Because nobody wants to be in Chinese companies. Broken trust factor after the Chinese currency manipulation. These stocks are nothing more than trading vehicles.
Is September 9 or 11 slated for the iphone6S launch? Maybe Cook will hint on some other products that will be coming out as well during the event. Usually Apple moves up going into these releases.
Trump would definitely be great for American companies. He would work to greatly reduce corporate taxes which would make us much more competitive and I think he would help our economy. The problem with Trump is he wouldn't get along with Congress or other nation's diplomats. Then again, that may not be so much a problem after all. China has been killing global growth and the U.S. needs to do everything possible to prevent this.
Next 3 months Apple will soar!! China weakness overstated.
IMO we're stuck with the ones already here so we might as well find em and tax em if they are staying. Totally agree with Trump that we need to build a wall and secure our borders. Its not just illegals from Mexico that are coming in and this poses a huge threat to national security.
...Watsa's second-quarter new buys were: Polypore International Inc. (PPO), Lumenis Ltd. (LMNS), Catamaran Corp. (CTRX), Wendy's Co. (WEN), OmniVision Technologies Inc. (OVTI), Biglari Holdings Inc. (BH), Advent Software (ADVS) and Geeknet Inc. (GKNT).
Wendy's problem is net income but same store sales are its saving grace until they make the transition from company owned to franchise owned stores. The PEG is astronomical and remember they missed top and bottomline earnings #'s this quarter. The 0.22 cent dividend is keeping it alive until they improve revenues base. Read a good story re comparison to McDonald's though. It seems they are going to give MCD a run for its money as far as the value menu is concerned. Gotta be extremely patient with this one and take some time. Most analysts aren't seeing much change to net income growth for the coming year.
116 it is. Well better than 115 I suppose! Seems to me they need to find another company to pick on rather than Apple. This story is getting old!
Even DIS has been struggling despite Disney Shanghai and Star Wars film debut soon. Anything relating to cable providers continues to be under pressure. The street is obviously factoring the inevitable into current stock prices.
Tomorrow's expiration looks 115 pin. Maybe 116. Apple's fan boys seems to be hiding.