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Post by mbeauch on Nov 9, 2012 6:41:08 GMT -8
0.30% up after 8% down in two days is crap. More down appears to be coming. We were up early yesterday before the rug was pulled out. AAPL tends to follow the same playbook for several days/weeks before altering the game plan. How many people do the suck in this mornings only to have their clock cleaned.
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Post by greedynoob on Nov 9, 2012 6:45:53 GMT -8
Oh man, this is so ridiculous, I'm considering buying AAPL common with everything in my HSA!
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Post by mstefa on Nov 9, 2012 6:46:03 GMT -8
Long time lurker at the old board... Right now out of their 125B cash, only 40B is on shore, which they want for safety and in case they want to acquire something. I think this is too conservative. I believe they should be able to use most of the 40B IF NEEDED to add value to shareholders ( buy back). Then use debt issuance or credit lines or god forbid cash flows from ops do the rest. 2% ten year yields and 10 PE stock? Why buy if they don't? Imagine the the buyers panic. Even not, imagine the EPS growth if it shrinks the float 10% at 550 or below. IMHO investors don't give credit for the cash then use it. There is still 80b offshore! Can they use profits in germany to buy AAPL on German stock exchange? or other places?
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Post by bloodylongaapl on Nov 9, 2012 6:49:35 GMT -8
High volume again, FWIW
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Post by ibuyer on Nov 9, 2012 6:50:41 GMT -8
Long time lurker at the old board... Right now out of their 125B cash, only 40B is on shore, which they want for safety and in case they want to acquire something. I think this is too conservative. I believe they should be able to use most of the 40B IF NEEDED to add value to shareholders ( buy back). Then use debt issuance or credit lines or god forbid cash flows from ops do the rest. Can they use profits in germany to buy AAPL on German stock exchange? or other places? 99.9% sure they can't without US tax consequences otherwise there would not a debate of offshore profits. Neither lawyer or accountant nor play one on TV...
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Post by terps530 on Nov 9, 2012 6:55:12 GMT -8
double bounce off 535 in the daily chart? or am i just trying to be optimistic edit: nvm- trying to be optimistic
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Post by blofeld on Nov 9, 2012 6:55:41 GMT -8
down again... after a good start /PM. sigh.
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Post by ibuyer on Nov 9, 2012 6:57:17 GMT -8
Oh man, this is so ridiculous, I'm considering buying AAPL common with everything in my HSA! Everyone's situation is different but I would caution everyone not to risk more than one can lose.
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Post by greedynoob on Nov 9, 2012 7:03:09 GMT -8
Oh man, this is so ridiculous, I'm considering buying AAPL common with everything in my HSA! Everyone's situation is different but I would caution everyone not to risk more than one can lose. Ah, I probably should have pointed out that I only switched to an HSA just this year, so I'm only talking a single year's worth of contributions? Would be very different if I'd been working on building that balance for a decade ;D
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Post by ibuyer on Nov 9, 2012 7:10:19 GMT -8
Ah, I probably should have pointed out that I only switched to an HSA just this year, so I'm only talking a single year's worth of contributions? Would be very different if I'd been working on building that balance for a decade ;D That makes a huge difference
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Post by fas550 on Nov 9, 2012 7:10:59 GMT -8
Interesting. Like a game of chicken. Good thing is I see a lack of commitment from the bears after that whopping volume and drop yesterday. Would have thought smelling blood they would have continued today. Bulls maybe waiting to see.... Volume about the same it was this time yesterday.
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Post by Red Shirted Ensign on Nov 9, 2012 7:11:35 GMT -8
Double bounce of 535.....maybe we turn here? Somehow this feels a bit different to me. I can't quantify it.
But I've been wrong :'(since 580
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Post by terps530 on Nov 9, 2012 7:13:03 GMT -8
we'll go up cause I got a put after 535 looked like it wouldn't hold again
typical
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Post by tuffett on Nov 9, 2012 7:14:13 GMT -8
Double bounce of 535.....maybe we turn here? Somehow this feels a bit different to me. I can't quantify it. But I've been wrong :'(since 580 Well, you beat me by 100 points...
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Post by po1nt on Nov 9, 2012 7:14:42 GMT -8
looking good ;D
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Post by fas550 on Nov 9, 2012 7:16:23 GMT -8
Double bounce of 535.....maybe we turn here? Somehow this feels a bit different to me. I can't quantify it. But I've been wrong :'(since 580 C'mon Captain. You give hope where others see none. You see a path when others see a wall. You see... Sorry getting carried away with the Star Trek theme. I equate bears to those pesky Tribbles.
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Post by ibuyer on Nov 9, 2012 7:18:55 GMT -8
For those already long and looking to add, would it not be better to see a 2-3 days of flat or even a 2-3 day trailing high to add?
You might miss a little but the upside move potential in now 100+
Thoughts?
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Post by Red Shirted Ensign on Nov 9, 2012 7:19:28 GMT -8
Double bounce of 535.....maybe we turn here? Somehow this feels a bit different to me. I can't quantify it. But I've been wrong :'(since 580 C'mon Captain. You give hope where others see none. You see a path when others see a wall. You see... Sorry getting carried away with the Star Trek theme. I equate bears to those pesky Tribbles. No, the bears are more like Ferenghi. You can outlast them but they are relentless and will take advantage of every opportunity...
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Post by wraithyouth on Nov 9, 2012 7:22:30 GMT -8
But I've been wrong :'(since 580 FWIW, you're far from alone in that!
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Post by darrenhd on Nov 9, 2012 7:24:16 GMT -8
For those already long and looking to add, would it not be better to see a 2-3 days of flat or even a 2-3 day trailing high to add? You might miss a little but the upside move potential in now 100+ Thoughts? We must be at the bottom because I had to sell a small part of my common this morning as I was quickly approaching margin call territory. Now I see we are up to 545. Based on my past history of selling low and buying high I would say we have turned lol -luckily I still hold the majority of my common - I only sold 10% of it this morning.
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Post by archibaldtuttle on Nov 9, 2012 7:24:18 GMT -8
"That comparison kind of ignores the fact that AAPL is still growing"
Maybe it is, maybe it isn't. At least that's what Wall Street is wondering.
believe that is what this sell off is all about. 90 points straight down since earnings and guidance were released, guidance which predicted earnings reduction for the first time since the iPod era. Yes, they lowball guidance, but not by all that much under Tim C. So, Jan may decrease trailing twelve month earnings-- they're valuing it based in what the PE might be in Feb. fair? Accurate? Doesn't matter, it's based on fear, yes, but fear about apple turning into a negative growth story like HP - so it's reducing Apples PE toward that level.
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Post by fas550 on Nov 9, 2012 7:24:41 GMT -8
I like it. Volume staying strong.
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Post by doublerainbow on Nov 9, 2012 7:25:35 GMT -8
For those already long and looking to add, would it not be better to see a 2-3 days of flat or even a 2-3 day trailing high to add? You might miss a little but the upside move potential in now 100+ Thoughts? those are my thoughts as well. As a typical investor (who gets excited when stock is up and scared when down lol), I don't care to time the bottom and lock in max profits - it's impossible. I just want to see some consistency first before I buy more common - any signs of a confirmed uptrend would be nice before the year ends... this strategy may not matter in the long-run but at least I'll be able to sleep better at night so I'll take that over text-book execution any day lol
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Post by ibuyer on Nov 9, 2012 7:26:05 GMT -8
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Post by rob_london on Nov 9, 2012 7:26:29 GMT -8
Will we get another 20 point day... but green?
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Post by doublerainbow on Nov 9, 2012 7:28:29 GMT -8
Will we get another 20 point day... but green? I sure hope so. I can't even remember a Friday where it wasn't flat / down / massively down! Bring back happy Fridays pls!
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Post by PikesPique on Nov 9, 2012 7:29:50 GMT -8
Wow, I like the price action so far. And with strong volume.
BTW, I picked up another 100 common this morning @ 535. Also, got a Jan 15 600/630 BuCS@ 9.75. All this before the price started moving higher. Whew!
Hope this move up is the start of the reversal and not another bull trap.
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Post by ibuyer on Nov 9, 2012 7:29:51 GMT -8
For those already long and looking to add, would it not be better to see a 2-3 days of flat or even a 2-3 day trailing high to add? You might miss a little but the upside move potential in now 100+ Thoughts? those are my thoughts as well. As a typical investor (who gets excited when stock is up and scared when down lol), I don't care to time the bottom and lock in max profits - it's impossible. I just want to see some consistency first before I buy more common - any signs of a confirmed uptrend would be nice before the year ends... this strategy may not matter in the long-run but at least I'll be able to sleep better at night so I'll take that over text-book execution any day lol Yup, yup. However, if one is flat or underweight. One should think about dollar cost averaging in... Recheck ones assumptions about the company, competition, geopolitics and market first though!
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Post by terps530 on Nov 9, 2012 7:30:27 GMT -8
its funny i haven't heard cnbc say wow apple is up 1.5% yet. or anything.
past week they would mention apple tanking every 5 minutes. scum
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Post by PikesPique on Nov 9, 2012 7:31:45 GMT -8
its funny i haven't heard cnbc say wow apple is up 1.5% yet. or anything. past week they would mention apple tanking every 5 minutes. scum If it bleeds it leads.
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