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Post by Tetrachloride on Nov 30, 2012 15:26:23 GMT -8
Football and Rutgers fans, cheers. BuzzfeedApple sentiments are moving up. 6 hours until December. Let's make this quarter a good one. Coffee for me, but beer, wine, whiskey is available.
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Post by lovemyipad on Nov 30, 2012 15:39:27 GMT -8
I'm having lunch with Chas tomorrow -- YAY!
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Post by Red Shirted Ensign on Nov 30, 2012 16:23:39 GMT -8
I'm having lunch with Chas tomorrow -- YAY! My condolences. Be sure he pays
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Post by roni on Nov 30, 2012 16:27:51 GMT -8
Pretty fair week. Sold some on the 27th and bought some back on the 28th and today at a lower price than where I sold. Picked up a couple of new dividend positions and higher cash position now than before the sales of 27th. Got my sled out and I am ready to go down the fiscal slope
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Post by artman1033 on Nov 30, 2012 17:43:01 GMT -8
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Post by mbeauch on Nov 30, 2012 18:54:01 GMT -8
I'm having lunch with Chas tomorrow -- YAY! Hmmm, In Chicago maybe?
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Post by mbeauch on Nov 30, 2012 19:51:37 GMT -8
Interesting tidbit, the fourth week of November had the highest inflow of money in a year. Hmmmmmmmm. 10 billion. Impressive. This is the whole market, not Apple.
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Post by Ultrarunner on Nov 30, 2012 20:20:02 GMT -8
Interesting tidbit, the fourth week of November had the highest inflow of money in a year. Hmmmmmmmm. 10 billion. Impressive. This is the whole market, not Apple. Where do you get this from? That doesn't square with a net outflow of $8 billion from equity funds - worst week of the year so far.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Nov 30, 2012 22:12:30 GMT -8
Carly Fiorina was interviewed today on (the network that shall not be named or watched) about what a disaster HP has become. Regardless of what you may think of her, it is tragic, IMO, that the SV pioneer, Steve Jobs' first job, is all but dead (as Jobs himself lamented). An absolutely damning segment. Relevance? Watch this segment, so next time someone tells you how Apple needs to spend all its money on M&A like a kid in a candy store, you'll have something to respond with. Relevance 2: For those saying Apple can't keep its mobile margins with competitors racing to the bottom, who did that hurt with PCs? HP, tied for first place in the worldwide PC market, circles the drain (HP mentioned competition in PC's as a reason why its most recent quarter sucked). Apple, OTOH, has ~5% of the worldwide PC market, but earns 53% of the profit. Apple began selling PCs in 1976, and the Mac was launched in 29 years ago. So maybe iPhone and iPad have some life left in them. Relevance 3: Why Android cries of "but but market share!" are not persuasive.
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Post by lovemyipad on Nov 30, 2012 23:05:27 GMT -8
I'm having lunch with Chas tomorrow -- YAY! Hmmm, In Chicago maybe? YES!!! Loooooove this city!!!
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Post by phoebear611 on Dec 1, 2012 3:15:14 GMT -8
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Post by greedynoob on Dec 1, 2012 5:33:16 GMT -8
Foxconn contracted for Microsoft Amazon Smartphones So... We're going to see a new competitor that combines the desirability and market share of Windows Phone with the margins of an Amazon product?
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Post by artman1033 on Dec 1, 2012 5:50:20 GMT -8
Foxconn contracted for Microsoft Amazon Smartphones So... We're going to see a new competitor that combines the desirability and market share of Windows Phone with the margins of an Amazon product? no. There will be a phone made for Microsoft with the newest Windows OS AND a new Amazon phone running some kind of Android OS.
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Post by nagrani on Dec 1, 2012 5:58:10 GMT -8
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Post by greedynoob on Dec 1, 2012 6:00:24 GMT -8
So... We're going to see a new competitor that combines the desirability and market share of Windows Phone with the margins of an Amazon product? no. There will be a phone made for Microsoft with the newest Windows OS AND a new Amazon phone running some kind of Android OS. Oh, OK, just another day in the phone business then? (Although of course all new business for Foxconn is good news for Foxconn...)
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Post by qualitywte on Dec 1, 2012 6:02:18 GMT -8
Relevance 2: For those saying Apple can't keep its mobile margins with competitors racing to the bottom, who did that hurt with PCs? HP, tied for first place in the worldwide PC market, circles the drain (HP mentioned competition in PC's as a reason why its most recent quarter sucked). Apple, OTOH, has ~5% of the worldwide PC market, but earns 53% of the profit. Apple began selling PCs in 1976, and the Mac was launched in 29 years ago. So maybe iPhone and iPad have some life left in them. Excellent insight, and I think its very relevant to the iPhone and iPad
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Post by mbeauch on Dec 1, 2012 6:15:41 GMT -8
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Post by mbeauch on Dec 1, 2012 6:39:50 GMT -8
Carly Fiorina was interviewed today on (the network that shall not be named or watched) about what a disaster HP has become. Regardless of what you may think of her, it is tragic, IMO, that the SV pioneer, Steve Jobs' first job, is all but dead (as Jobs himself lamented). An absolutely damning segment. Relevance? Watch this segment, so next time someone tells you how Apple needs to spend all its money on M&A like a kid in a candy store, you'll have something to respond with. Relevance 2: For those saying Apple can't keep its mobile margins with competitors racing to the bottom, who did that hurt with PCs? HP, tied for first place in the worldwide PC market, circles the drain (HP mentioned competition in PC's as a reason why its most recent quarter sucked). Apple, OTOH, has ~5% of the worldwide PC market, but earns 53% of the profit. Apple began selling PCs in 1976, and the Mac was launched in 29 years ago. So maybe iPhone and iPad have some life left in them. Nice post JD. What everyone should realize is that almost every large company in the world has aspirations of being a monopoly. Guess what, it is not for the customers benefit. No competition means steady price increase perpetually. Just like the cable company. IBM saw what was happening in the PC arena and to their credit the abandoned the business to let the rest fight it out. HP was best positioned for this and reaped huge benefits after IBM's departure, along with Gatway & DELL. Then the Asian manufacturers joined in and the price wars started with the Netbooks. Looking back, that was the beginning of the end. Sell a $329 mini computer that cost $200 to build. Pay MSFT their liscense fee and what do you have left? Nothing, no margin and nothing to build on. That is why the ipad was so disruptive. People were caught off guard with the price. $499 was not just a profitable price, it was a low enough price that others would struggle to match, let alone beat. What Google and Amazon both are doing is trying to do is ruin Apple's business model to where in the end, they stand alone. If they actually built a product with the ipads quality there might be concern, but as of now, the people are tired of the cheap imitations. I think most people view the Android tablets as being the netbooks of the tablet market.
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Post by mbeauch on Dec 1, 2012 6:45:33 GMT -8
Love - how long are you in town for? Would love to have you come over and meet my family. Pls IM me. I live in the burbs by airport. Its about time you post something Navin. I do miss the Kool-aid avatar.
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Post by nagrani on Dec 1, 2012 6:49:59 GMT -8
Well, you have two eyes and one mouth- I try to use it in that proportion. Hope all is well my old and old friend.
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Post by nagrani on Dec 1, 2012 6:51:31 GMT -8
Mark - u should make a trip to Chicago also.
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Post by madmaxroi on Dec 1, 2012 7:41:08 GMT -8
I'm having lunch with Chas tomorrow -- YAY! Tell Chas to leave his donkey suit at home. It ain't workin for him. ;D
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Post by Red Shirted Ensign on Dec 1, 2012 7:47:59 GMT -8
Looking ahead at the SMA The 50 day is averaging downward, now at 611 The 200 day is at 596 These two are converging neatly....imagine a scenario where we spend three days next week moving between 585 and 590. Then we get China rollout news along with continued reports of excellent strong sales of iPads, iPhones and iMacs..... One or two analysts raise their estimates, we pop through 598 and hold it, giving us momentum to cross 600 and the 50 day....buoyed by pictures of Chinese lines and excitement. The mother of bullish cross weeks..... Could happen...
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Post by Red Shirted Ensign on Dec 1, 2012 7:48:52 GMT -8
I'm having lunch with Chas tomorrow -- YAY! Tell Chas to leave his donkey suit at home. It ain't workin for him. ;D Chas was the donkey in the room.. .? This gets stranger.... Oh, and Lovey....have Chas order the Tuna...
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Post by mbeauch on Dec 1, 2012 7:55:42 GMT -8
Tell Chas to leave his donkey suit at home. It ain't workin for him. ;D Chas was the donkey in the room.. .? This gets stranger.... Oh, and Lovey....have Chas order the Tuna... That would mean that Madmax was riding Chas, and what was Mercel doing during all of this?
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Post by madmaxroi on Dec 1, 2012 7:58:45 GMT -8
Last month of the year. Oh, what to do what to do. Realized gains YTD that are screaming to be partially offset with some unrealized losses due to the recent swoon from $705. Wash sale rule not in play for me currently.
Have to see what transpires during the month, but if one waits too long to realize losses, the 30 day point to re-enter to avoid the wash sale rule will be too late in January to reap the rewards of any pre-earnings upward move should there be one. Thus, the plan would be to do next week at the risk of any early December upward move.
Anyone else pondering in a similar fashion?
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Post by phoebear611 on Dec 1, 2012 8:37:30 GMT -8
There is no wash sale rule on gains- just take them if you need to offset your losses. You don't have to wait more than one second to re-enter your trade. Did I misunderstand your post? Sorry in advance if I did. Actually now that I re-read it, I understand your dilemma - hmmmm
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Post by Red Shirted Ensign on Dec 1, 2012 8:45:44 GMT -8
There is no wash sale rule on losses - just take them if you need to offset your gains. You don't have to wait more than one second to re-enter your trade. Did I misunderstand your post? Sorry in advance if I did. To confirm, if I close out a January 13 640/650 position at a loss on Monday I can buy back the same positions on Wednesday, same strikes, get a new basis and take the loss against 2012 gains?
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Post by madmaxroi on Dec 1, 2012 8:48:17 GMT -8
There is no wash sale rule on losses - just take them if you need to offset your gains. You don't have to wait more than one second to re-enter your trade. Did I misunderstand your post? Sorry in advance if I did. To confirm, if I close out a January 13 640/650 position at a loss on Monday I can buy back the same positions on Wednesday, same strikes, get a new basis and take the loss against 2012 gains? Uh, no. I wish.
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Post by phoebear611 on Dec 1, 2012 8:48:26 GMT -8
No I mistyped - no wash sale on gains ... Government will always love for you to take gains so they can collect your money You responded too soon before i was able to modify my post. I would suggest one thing tho - if you seriously think cap gains are going up from here you are better off selling before year end - pay the lower 2012 rates and buying your stock back immediately with a higher basis. This way over the next 4 years - at least- when you pay your higher cap gains tax it will be from a higher cost
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