chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Oct 17, 2019 5:06:07 GMT -8
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stub
Member
The fix is in. Be patient. Don't panic.
Posts: 300
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Post by stub on Oct 17, 2019 5:19:17 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Oct 17, 2019 5:34:07 GMT -8
Did anybody at Barclays bother to check the stock price lately?, I'mean it's only like $11+ above that now. PED occasionally calls out those with “underwater” price targets. I believe Goldman Sachs currently has the bottom at $165 (despite being a partner on Apple Card!).
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Oct 17, 2019 6:24:02 GMT -8
I have always assumed that price targets carried with them some implicit timeframe. For some reason I thought it was 12 months. Unlike our fearless Sponge who has the guts to say the target and target date(120 in June), a prediction of 165 or 165 without a timeframe attached is a weak-ass way to build some slack into the prediction. It's like looking up at a sunny sky and saying. "Its going to rain" without saying when. Chances are you are right.
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Post by hyci004 on Oct 17, 2019 7:48:19 GMT -8
Apple’s biometric security is the best. Google’s Pixel 4 facial recognition can be unlocked even if you’re asleep. Samsung’s S10 fingerprint scanner can be unlocked with any fingerprint by adding a cheap screen protector.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Oct 17, 2019 9:31:23 GMT -8
Apple’s biometric security is the best. As a follow-on to this statement, IEEE SPECTRUM has The Consumer Electronics Hall of Fame: Apple AirPods. Once again, headphones and earbuds have never been a major interest of mine, and I still think AirPods are pretty goofy looking. But it turns out that the engineering packed into AirPods is actually quite astounding. Sure are some smart people at that company.
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walterwhite
Member
"I am the one who knocks!"... Albuquerque, NM
Posts: 346
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Post by walterwhite on Oct 17, 2019 12:06:01 GMT -8
not a bad close considering where AAPL was heading by mid-day...
volume still paltry, but at least it didn't lag the indexes today (inline with nasdaq, ahead of dow+s&p)
it's ok to take a breather this week after reaching ATH last week...
cheers to the longs!
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ono
Member
compensation
Posts: 537
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Post by ono on Oct 17, 2019 12:40:47 GMT -8
articles2.marketrealist.com/2019/10/chip-stocks-rise-tsmc-earnings-beat-q3/?utm_source=yahoo&utm_medium=feed&yptr=yahooTSMC’s guidance is even more interesting. The company is guiding for sequential revenue growth of 8.5% to $10.2 billion for the fourth quarter. This will be the first time the foundry’s quarterly revenue will hit a double-digit number. and TSMC earnings beat the company’s guidance The third-quarter TSMC earnings marked a strong start to semiconductor earnings season. The company’s revenue rose 10.7% year-over-year to $9.4 billion, a level we last saw in the fourth quarter of 2018. Revenue even beat TSMC’s own guidance of $9.2 billion. The year-over-year growth reflects the addition of AMD to the TSMC client list as well as the strong adoption of TSMC’s 7nm (nanometer) node. TSMC’s revenue from 7nm rose 170% year-over-year to $2.5 billion, or 27% of total revenue. In the earnings release, TSMC chief financial officer Wendell Huang said, “Our third quarter business benefited from new product launches both in premium smartphones and high performance computing applications using TSMC’s industry-leading 7-nanometer technology.”
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4aapl
Moderator
Posts: 3,631
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Post by 4aapl on Oct 18, 2019 7:11:53 GMT -8
I have always assumed that price targets carried with them some implicit timeframe. For some reason I thought it was 12 months. Unlike our fearless Sponge who has the guts to say the target and target date(120 in June), a prediction of 165 or 165 without a timeframe attached is a weak-ass way to build some slack into the prediction. It's like looking up at a sunny sky and saying. "Its going to rain" without saying when. Chances are you are right. Yes, the targets are 12 month, unless specified otherwise. Some are still expecting market wide or Apple specific flatness or downturns to come this year. But get rid of that "year", and it's what I wrote and Lucky quoted in his signature, that "there will be a pullback, sometime". Death and taxes....and stock pullbacks. I'm dealing with the first two right now. I'd rather not deal with the 3rd, but like the first 2 I don't get much of a say on the matter. That said, given the predictions and movement of the last 12 months, where basically the stock and market are flat compared to 12 months ago, but there has been a lot of movement, and a lot of worry. That's a lot different than a bubbly top where everyone is bullish and the market is only going up. With that in mind, I think we're on much more solid ground than a year ago, and expect a continued uptrend, at a slow pace. Think rising tide instead of a tidal wave. And while that might mean the continuation of a bull market, the technical nitpicking of that is the thing that doesn't make it matter much. Is a 15% or 19.9% swoon really that different than a 20% one? It is different, but does it matter? That's all to say that I don't see a 20% pullback happening just for psychological reasons (too high too fast) nor overextended. This next one, if it happens in the 0-36 month range, will need numbers to cause it. IMO...which may or may not mean much.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Oct 18, 2019 8:05:21 GMT -8
And while that might mean the continuation of a bull market, the technical nitpicking of that is the thing that doesn't make it matter much. Is a 15% or 19.9% swoon really that different than a 20% one? It is different, but does it matter? Only to the traders
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