Actually he said 113 most likely case if $96 holds. $128 is likely if we power through 113. Meanwhile, don't discount the importance of the $96 number. Nothing is guaranteed,
I agree. I love the divy but we have to be realistic. This is merely life, not trickery. Of course rate may not rise yet; who knows. But if they do, mortgage REITs will suffer as they always do and we have to know when to stand down. It just good business and investment is business.
I not arrogant nor am I short. I was merely trying to help you understand the stock action is not due to shorting, which you really should already know.
Sorry. I mistook you for someone with an IQ above 80 and an interest to learn. Apparently I was wrong on both counts.
It's a good question but clearly the idea that the watch only works with an iPhone is not intended to mean that you must carry both for the watch to work. There is a synch requirement and a "home" aspect of the phone, I'm sure, but I'm equally confident that no one designs the revolutionary computer-on-a-chip for a watch that has to be docked at all times, anymore than a laptop. You will be able to wear your watch for a multitude of functions such as sport and then dock and resynch with your iPhone at a later point. And I may not wear a watch, but younger, hipper people will. And ultimately, so will I. And so will you. It's just like iPads. I couldn't understand their value when released. Now I have several.
While I appreciate your enthusiasm and delight in AAPL's rise, shorts have little to do with it. AAPL has never been a heavily shorted stock; quite the opposite, it's barely shorted at all. In fact it's so little shorted that if all the "shorts" that post on this board were to really hold the short positions they claim, the short interest would be tripled from what it is. No, shorts aren't buying back and there is no squeeze. This is merely good old fashioned market magic worked by smart investors. Good luck.
I sold 500 shares just after the last divy was paid so I forfeited half of it when I sold based on the stock drop of (then) 50 cents. Turned out I was very blessed with that decision. But I think it's worth buying back in since I think the divy is compelling and reasonably safe for the next year. If so and if we get some recovery, this will be a pretty good trade. Good luck to us all.
Short? Are you kidding? Or just bashing. Because informed investors know that AAPL remains the least shorted stock of all major stocks. Your sentiment is your business. Lying is quite another story...
Yes I think 105 is more likely after the take down last week. Had it not been for the ridiculous Wednesday attack that was way too coordinated to be coincidental, I believe we'd be at 104 now and 110 would have have been likely.
Are you kidding? You must be the only person on Earth to mis-appreciate what NFC and an agreements with the major CCs means to Apple. But then again, I imagine you didn't think we'd be sitting at 102.50 right now either, did you? Nor 105 by Friday EOD?
You could be right. I suspect that we will see the 2 iPhones and NFC which will drive the PPS toward 110, then Oct earnings driving the stock to 115-120 and then the iWatch in November to move us to 130 in the absense of any other drivers. Should be a very nice 4 months.
Actually, that's not always a bad strategy. Apple often gaps up on Mondays (as it did Friday) and that becomes the near HOD. Selling then and buying back at a lower price sets you up for the next day. If we gap up, you make money on the sale, then you make money on the fade when it gaps up the next day. Thanks for the suggestion...
Prudent would be to determine stops and re-enty points or even protective puts. But you can't make money sitting out. This isn't 2012's Apple in any respect.
The divy fall was when it went xdiv 19 Aug. It dropped about 75 cents of the 1.15 divy. Not bad. The fall since then is not unusual for AWLCF. It moves around a bit. I don't find this alarming in general and it may be a good buying opp. Divy should be good for at least 2 more qtrs so the % is extremely attractive. But the market is forward looking and may be eyeing next years prospects with dry-dock time scheduled so there is certainly risk. If you are a buy and hold guy, it may pay off nicely. Also, take a look at MORL for divy - REITs but interesting.
Tinypants - try a tiny bit of research. Theta (decay) is tiny on a daily basis until near expiration. And a tiny increase in the stock price of 5 cents or more with a reasonable delta will almost certainly trump theta. Go look at Black-Scholes for a tiny clue. Then come back to the adult section.