People who can afford iPhones buy them. Apple is crushing Samsung in smartphone earnings and rev. Do a little research - just a little. It will help you.
You apparently listen to the little voices in your head. Better off to read analysts' reports and learn to study technicals. Than can help you make better decisions and to not sound like an idiot.
It needs to break above 525 or so with conviction. That will pull in more traders (like me) and give the stock a boost. Up another 4-5% from there should be achievable as year-end sales rumors start to build.
no supply problem.
Made a significant profit on call again today. Up 32% in my call trading account since Sept 22. Pretty good, huh? Of course I trade small potatoes in options - never more than $500K at a time. But the rewards are far superior to the non-derived market.
It's simple I think. You can buy a Mercedes for a lot of money or buy a similarly-equipped but inferior Hyundai for considerably less money. Both car owners seem to like their cars. Both seem ok with the price. Of course the MB owner paid for the status of owning a MB and is ok with that. But the Hyundai owner with tend to latch on to bad MB press, partially to justify the Hyundai purchase and partially to soothe ego. All said and done, those who can and do afford the best are the relentless target of those who can't or at least don't.
Meanwhile, Apple arrogance always plays in here as does the NY Yankees syndrome - many people love to hate a winner. Never is it totally rational.
Of course the CNBC bashers will do their best to discredit it.
Tesla is a dream to own. Reliable, quiet, smooth, luxurious and sleek. Either you've never owned a Prius or you've never owned a Tesla.
If I were trying to sway someone, especially to the negative side, I would want to at least sound credible. Seems like most of them are approaching illiteracy. I know pumpers are also capable of poor construction but it seems like the bashers are far worse.
Personally I prefer the slower march upward with lots of base-building. Works better for income strategies. GLTA.
Yeah I see it also. Given Eliot wave possibility, we could be entering a short 4th wave down to the point around 490 and then a blow off 5th wave to 650 or higher. That seems to chart out over the next 3 months but could happen much faster as a 4th wave drop could be sudden. At this point, I'd be cautious about weeklies since a drop and recovery will likely eat more than a week and the premiums could be lost on NTM calls if unprotected. But I think Dec-Feb calls look pretty inviting.
I agree with your price. I've been saying exactly that for a year. I can smell the investor lawsuits lining up at the attorneys' doors.