Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 14, 2018 2:20:33 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 14, 2018 4:26:03 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 14, 2018 5:39:59 GMT -8
Nothing like a new ATH to start the day. 😁
Artman...
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 14, 2018 6:11:17 GMT -8
Hmmm...
day high 210.56
52 week high 210.95
I really do need glasses...
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Post by incorrigible on Aug 14, 2018 7:11:38 GMT -8
Hmmm... day high 210.56 52 week high 210.95 I really do need glasses... Like Curly said in "City Slickers": Day ain't over yet.
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Post by incorrigible on Aug 14, 2018 7:59:26 GMT -8
David Einhorn's Greenlight Capital reduced its stake in Apple (AAPL +0.1%) by 486,00 shares during Q2 to 142,100 shares valued at about $26.3M at June 30, according to a recent SEC filing. Since the end of Q2, Apple shares have risen about 13%. Einhorn's beleaguered Greenlight Capital lost 0.3% in July and is down about 19% in the first seven months of the year. Glad he's not managing my money.
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4aapl
Moderator
Posts: 3,598
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Post by 4aapl on Aug 14, 2018 9:37:46 GMT -8
David Einhorn's Greenlight Capital reduced its stake in Apple (AAPL +0.1%) by 486,00 shares during Q2 to 142,100 shares valued at about $26.3M at June 30, according to a recent SEC filing. Since the end of Q2, Apple shares have risen about 13%. Einhorn's beleaguered Greenlight Capital lost 0.3% in July and is down about 19% in the first seven months of the year. Glad he's not managing my money. After so many years of Apple stories over utilizing the 'beleaguered' label, it's always interesting to see it's use elsewhere. In other news, now at least one member here has more shares of AAPL than this giant hedge fund! Geez! I'm used to seeing the huge numbers from Berkshire or Calpers. That's more like the neighbor with a little bit larger lot, than the mansion on it's own island.
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Post by Luckychoices on Aug 14, 2018 10:14:30 GMT -8
David Einhorn's Greenlight Capital reduced its stake in Apple (AAPL +0.1%) by 486,00 shares during Q2 to 142,100 shares valued at about $26.3M at June 30, according to a recent SEC filing. Since the end of Q2, Apple shares have risen about 13%. Einhorn's beleaguered Greenlight Capital lost 0.3% in July and is down about 19% in the first seven months of the year. Glad he's not managing my money. Yeah, I don't understand why he's managing *anyone's* money. How is Greenlight Capital still referred to as the *billionaire's* hedge fund? How can he still be a billionaire if he invests his own money so poorly? ============== Despite those gains, Greenlight is having a difficult year. Last month, Einhorn admitted his fund has dramatically underperformed his expectations.
"Over the past three years, our results have been far worse than we could have imagined, and it's been a bull market to boot," Einhorn said in a letter to investors. "Right now the market is telling us we are wrong, wrong, wrong about nearly everything."
The letter revealed Greenlight Capital lost 5.4 percent in the second quarter, bringing its year to date loss to 18.3 percent through the end of June. The S&P 500 gained 2.6 percent this year as of the end of June.============== So Greenlight Capital is down 18.3% through the end of June whereas, year-to-date, Apple is up 23.4%, Micron is up 24.9% and Twitter is up 36.6%...and those are the three stocks in which he decides to reduce stake? I've always admitted to not being very knowledgeable about stock market investing, but I'm pretty confident that it wasn't those stocks that caused his fund to be down 18.3% for the year. And yes, I know he's probably anticipating that those three stocks will be pulling back in the future but, right about now, he should be questioning his ability to anticipate future stock movements. Perhaps he should go long AAPL with his hedge fund. Note: I read this in a different article regarding Greenlight Capital: Apart from trimming positions, possibly to raise cash, Einhorn took new positions in consumer discretionary stocks The Gap Inc (GPS.N), Dollar General Corp (DG.N) TJX Companies Inc (TJX.N), Autozone Inc (AZO.N), Dollar Tree Inc (DLTR.O) and Best Buy Company Inc (BBY.N).OK, perhaps he did sell those three stocks to "raise cash", but it still strikes me as a "circling the drain" maneuver. But, he's a billionaire with a hedge fund so maybe he's doing the right thing. But, like incorrigible, I'm glad he's not managing my money.
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Post by incorrigible on Aug 14, 2018 10:38:42 GMT -8
... Einhorn took new positions in consumer discretionary stocks The Gap Inc (GPS.N), Dollar General Corp (DG.N) TJX Companies Inc (TJX.N), Autozone Inc (AZO.N), Dollar Tree Inc (DLTR.O) and Best Buy Company Inc (BBY.N). SELL! SELL! SELL!!!!
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Post by artman1033 on Aug 14, 2018 12:05:12 GMT -8
AAPL ALL TIME HIGH!$210.95All Time Highest YESTERDAY intraday 20,192,790 shares traded today +$1 TRILLION
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 14, 2018 12:23:36 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 14, 2018 12:45:50 GMT -8
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Post by PikesPique on Aug 14, 2018 13:58:59 GMT -8
You mean like "kale chips?" :-)
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Post by CdnPhoto on Aug 14, 2018 14:46:28 GMT -8
You mean like "kale chips?" :-) These would be apple chips.
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