Since84
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To infinity and beyond!
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Post by Since84 on May 10, 2018 2:14:25 GMT -8
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Since84
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To infinity and beyond!
Posts: 3,933
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Post by Since84 on May 10, 2018 3:43:29 GMT -8
AAPL turned GREEN in premarket.
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Post by artman1033 on May 10, 2018 4:26:26 GMT -8
AAPL turned GREEN in premarket. I am READY!
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Since84
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Post by Since84 on May 10, 2018 5:30:31 GMT -8
Nothing like opening at an ATH.
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chinacat
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AAPL Long since 2006
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Post by chinacat on May 10, 2018 5:39:45 GMT -8
Since84 said: As of April 20, 2018 there were 4,915,138,000 diluted shares putting $1T at a share price of $203.46. The magic share price is rising quickly as the shares outstanding continue to decline... It's starting to look like the biggest barriers to Apple becoming the first $1T company are Warren Buffet and Tim Cook
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4aapl
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Post by 4aapl on May 10, 2018 5:58:55 GMT -8
Since84 said: As of April 20, 2018 there were 4,915,138,000 diluted shares putting $1T at a share price of $203.46. The magic share price is rising quickly as the shares outstanding continue to decline... The 10-Q that Artman posted a link to last Thursday (Thanks!) used this number in it's opening page, just listing it as shares of common stock as of April 20th. On the 2nd page, it had basic vs diluted shares, but as of March 31st instead. Maybe it's all splitting hairs, but I think the opening number is "basic shares", and on March 31st the 2 numbers had a difference of about 44 million shares. Either way Apple bought back a considerable number of shares in just under 3 weeks, but it's whether it was 2% or 3% of the available shares. If this is basic shares, then diluted would be about 44 million more, or 4,959,xxx,xxx shares. If right, that gives a needed share price of $201.65. These big round numbers. If we're focusing this much time on it, just think what the journalists are going to do. I just don't know if this is going to be a hurdle or a big magnet, though either way I think there will be press about it, and that could be a good thing especially if it points out how low AAPL's P/E ratio is, how it has a dividend that is increasing, how it has earnings and revenue that are increasing, or anything else that outsiders might not have paid attention to.
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Since84
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Post by Since84 on May 10, 2018 6:03:21 GMT -8
$201.65 or $203.46, all I know is the magic number keeps rising... I hate it when they move the brass ring.
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Since84
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Post by Since84 on May 10, 2018 6:04:41 GMT -8
Of course, to the extent there is resistance crossing the threshold, whatever it is, I'd rather it be a bit higher.
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4aapl
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Post by 4aapl on May 10, 2018 6:10:30 GMT -8
$201.65 or $203.46, all I know is the magic number keeps rising... I hate it when they move the brass ring. I think we're well beyond brass now, going for gold or even platinum. $188 is looking pretty good for now, though it bugs me that places like Yahoo haven't updated the earnings/dividend/shares values. It looks like Google managed to.
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Post by artman1033 on May 10, 2018 6:15:39 GMT -8
AAPL ALL TIME HIGH! $190.37 All Time Highest TODAY intraday
whoa!
ZOUNDS
YIPPEE!
FANTASTIC!
GREAT!
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Since84
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To infinity and beyond!
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Post by Since84 on May 10, 2018 7:19:02 GMT -8
Hey artman, wake up. We're a little behind on our ticks... and I plan to harass you a lot today.
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Post by incorrigible on May 10, 2018 7:49:10 GMT -8
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Post by aaplcrazie on May 10, 2018 8:03:54 GMT -8
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Post by appledoc on May 10, 2018 8:06:44 GMT -8
$1 trillion coming.
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Post by artman1033 on May 10, 2018 8:22:03 GMT -8
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Post by joel90069 on May 10, 2018 8:29:48 GMT -8
Just a reminder; we go ex dividend tomorrow.
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Post by aaplcrazie on May 10, 2018 9:33:06 GMT -8
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Post by zzmac on May 10, 2018 9:53:45 GMT -8
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Post by longsince98 on May 10, 2018 10:01:16 GMT -8
Of course, to the extent there is resistance crossing the threshold, whatever it is, I'd rather it be a bit higher. I believe your thinking is correct. There’s a chance we’ll drop after $1T is crossed - there’ll be all sorts of new fud around it, so the further out the figure the better IMO. All we lose is the potential chance of Apple not being called the “first trillion dollar company”, which is of no actual value.
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coma
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Post by coma on May 10, 2018 10:06:08 GMT -8
But the “first trillion dollar company” has such a nice ring to it . . .
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4aapl
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Post by 4aapl on May 10, 2018 11:17:03 GMT -8
But the “first trillion dollar company” has such a nice ring to it . . . Thinking ahead a few years, how about the first 5 trillion dollar company. Now that would have a nice ring to it... (EDIT: It's not that outrageous. If AAPL gained 20% a year, it would just take 9 years to go from $1T to $5T (without more buybacks). Or at 15%, 12 years. At that quick of an average annualized rate, I wouldn't even mind if some other company made it there first) (for those considering writing covered calls, getting $6 for a Jan '19 $210 doesn't seem too bad. That strike would be around a 16% annualized rate of growth from here, plus around 3% for the premium, and around 1% for the dividend between now and then. 20% combined doesn't sound too bad, even if selling off any gains beyond that)
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bud777
fire starter
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Post by bud777 on May 10, 2018 11:54:44 GMT -8
Of course, to the extent there is resistance crossing the threshold, whatever it is, I'd rather it be a bit higher. I believe you’re thinking is correct. There’s a chance we’ll drop after $1T is crossed - there’ll be all sorts of new fud around it, so the further out the figure the better IMO. All we lose is the potential chance of Apple not being called the “first trillion dollar company”, which is of no actual value. I think analysts are going have to start talking about the "Law of Humongous F--king Numbers"
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4aapl
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Post by 4aapl on May 10, 2018 11:58:36 GMT -8
Say what you will about Elon, but his companies are pushing the fields they are in. And from a couple interviews I read, I think since he personally has plenty of money, he's decided that it's more advantageous for progress of the fields to not worry so much about the companies being profitable, at least in the short term. Just like some other big companies out there...though Amazon IMO isn't pushing forward progress as much. But maybe they are, with AI, Cloud, cheap tablets, access to cheaper goods to everyone, etc. Hmmmm Personally, I find it a little like Steve's saying of "trying to make a dent in the universe". Bill Gates has things he's pushing for, like vaccines. Locally, Duffield (from Peoplesoft) has funded the Boys and Girls club in the next town over, and just started one up here for ~200 kids, in addition to other things he has done lately like a land grant for the mid-section of my favorite trail. Like going through a mid-life crisis and thinking about where you want to go in the rest of your life, I'm glad to see some of these billionaires trying to leave a lasting legacy and making a difference. And even if you don't think Elon would be a good fit at Apple, it's great to see him helping push the boundaries in multiple fields that can use a bit of a push. Anyway, SpaceX launch today at 5:47ET. www.spacex.com/webcastSpaceX is targeting launch of Bangabandhu Satellite-1 on Thursday, May 10 from Launch Complex 39A (LC-39A) at NASA’s Kennedy Space Center, Florida. Liftoff is targeted for 5:47 p.m. EDT, or 21:47 UTC. A backup launch window opens on Friday, May 11 at 4:14 p.m. EDT, or 20:14 UTC, and closes at 6:21 p.m. EDT, or 22:21 UTC. Bangabandhu Satellite-1 will be deployed into a geostationary transfer orbit (GTO) approximately 33 minutes after launch.
The Bangabandhu Satellite-1 mission will be the first to utilize Falcon 9 Block 5, the final substantial upgrade to SpaceX’s Falcon 9 launch vehicle. Falcon 9 Block 5 is designed to be capable of 10 or more flights with very limited refurbishment as SpaceX continues to strive for rapid reusability and extremely high reliability. Following stage separation, SpaceX will attempt to land Falcon 9’s first stage on the “Of Course I Still Love You” droneship, which will be stationed in the Atlantic Ocean. You can watch the live launch webcast below and find out more about the mission in our press kit.
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Since84
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Post by Since84 on May 10, 2018 12:34:52 GMT -8
Pleasantly surprised AAPL held $190.
WHEEEEEEE!
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Post by artman1033 on May 10, 2018 12:37:31 GMT -8
AAPL ALL TIME HIGH!$190.37All Time Highest TODAY intraday 27,899,657 shares traded today AAPL ALL TIME HIGHEST CLOSE!$190.04aaplinvestors.net/stats/rank/AAPL market CAP. 932.55 BILLION AAPL ALL TIME HIGH market CAP. 932.55 BILLION intraday TODAY
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Since84
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Post by Since84 on May 10, 2018 12:42:23 GMT -8
An observation, RSI is over 70. High RSI is considered an indicator of being overbought.
Interestingly, I anticipate AAPL will surge with the dividend payment next week. It trades ex-dividend tomorrow.
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Since84
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Post by Since84 on May 10, 2018 14:35:29 GMT -8
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Post by artman1033 on May 10, 2018 16:44:10 GMT -8
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mark
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Post by mark on May 11, 2018 7:23:57 GMT -8
$201.65 or $203.46, all I know is the magic number keeps rising... I hate it when they move the brass ring. I *LOVE* when they keep moving it ... just like WEB, I like owning a slightly bigger portion of the company as the weeks go by! I care nothing at all about magic numbers.
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