Since84
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To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 31, 2018 3:32:33 GMT -8
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Post by macster on Aug 31, 2018 5:47:37 GMT -8
I think the age old adage "money don't grow on trees" is false..... ο£Ώ's do. heheh
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benoir
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Posts: 1,314
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Post by benoir on Aug 31, 2018 5:50:46 GMT -8
very green so far August 2018, what a month.
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chinacat
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AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Aug 31, 2018 6:04:10 GMT -8
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Post by artman1033 on Aug 31, 2018 6:14:08 GMT -8
AAPL ALL TIME HIGH!$228.85All Time Highest TODAY intraday + 1 TRILLION!I shall return later this afternoon............
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benoir
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Posts: 1,314
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Post by benoir on Aug 31, 2018 6:29:37 GMT -8
AAPL ALL TIME HIGH!
I shall return later this afternoon............
Yes that probably will be required! PED also will need to do the same. His spreadsheet has a few more underwater.
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Post by gtrplyr on Aug 31, 2018 8:06:38 GMT -8
With all due respect to Mr. Buffett , whom I admire greatly. He's not the person to ask about this as he is not any kind of tech guy, never has been. If it wasn't for the two younger guys helping him run Berkshire they would never have invested in Apple. If you listen to his reasons why Apple should not invest in Tesla they sound like someone who simply does not understand what is about to happen in the auto industry. He talks about the terrible margins and competition in the auto business, does that sound like something we have heard before? Yes .... the very same things were said about the smartphone business until Apple came and changed the way it works. Looking and valuing Tesla as an automaker is a big mistake, this is a tech/software platform/energy business and should be valued as such. Gene Muenster has been saying the same thing recently .... Tesla: NO Dealers - sure helps with margins NO union labor- sure helps with margins Factory Automation - helps with costs (yes ... they need to get the right mix between automated and non automated build techniques) Superchargers- big income potential Software updates - huge income potential (imagine all the updates for auto pilot that will require upgrade charges) Potential for Tesla's own App Store for car iOS Tesla does not have to spend R&D to come out with the "new year version" of their cars ..... they can use less resources to update the model ... traditional car companies are stuck in the constant cycle of new product ever year. We all know Apple is working on the autonomous driving space ..... they know how important it will be to be in the car when drivers don't have to spend time operating the vehicle ... those are golden mins/hrs and every smart tech company will want to control customer behavior during that time. IF Apple only has the auto driving portion and no vehicle they will only have part of the solution ... it's NOT the Apple way ... they need the hardware (car) and the software under their control. IMHO it's critical that Apple find some entry into this business ... maybe there are other solutions besides Tesla but I don't see a better fit. Cheers to the longs.
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Post by BillH on Aug 31, 2018 8:47:19 GMT -8
I believe that Apple would buy Tesla if they believe that Tesla has the best proprietary solution for delivering an electric vehicle that would be unavailable to them otherwise. If not, there are better automakers out there as but one alternative. They may go contract as well. One thing I believe whole heartedly is that they'll run this problem through the entire management team a myriad of ways to arrive at the best possible answer for Apple and its shareholders. Feel free to call me a fanboy. I clearly am.
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Post by zzmac on Aug 31, 2018 9:23:25 GMT -8
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chinacat
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AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Aug 31, 2018 9:46:17 GMT -8
IMHO it's critical that Apple find some entry into this business ... maybe there are other solutions besides Tesla but I don't see a better fit. I also think that autonomous vehicles and Apple is a good fit. The main problem I have with a Tesla hookup is that I don't think that Elon Musk and Apple are a good fit.
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Post by zzmac on Aug 31, 2018 9:48:15 GMT -8
Have a great Labour Day Wheeekend everyone!
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Since84
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To infinity and beyond!
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Post by Since84 on Aug 31, 2018 10:38:50 GMT -8
Sold my position at 227.55. Too much too fast here. Will get back in before the end of September. Possibly well timed. Iβd like to see a bit of a pull back from here and then a bit of sideways to consolidate. Slow and steady wins the race. The market has emphatically aknowledged that Apple is a +Trillion (as Artman puts it) market cap behemoth. AAPL can retrace and let Apple and Warren buyback/buy, the dip buyers reload and let everyone else take a breath (Spence et.al included) AAPL can then slowly rebuild without any suggestion of irrational exuberance as a driver. I've been expecting a pull back since $1T. AAPL keeps going up... Also considered thinning when I saw $228 go by on the tape. The challenge is in the timing. It's very easy to miss tops and bottoms, particularly since I don't watch it as closely as when I was trading options. Also, this runs seems a little different. AAPL periodically breaks out and rises to new levels. While the recent increase has been amazing, it is not unique historically. The economy and consumer confidence are setting up for an wonderful Fall. If Apple announces any surprises at the September 12 event we could see it move much higher. Don't mean to sound like an 'fanboy'. There are certainly indicators that concern me. Did I mention RSI is currently over 85!!! The reality is AAPL has risen to nose bleed levels of RSI before... and held for extended periods. I remain quite bullish. While timing could yield gains, I'm happy with the long term movement.
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Post by artman1033 on Aug 31, 2018 10:40:53 GMT -8
AAPL ALL TIME HIGH!$228.87All Time Highest TODAY intraday + 1 TRILLION! 1,105,427 PILES OF ONE MILLION DOLLARS
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Post by Luckychoices on Aug 31, 2018 11:04:42 GMT -8
Possibly well timed. Iβd like to see a bit of a pull back from here and then a bit of sideways to consolidate. Slow and steady wins the race. The market has emphatically aknowledged that Apple is a +Trillion (as Artman puts it) market cap behemoth. AAPL can retrace and let Apple and Warren buyback/buy, the dip buyers reload and let everyone else take a breath (Spence et.al included) AAPL can then slowly rebuild without any suggestion of irrational exuberance as a driver. I've been expecting a pull back since $1T. AAPL keeps going up... Also considered thinning when I saw $228 go by on the tape. You considered thinning? Thinning? Who *are* you? And what did you do with Since84? The challenge is in the timing. It's very easy to miss tops and bottoms, particularly since I don't watch it as closely as when I was trading options. Also, this runs seems a little different. AAPL periodically breaks out and rises to new levels. While the recent increase has been amazing, it is not unique historically. The economy and consumer confidence are setting up for an wonderful Fall. If Apple announces any surprises at the September 12 event we could see it move much higher. Don't mean to sound like an 'fanboy'. You say 'fanboy' like that's a bad thing. There are certainly indicators that concern me. Did I mention RSI is currently over 85!!! The reality is AAPL has risen to nose bleed levels of RSI before... and held for extended periods. I remain quite bullish. While timing could yield gains, I'm happy with the long term movement. While timing could yield gains, I'm happy with the long term movement...because that will also yield gains. Big ones. FIFY, Since84.
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Since84
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To infinity and beyond!
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Post by Since84 on Aug 31, 2018 11:31:30 GMT -8
Truth is I do practice market timing. I am sitting on the last dividend waiting for a 'good' buying opportunity. It may well have passed...
That said, unless you're willing to liquidate a significant portion of your portfolio, the incremental gains (or losses) tend to be immaterial.
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Post by artman1033 on Aug 31, 2018 12:11:46 GMT -8
AAPL ALL TIME HIGH!$228.87All Time Highest TODAY intraday 42,549,205 shares traded today +$1 TRILLION
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Since84
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To infinity and beyond!
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Post by Since84 on Aug 31, 2018 14:45:49 GMT -8
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4aapl
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Post by 4aapl on Aug 31, 2018 17:47:53 GMT -8
"He set a $249 price target on Apple shares, up from the firm's prior target of $202." Nice! It's the combination of upping targets (personal, hedge, or analysts) and raising the P/E range that will bump AAPL up a lot (you pick which is the horse and which the buggy). Glad to see AAPL solidly above a P/E of 20. Even if it's tiny in comparison to the likes of AMZN and GOOG, a P/E of 24 might just happen a lot quicker than I was imagining (a couple months, instead of 1-3 years). A little over 12.5 points in a week. In helping a friend look for her first used car, we walked into an Acura dealer today, where they had a new NSX front and center. It was behind a velvet rope, keeping people from breathing on it or whatever. $6k extra for the paint color. $10k extra for nicer brakes. There was a time where $190k or whatever would have made me just laugh. Of course, there was also a time where I planned to buy an NSX (back in the days of the previous generation) when my portfolio hit a certain level. It passed that level years ago, but so did my interest in dropping that much on a sports car, though I will admit to being tempted by a cute little Lotus once in a while. I did have fun with a 3000gt for a few months, but it had some issues and we drive so little these days. It wasn't meant to be. And so while I was tempted to plunk down some coin right then and there (it sure did look good), instead I enjoyed my cappuccino from their fancy machine, and test drove the cute little RAV-4 that our friend (no license yet) was looking at. Granted it was peppy with it's v-6, but it didn't quite have the growl one might expect from a supercar. Oh well, it was fun just the same.
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rev0
New Poster
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Post by rev0 on Aug 31, 2018 20:15:44 GMT -8
Longtime lurker here. Apple user since 1978. I hit my retirement goal this week thanks to AAPL! Cheers fellow longs!
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Post by Luckychoices on Aug 31, 2018 21:03:49 GMT -8
Longtime lurker here. Apple user since 1978. I hit my retirement goal this week thanks to AAPL! Cheers fellow longs! That's terrific, rev0!! Congratulations! Glad you came out of lurker mode to let the other members know of your success. This has been a remarkably good week for *all* the AAPL Longs but hitting your retirement goal must be especially rewarding.
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Since84
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To infinity and beyond!
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Post by Since84 on Sept 1, 2018 3:00:46 GMT -8
Uh Oh. Car talk...
ππ
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coma
Member
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Post by coma on Sept 1, 2018 3:41:45 GMT -8
Uh Oh. Car talk... ππ I'm going to buy two and use one for parts . . .
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Post by northstar on Sept 1, 2018 5:40:58 GMT -8
Uh Oh. Car talk... ππ I'm going to buy two and use one for parts . . . I did the same but only with houses...
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4aapl
Moderator
Posts: 3,598
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Post by 4aapl on Sept 1, 2018 5:56:46 GMT -8
Uh Oh. Car talk... ππ Yep, it's a sign. Maybe not too high, but a little on the fast side. I like to think we're not quite at that irrational level since I was only at the dealer to help a friend, and had no idea that they'd have an expensive sports car inside. But it can be more like the ear worm, where a song gets stuck in your head. For now I think things balance out, since I spent over 3 hours hunting car parts at the pick-n-pull junkyard on Thursday. But if I start picking up a fleet of cars, and an option to buy a car shop to fix them, you'll know that might be a sign that AAPL has grown a little too quickly.
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mark
fire starter
Posts: 1,545
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Post by mark on Sept 2, 2018 13:36:19 GMT -8
Uh Oh. Car talk... ππ Uh oh is right! Car talk is a sure sign of something ... usually something bad.
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JDSoCal
Member
Aspiring oligarch
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Post by JDSoCal on Sept 3, 2018 0:22:15 GMT -8
I cannot believe people are still going on about Tesla. WTF? It's run by a maniac and they are losing billions. When did Apple lose billions? THERE IS NO MARKET FOR ELECTRIC CARS, AND IF/WHEN THERE EVER IS, THE LARGE CAR MANUFACTURERS WILL GOBBLE IT UP AND TESLA WILL BE A FOOTNOTE IN HISTORY. Stop thinking with your hearts, this is business!
Thank God shareholders cannot control the daily operations of corporations.
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Post by appledoc on Sept 3, 2018 7:08:16 GMT -8
I cannot believe people are still going on about Tesla. WTF? It's run by a maniac and they are losing billions. When did Apple lose billions? THERE IS NO MARKET FOR ELECTRIC CARS, AND IF/WHEN THERE EVER IS, THE LARGE CAR MANUFACTURERS WILL GOBBLE IT UP AND TESLA WILL BE A FOOTNOTE IN HISTORY. Stop thinking with your hearts, this is business! Thank God shareholders cannot control the daily operations of corporations. The maniac part alone should be enough to convince people. Musk is a psycho. And not in the Steve Jobs, Nick Saban, perfectionist way. Car talk is okay. Just donβt delve into Vegas talk.
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