Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,054
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Post by Dave on Jan 7, 2020 7:19:13 GMT -8
Good morning. I hope everyone has finished licking their wounds from yesterdays discussion and can move on. We've started the morning with a new high of $300.89 but are in the red now, hopefully only for the moment. Let's make some money.
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Post by artman1033 on Jan 7, 2020 9:53:08 GMT -8
AAPL ALL TIME HIGH! $300.89 All Time Highest TODAY intraday
updated at close (3 PM CENTRAL)
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4aapl
Moderator
Posts: 3,598
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Post by 4aapl on Jan 7, 2020 10:13:05 GMT -8
AAPL ALL TIME HIGH! $300.87 Strange that different feeds can say different things. Yahoo says the high was $300.89 Google shows $300.90 TDAmeritrade lists $300.90 It doesn't matter much. Still, it's strange. I thought in the past the feeds tended to get corrected intraday, but maybe that's just closing prices, where they are deciding exactly which price to use as the "final" one. Anyone planning on making it to the shareholder's meeting? I'm probably not making it down this year, but need to go one of these times. It's been 14 or 15 years since I've been to one.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Jan 7, 2020 10:14:30 GMT -8
Good morning. I hope everyone has finished licking their wounds from yesterdays discussion and can move on. We've started the morning with a new high of $300.90 but are in the red now, hopefully only for the moment. Let's make some money. Fortunately, I applied some medicine, and I feel better now. Here's a dumb article from Bloomberg (redundant?). Apple Shares End Years of Discount as Earnings Risk Seen WaningI have no problem with the headline, but this paragraph made me shake my head: This makes it sound to the casual reader that AAPL (PE 25.2) is trading higher than all of the S&P 500 (24.2). But the S&P's PE is an average of all 500 companies' PE's, which means Apple is trading just above what an *average* S&P company is priced at. Do even any AAPL bears think Apple is an average company, with their profit share and cashflow and margins and brand loyalty? (if so, what would be an above average company in Apple's sector(s)?).
I mean NFLX doesn't even own most of what they are streaming and its PE is 107. Or average burrito company CMG is priced at a 78 PE.
I know I bring them up a lot, but PE's are increasingly meaningless for comparing stocks (not sure how comparing Apple's PE to itself is any more useful).
Wishing all AAPL longs an ATH brokerage account balance.
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Post by archibaldtuttle on Jan 7, 2020 16:59:21 GMT -8
Big drop after hours? Is there an explanation?
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Post by laf on Jan 7, 2020 17:09:43 GMT -8
assume the drop is non-apple specific and related to the iranian retaliation.
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crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 309
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Post by crispin on Jan 7, 2020 17:11:45 GMT -8
Big drop after hours? Is there an explanation? Oh it’s just the beginning stages of World War 3...
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Post by aaplcrazie on Jan 7, 2020 17:26:27 GMT -8
Iran has fired missiles at two US Bases inside Iraq.
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Post by Luckychoices on Jan 7, 2020 18:34:21 GMT -8
Big drop after hours? Is there an explanation? Oh it’s just the beginning stages of World War 3... Let's hope that there are *no* deaths, only structural damage, and that cooler heads prevail.
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Post by silkstone on Jan 7, 2020 18:35:46 GMT -8
Big drop after hours? Is there an explanation? Oh it’s just the beginning stages of World War 3... You could be correct. Hope not.
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