103's next week.
i disagree that the shorts are in control any longer. they might control the price on certain days, but advent and chip can burn them at any time buy starting a big buying campaign. of course, advent and chip will only do this once the deal closes and only if the same store sales are decent and support a higher price. short sellers have to hope that lulu continues to falter, otherwise, they will be forced to cover. of course, the short positions are so far in the money that they won't lose money, but just not make as much profit.
the legal papers and deal might be air-tight, but advent and lulu don't want chip to feel like he got ripped off, so no reason to push the stock price up until after the deal closes. i also believe that with 875 million in cash, chip will likely start buying shares of the stock. the short sellers are sitting there with huge positions against lulu that will need to be covered and can only hope that the next earnings report is poor. it all comes down to same store sales and if those are good or even decent, the upside on lulu is explosive. i also see a more aggressive expansion plan being approved and discussed on the next conference call. i'm looking to buy more on weakness here.
i expect that the battle between short and long will result in the stock remaining in a very slow climb, but with no real break-out potential. lots of support on downside turns, but difficulty moving much higher, so we trade sideways for a while. there is definitely some churn of investors happening before the event, some want to gain exposure to the stock and others figure they should cash out gains.
so what? if you want to day trade and make 1% then yes, you are at a disadvantage to wall street. but if you want to invest as an owner in the company, you have the ability to do your research and plunk your money in great companies, like apple. the nice thing is that you can put a very large percentage of your assets in a single company if you really know what you are doing, so your returns can whip the market.
the algorithms can only impact the price over the short term, so if you are a good iinvestor, you buy the dips that are manipulated and sell the artificial peaks. i dont sell my apple shares since i dont want to miss the moves up. stop complaining and if you really think things are manipulated, make money by trading. over a 6 month time period, wall street will be forced to admit it is wrong about apple, and i will be much more well-to-do.
apple is inventing the future again... and once again the pundits dont get it. the cellphone is a device that is too large to really take with you everywhere and too small to properly navigate the internet. i want a device i can wear around my wrist that can make and receive voice calls, pay bills and provide calendar and maps. it should also have some health features. this watch needs to be combined with a wireless earphone set. then i also want a separate tablet device that has a cellular connection and that i use for entertainment and getting info from the internet. the current cellphone is a hybrid device that will eventually be replaced by bigger and smaller devices and more of them.
i imagine there is a contract that would penalize either party for backing out, but i still have to believe that noone wants the price to move above 42 until after the deal closes. i bet the company is holding back on share repurchases right now.
if the market hits a bad patch, then apple will go down too, but giving away your upside right now seems like a bad strategy. apple seems to have very strong support at 100.85 and so the downside is pretty limited unless the whole market falls apart. i do think the stock needs to take a breather here, but the media event will be the most spectacular apple event since steve jobs and after the event, comes the first weekend numbers. both will be strong and propel upside.apple is still cheap at 16 times earnings for a company getting back to growth.
actually most of the analysts following the stock are hardly even projecting significant revenues for the iwatch - in most cases it is mostly upside to current projections. and how in the world could this writer know how cool the iwatch is? quite frankly, most commentary on the iwatch questions whether many people will want it. there has been a real lack of hype about the iwatch in financial circles.
they don't want the stock to move above 42 until after the deal closes. after that date, chip will also be buying stock and driving the price up. lulu could ignite up to 50 a few days after earnings.
apple is going all-out on this event. tim cook has always disappointed with his product unveils, but this event is going to be an upside surprise. better get long or regret it.
so right! there are some analysts that offer unique insights, but they are few and far between. but when the analyst doesn't recognize a one-time tax charge in his calculation of profitability measures, it stinks more like outright manipulation.
just buy more. i agree that the financial news media are corrupt. keep in mind that if these writers and analysts were really good at recognizing value, they would be retired or trading stocks for a living. writing is a poorly compensated job, so these guys have to make money on the side.
isn't that all that matters? apple just keeps turning up green. more than a week to go. i expect the upside comes slowly until the media event. the best idea with apple is to just hold on. the main argument against apple right now seems to be that it will follow the same pattern as 2 years ago, despite completely different circumstances. stocks don't go down just because they did 2 years ago. they rise or fall based on current situation and future prospects.