I'm not ready to replace my iPad yet so I guess that I'll buy the new block buster watch in April.
Some idiots never learn. Don't hate a company because it's big. It can get even bigger. Apple will be the first trillion dollar company.
They don't want their enemies to know. If they knew, they would pile onto this stock and break them.
It looks to me more and more that one or more large players are involved with deep pockets since no real short squeeze has occurred.
Anyone who is dissing a stock BEFORE they sell is doing some sort of scam. Most hype a stock before or while they are selling.
So taxpayers like me should pay for their education after I paid my way and will be living on fixed income soon? Thanks for the thought of the financial burden, Obama. Why not just forgive the student loans too? Oh, you can't think of a way to seperate those from the ones taken out at for profit Ed. By the way Washington State University has been advertising, wasting my taxpayer money. I thought that public Ed didn't advertise like for profit's do. Last one that I saw was at the Sea Hawks playoff game last Sunday. My that must have been costly.
About 2 years ago I started to buy the index XLE and AAPL stock at nearly the same time. My capital gains without dividend reinvestment equal 37.33% for XLE vs nearly 72% for AAPL. With Apple's dividend higher than the index, I am up over 2X the index.
Shorts are not giving up in droves yet. If you believe that they lack ammunition for any further attacks, I'd hold on like most of the others here. Shorts will have to be forced out, but it's coming. .As far as I'm concerned, they have no alternatives.
They are just trying to beat up the small investor. Talk it up and then talk it down. They make money in both directions. The market tends to overdo things but $35 is a bit iffy. I'm buying energy ETFs now. Negativity is too high.
Most hedge fund managers have mental issues. Some are psychopaths. They can't admit that they are wrong and think themselves smarter than others. Just look at Ackman's crusade against Herbalife. He's doing a service for humanity to stump them out of existence or so he says. Same here, the boys will regroup for attack. You can count on it.
Read the Guru Focus article written by the founder. His biggest personal position is in Ebix and says he won't sell for less than $30.
Got something this morning from The Street. This is the best part:
"Passing the IRS' smell test indicates that the ongoing SEC investigation looking into "revenue recognition issue, internal controls and the accuracy of the company's public statements" has little likelihood of mounting to anything material. Likewise, the same could be said about the Justice Department's investigation into the company.
These regulatory risks were arguably the biggest drawbacks for the company moving forward. With one settled and the two ongoing with SEC & DOJ greatly undermined, the Ebix short thesis is fading."
The SEC and DOJ has better things to do with their undermanned departments.
Shorts are covering and buying too cheap.
I see no difference in any SEC issues and the IRS. Any revenue recognition issues would have been addressed by the IRS as part of their audit. They are taxable events.