Since84
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Post by Since84 on May 4, 2018 2:12:49 GMT -8
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Since84
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To infinity and beyond!
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Post by Since84 on May 4, 2018 4:05:02 GMT -8
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Since84
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Post by Since84 on May 4, 2018 5:10:14 GMT -8
If pre-market is any indication, it looks like AAPL will gap up this morning. Perhaps Mr. Market is moved by Uncle Warren's buying spree.
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chinacat
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AAPL Long since 2006
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Post by chinacat on May 4, 2018 5:29:15 GMT -8
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Since84
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Post by Since84 on May 4, 2018 5:40:01 GMT -8
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Post by ericinaustin on May 4, 2018 6:04:11 GMT -8
Helloooo 180 its been awhile. Auto sell bots to kick in in 3, 2, 1..........
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4aapl
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Post by 4aapl on May 4, 2018 6:08:50 GMT -8
If pre-market is any indication, it looks like AAPL will gap up this morning. Perhaps Mr. Market is moved by Uncle Warren's buying spree. Wow Buffet, that's a nice little move you can induce there. I'm liking it. It's interesting to think about different stages in the stock of a companies life. How many years ago would Warren not have even touched AAPL? Likewise, how many years ago would an investment by him, small or large, been nice but still inconsequential compared to other things? This is more like the affirmation that AAPL is with the big boys that Buffet likes, of a large company that can keep kicking out the profits and is undervalued. That doesn't attract all investors, but it's got to attract quite a few, directly or indirectly (fund managers). One key now is to not get analysts overexcited (too high of outlooks makes for future "misses"), while also potentially raising up a few of those outliers on the low side. I jotted down notes for most of the analysts listed in the recent article, and there were few others with underwater price targets, like Barclays at $161, and now Tim Long with BMO, Abhey Lamba at Mizuho, and Nomum Instinet all in the $171-175 range. If they don't change things, it might be worthwhile to keep their names around to further understand a negative piece by them at an opportune time in the next 6 months. But now that Buffet has picked up about 5% of the shares, and Apple is has been buying back about 4% per year (6% in last 18 months)...well, I think at some point thing stock is going to be going places. If AAPL can manage to bump up it's P/E ratio range, as one article theorized due to changing revenue streams with the increase in services, now that would really be a big step.
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Since84
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Post by Since84 on May 4, 2018 6:31:32 GMT -8
Perhaps I've been around too long, but I tend to be a bit more of a skeptic. For instance, what entered my mind when I first read about Buffett's purchase was interesting timing relative to the negativity. One always has to question coincidences. Of course, we don't know when the purchases were actually made.
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Ted
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Post by Ted on May 4, 2018 6:38:42 GMT -8
Thanks, Uncle Warren, for the nice ride: wheeeee!
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Since84
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Post by Since84 on May 4, 2018 6:42:50 GMT -8
Paging Artman...
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Post by aaplcrazie on May 4, 2018 6:45:53 GMT -8
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Post by artman1033 on May 4, 2018 6:53:25 GMT -8
AAPL ALL TIME HIGH! $184.25 All Time Highest TODAY intraday
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Since84
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Post by Since84 on May 4, 2018 7:29:39 GMT -8
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bud777
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Post by bud777 on May 4, 2018 7:29:47 GMT -8
Looking at the trade volumes, this is institutional buying after Buffett provided cover. I wonder how well they will stand up to FUD. My view of institutional buyers is that they move primarily to protect their job and bonuses. I am not condemning that, it is just human nature. If that is true, Buffett's reputation provides a defense against them being criticized for taking the risk. On the other hand, when Deutsche Bank or Morgan Stanley comes out with one of their "Apple is doomed" reports, they have to react. I think that makes the stock more susceptible to FUD and increases volatility. I used to think that institutions would be less volatile than individual managers, but too many years of "Law of large number" and "Look at what happened to Nokia" memes have changed my mind.
I remain cautious and expect one more significant dip before 200. I remain long and hope I am wrong.
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Since84
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Post by Since84 on May 4, 2018 10:44:23 GMT -8
I'm enjoying today. More ATH's...
Can AAPL take and hold $184?
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Post by Luckychoices on May 4, 2018 11:10:06 GMT -8
These are my two favorite Warren Buffett comments regarding investing in Apple stock because of company fundamentals instead of worrying about future sales of iPhones:
The idea that you’re going to spend loads of time trying to guess how many iPhone X … are going to be sold in a 3 month period totally misses the point. It’s like worrying about the number of BlackBerrys 10 years ago […]
Nobody buys a farm based on whether they think it’s going to rain next year. They buy it because they think it’s a good investment over 10 or 20 years.
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Post by incorrigible on May 4, 2018 11:32:40 GMT -8
Like yesterday ... but different.
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Since84
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Post by Since84 on May 4, 2018 11:39:51 GMT -8
Do I hear $185?
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Post by artman1033 on May 4, 2018 12:08:24 GMT -8
AAPL ALL TIME HIGH!$184.25All Time Highest TODAY intraday 55,792,702 shares traded today AAPL ALL TIME HIGHEST CLOSE!$183.83aaplinvestors.net/stats/rank/AAPL market CAP. 903.93 BILLION AAPL ALL TIME HIGH market CAP. 922.05 BILLION intraday MARCH 12TH,2018
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Post by appledoc on May 4, 2018 12:23:13 GMT -8
$1T in short order. Before the end of May. This was your catalyst.
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Since84
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Post by Since84 on May 4, 2018 12:31:16 GMT -8
Before the end of May??? Heck I was hoping before the end of the week.
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chinacat
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AAPL Long since 2006
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Post by chinacat on May 4, 2018 12:51:27 GMT -8
Is it too much to hope that these results inoculate AAPL from the very same brand of false attacks three months from now? I fear that I know the answer, as many of the pundits have proven to be utterly shameless.
I am going to enjoy this weekend anyways, but will try to remember to be prepared for something of a repeat in three months.
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Since84
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Post by Since84 on May 4, 2018 14:31:01 GMT -8
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4aapl
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Post by 4aapl on May 4, 2018 19:21:51 GMT -8
$1T in short order. Before the end of May. This was your catalyst. Oh great....now it's doomed I'd side with Bud, expecting another pullback before 197/200, but I'd like to see a couple day follow thru on this to let AAPL touch the low 190's. That would start a nice precedence.
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