Coachd, you'll be eating crow in a couple months. Apple may be a $400 stock long-ter, but short-term aapl will definitely fall below $250. Too many mom and pap types thinking it's a bargain at this price. This message board has more posts in 10 minutes than most stock boards have in a day. I started shorting aapl when i noticed this. Market can stay irrational far far longer than these retail traders can staysolvent. $240 is irrational, $350 isn't. When the market corrects 15-20% you'll see aapl below $300, i'd bet my life on it. Such an easy short!
Sentiment: Strong Sell
You'll own a $200 stock in December. Don't ruin your family's life because of your stupidity.
Apple is killing itself. What do they do for a whole year in Cupertino? Decide to make a phone call ordering a nicer camera fo the iphone and another call ordering some fingerprint sensors. Laughable. So easy to be short here. You longs know what the 5s reaction is gonna be.
Nice post. The current qtr is gonna be unbelievable. I'm thinking $4 eps. After that report 3 months from now apple will be below $260. I think guidance will send the stock down to $330 within 2 weeks from today.
I bet you 10k aapl doesnt make over $16 a share during calendar January- through September 2013. Who knows this holiday qtr. No one knows if a new product will come, but if the 5s is the iphone for Christmas earnings will be below $8 for the holiday qtr... So aapl will make $24/share during calendar 2013. They should be trading below $300 right now.
Amateurs assume aapl is cheap here. Not so. Aapl should make around $20 a share over the next 4 qtrs. Just think, 1.5 years more of the already poorly selling iphone5. Things could get ugly here, i'm talking $200 a share ugly. You may laugh but let's wait and see. I think everyone agrres earnings will be plummeting until something new arrives, and that may be another 2 years. No reason to own here. Short with impunity!!
Act like a pro, wear a suit!
I'm predicting $6.25 a share and guidance equivalant to under $5 a share. $320 after earnings. $270 after the iphone5s is announced. Back will be the days of 10mil iphones sold a quarter. Bberry two point O.