Cantor Fitzgerald AAPL analyst Brian White has a 700 + Price target on AAPL...IMHO, He is well ahead of the pack on the vision for the company. The rest will have to play catchup
sulsky1....I stand corrected. Enjoy much when I put a post up and additional facts are pointed out that I missed. I don't ever pretend to know it all & don't make stupid predictions...But for the record, comfortable enough to say now the 52 week high at 575.14 will be taken out...I don't need some overpaid analyst to come out to say something positive to get it over that this week...
Is it going to happen, of course it is...I think it's already a done deal...Enough already with CM...As for aapl's valuation even more ridiculous. AAPL doesn't even need CM to get to 600 plus. New article over the weekend about apple's Mac now selling extremely well, add that now to iPhone & iPads record sales numbers and another story of blowout numbers coming out of Japan for aapl products...The company is hitting on all cylinders now and going into it's strongest Qt. in the history of the company without CM. All along buying back billions of dollars of it's stock and over 145 billion dollars in the bank...Are we going straight to 600 plus, well, does a bear sheet in the woods, does a wheel turn ? Buy the stock now and just wait till next week then you can sell if you want & make quite a bit of money and have a Wonderful Christmas...Yes, it's that simple this time around.
As you said in a round about way so many times charts & research, not to mention gut feeling which I always take into consideration. Was told by a smart senior trader long time ago when I got on the desk, learn the personality of the stock you are trading & it'll help you in your decision making...Only thing I have not locked down into the equation yet is what if that stock is bipolar...LOL... Great weekend to you FB.
Back in AAPL at the close with the stock trading at 560....Great Weekend and good luck to all...
I do believe the deal is done, but till AAPL not CM confirms it'll still be rumor. Amazing how every news outlet screamed it but no confirmation...Waiting to enter the name again after getting out in the very low 570's. Didn't get the top but that's ok.
Showing 560-61 as a good support level...Along with the 5 day ma now @ 562.70
Up trend still very much intact...Hitting 575 ish was a pretty much 50 point rise straight up from the rock solid 520 ish base.... 563.14 is the 5 day ma right at the moment
Im bullish on AAPL, but if we can trade in and out of it as it stair steps higher, why not...I will get back in when I think it's stabilizing or reaches it's next support level.
S&P in correction mode...no 2 ways about it. Will spoil the party...Time to have dry powder on hand
SPX having problems holding it's 1788 pivot point which may be holding AAPL in place...Concern over much economic data tomorrow morning may cause additional pressure on S&P later in the day.
Don't go and do that...only bout 5 sane posters to exchange ideas with & now maybe some more intelligent life will be coming on board with AAPL waking up. No matter how much you have made like david has posted here, you guys are not ready to retire...Trading is in your blood...Look at ICON, has enough to live 1000 lifetimes but still is pushing.
Seems Tim is following in Steve Jobs footsteps in just not caring bout shareholders. No matter...stock will hit 600 soon enough, will be up at least 35 points this month from yesterday's close.
I'd 2nd that suggestion...If they had any kind of PR dept. just hinting how well the company is doing in the way of sales with ipads and iphones for this qt. we already will be looking at a 6 handle even before this CM news...