Hard to say about technicals, but in any case we are one day closer to the breakout.When... is anyones guess
What do you know about China.
Cook says things are going really well in China...
Read an in depth article in the latest Economist Magazine.
The key is growth of middle class($15000-$30000)yr incomes.Growth was up 8% in 2010,and expected to be 59% by 2020....we would kill for that income growth.
Posts by smackers,and ignorant followers are wrong.
My Chinese Broker in China now, and says fears are very overstated about Chinese consumers. Lots of growth and huge number of start ups.Just not in the sectors in vogue the last 10 years.
A squeeze would be nice, but one would rather see a sustained rally in commodities. A squeeze would be a short term event,whereas the latter would give confidence to miners to expand their resources.We have to remain patient, as the big boys aka Barrick, are selling marginal holdings.Some day a joint venture will happen,but we don't know when
Your posts are almost a poster child for troll hyperbole.No... they really are.Well done !
The success of the stock price is tied to huge macro issues, and the resulting effects on currencies.These issues are larger than just the mining sector, and apply to all commodities.What an individual stock will do, is dependent on what happens in the larger universe.One can see the potential of the stock price soaring, but we must be aware that this will not happen until there is a shift in the big global picture. Patient and remaining so.
One can't make assumptions about the futures.The majority of trades are done by computers that will buy and sell in milliseconds.We are in a trading market where any rally will be sold until the the market puke out all the excess of the past few years.The machines rule now.
Me thinks you know little of China markets, let alone Apples market in China.Chinese stocks plunge has little effect on iPhone demand.Cook stated that today. My Broker who is Chinese and is in contact with Chinese clients every day say iPhone demand is not effected.... it's not priced like a home or a car,and still is perceived as a prestige premium product,and that status in China is unchallenged.
Think maybe one should not pay too much heed to opening trading,up or down.We live in a stock world where algos, dominate the early trades,and may freak people out,as was the case today.
These guys sign on to bash many companies,so the .50 adds up.All they have to do is sit in a coffee shop with their phone, and post without breaking a sweat.
My Chinese Broker says Apples market in China is NOT effected by Yuan devaluation.
Because of the time lag between a partnership and actual production at KSM,is around 5 years,the current price of Gold is potentially irrelevant .
You are a paid shill,and your rhetoric is verbatim tactics of the breed...so obvious that it loses any impact....at all....get a real job
The stock is no different than any company in the commodity sector....crushed short term.Long term commodities worth a long look.If commodities don't rebound,what does that say about world growth ? Nothing safe then.
SEC regulations in place.Holders don't announce actions and may file reports with SEC which we don't see for months. Clearly a major holder sold, but watch as we see when buyers kick in ,including Apple.From comments and posts, I see many don't understand the stock market. Absolutely nothing has changed in the Apple story
A partner at current commodity prices,wouldn't excite stock prices . Fronk knows a a partner today, might not be best for shareholders