Should begin today, watch for upward strength.
385-390 was it, sorry that you're getting burned
Months to break higher, one day to lose gains, classic csco
These two are the biggest mouthpieces of the hedgefunds; it's time to get in. Remember wsj article which drove bac less than 5 last year when it was already beaten down. It's time to get in.
I am unfortunately long at 440 and disagree. With the price this low, they should take out debt and announce buyback This is what INTC did two months back quickly after the stock fell to 19 and it put a floor on it. AAPL is in freefall.
Nygren, Miller, and Fisher, 3 of the best mutual fund managers, added significantly during 1st quarter, at a mean at least 10% higher than the current price. Take a long term view, consider it a bond with 2.7% return, and wait. I am in with a mean of 440 and will add in the 380-390 region.
I've beat the sp for numerous years with a value approach, it just takes patience, and overzealous and thin skinned jerks like you to make it happen.
AAPL is not RIMM or MOT. Do you remember investing legends openly admitting to adding during the ongoing quarter for those stocks? Bill Miller is a legendary investor who stated he directly talked to the company in March. I will take their strategy over your propaganda.
Enormous negative sentiment, trading near low with recent drop on low volume, forward pe near 9-10, being accumulated by value investors like Legg Mason and Oakmark, Einhorn mysteriously drops lawsuit. These elements are why I am buying. It may go down slightly more but the significant upside into the end of the year is much greater than downside; I think it hits 600 next year
I am long but realistic. They are more like msft than MO in terms of shareholder payouts. More and more, the msft analogy is becoming relevant, as is the TC/ballmer analogy. I am out at 460 which it should hit on a spike
Ken Fisher, master investor, disclosed he added to huge position in 1st quarter
Like waiting for godot....
moreover, motley fool put out another postive article, which is always contrarian
I also think this is a bac situation circa 2012 when it went to 5 for no particular reason. When Buffet bought at 7 and it went down, they called him senile, and look at it now. 3 of the best in the business, Miller, Nygren, and Fisher, added a lot of shares in the 1st quarter likely around 450ish. Check back next year and we'll see aapl at 600. However, i must say I am surprised it fell this far and bought with an avg at 431. Worst case in my estimates is 350 before we turn. Cook's silence is deafening regarding buyback
Ok, maybe I'm wrong this time. This is going off a cliff, looks to go to 350. I was going to add in this region but 350 is a distinct possibilty wed am after earnings.
Everyone saying it goes to 350-360 wed am after earnings, market doesnt give freebies. Look for it to go up wed just based on the irrationality of the market. Moreover, aapl has been following technicals esp fib traces well and we may be on the way up independent of fundamentals and earnings
Agree that stats highly favor an up day on wed if mon and tues are down, highly unlikely for almost any stock to fall that many consecutlve days with 15-20% total loss without short squeeze/cover bounce. We already have had 3 in a row going into monday
Who will look back and say they bought aapl when it was sub 400 like when bac was sub 5 last year?
INTC did the exact same thing earlier this year when stock went below 20 and now near 24, it's a phenomenal move. AAPL will go back to 480 within 2-3 months
Lower highs and lower lows is why I sold last week. I think we test 8 before stabilizing, still like PWE long term though as a company. You have to quick profits short term though