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Post by prazan on May 15, 2013 11:26:59 GMT -8
I'm not sure he possesses the juice to inspire a move of this magnitude. We started to show weakness when the Gartner report was released, indicating the Apple lost unit market share in Q1. The report that Tiger Global dumped 800K shares didn't help. The decision by the financial media to pump Trainer's Kass-like call was FUD pile on by then. By the way, Gartner has released a note to buy-side analysts that's much more bullish: tech.fortune.cnn.com/2013/05/15/apple-revenues-gartner/
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Post by seabiscuit on May 15, 2013 11:31:48 GMT -8
I'm not sure he possesses the juice to inspire a move of this magnitude. We started to show weakness when the Gartner report was released, indicating the Apple lost unit market share in Q1. The report that Tiger Global dumped 800K shares didn't help. The decision by the financial media to pump Trainer's Kass-like call was FUD pile on by then. By the way, Gartner has released a note to buy-side analysts that's much more bullish: tech.fortune.cnn.com/2013/05/15/apple-revenues-gartner/ At 240 PPS he is putting a value on Apple that is less than its "liquidation" value. At that price Apple' current dividend would be over 5%
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Post by sponge on May 15, 2013 11:39:02 GMT -8
Come on baby. Lets get back over 428 and then reconquer 435 tomorrow and 440 on Friday.
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Post by sponge on May 15, 2013 11:42:52 GMT -8
Looks like Avi was pretty spot on from May 3rd: www.marketwatch.com/story/can-apple-hit-650-by-the-end-of-the-year-2013-05-03I need to teach myself EW. The pattern for a 5 wave move has us targeting the 463-473 region in AAPL to complete a 5 wave structure off the lows. If AAPL is able to complete this structure, then I would expect a pullback in AAPL to the 438 region, but, ideally as deep as the 418-428 region in a corrective pullback.
If this pattern plays out, then AAPL is a very strong buy, with a potential target as high as the 655 region, which is the 2.618 extension for wave 3. This should lead AAPL to an all-time high by early 2014, assuming we see this initial pattern take shape over the next few weeks.
It was this story back then, that help me bail out earlier than expected.
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Post by mace on May 15, 2013 11:46:49 GMT -8
I'm not sure he possesses the juice to inspire a move of this magnitude. We started to show weakness when the Gartner report was released, indicating the Apple lost unit market share in Q1. The report that Tiger Global dumped 800K shares didn't help. The decision by the financial media to pump Trainer's Kass-like call was FUD pile on by then. By the way, Gartner has released a note to buy-side analysts that's much more bullish: tech.fortune.cnn.com/2013/05/15/apple-revenues-gartner/ Why all happen within two days of Google I/O? Hmm ...
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Post by twrx on May 15, 2013 11:47:11 GMT -8
I'm not sure he possesses the juice to inspire a move of this magnitude. We started to show weakness when the Gartner report was released, indicating the Apple lost unit market share in Q1. The report that Tiger Global dumped 800K shares didn't help. The decision by the financial media to pump Trainer's Kass-like call was FUD pile on by then. By the way, Gartner has released a note to buy-side analysts that's much more bullish: tech.fortune.cnn.com/2013/05/15/apple-revenues-gartner/ At 240 PPS he is putting a value on Apple that is less than its "liquidation" value. At that price Apple' current dividend would be over 5% ...and the market is buying his idea... sigh!
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Deleted
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Post by Deleted on May 15, 2013 11:51:05 GMT -8
I'm not sure he possesses the juice to inspire a move of this magnitude. We started to show weakness when the Gartner report was released, indicating the Apple lost unit market share in Q1. The report that Tiger Global dumped 800K shares didn't help. The decision by the financial media to pump Trainer's Kass-like call was FUD pile on by then. By the way, Gartner has released a note to buy-side analysts that's much more bullish: tech.fortune.cnn.com/2013/05/15/apple-revenues-gartner/ I totally agree. WS might USE this FUD to scare the muppets into selling, which is exactly what miss piggy and co. did. I was buying. GOOG is priced so ridiculous even hermit the frog must be agog.
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Post by appledoc on May 15, 2013 11:53:45 GMT -8
Looks like Avi was pretty spot on from May 3rd: Not quite. He doesn't have us completing five waves from 385 yet. This is the 4th wave. 5th wave should take us above 465, then that retrace comes before we launch. Looking at the chart for 465 to 422, I don't see a reasonable three wave count. I'm guessing we see below 422 either tomorrow or Friday.
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Post by appledoc on May 15, 2013 11:57:48 GMT -8
GOOG is priced so ridiculous even hermit the frog must be agog. GOOG is underpriced. They are going for the jugular in the mobile game. Lots to like right now IMO. Just because we all love Apple doesn't mean every other technology company is shit.
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Deleted
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Post by Deleted on May 15, 2013 11:58:21 GMT -8
Oh, the originality! Most of GOOG's original ideas flop. It's the copy jobs are the ones WS remembers. WS is comprised of people who've never created anything except turn a buck, so it shouldn't be too surprising that WS discounts intellectual property. The disdain Steve Jobs had for WS was entirely understandable.
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Deleted
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Post by Deleted on May 15, 2013 12:01:40 GMT -8
One whole year of not even a product upgrade? This has not happened before. They could have delayed the release of some products last Sep e.g. iMac and the 9.7" iPad to this year Jan - Mar. I have to agree. Apple's past history of staggering product announcements has given way to annual timeframes and it's killing the stock. Either this is an anomaly due to unique technological challenges or it's a business strategy gone wrong.
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Post by phoebear611 on May 15, 2013 12:08:16 GMT -8
On the streets of NY you find people on many corners with a deck of cards and playing 3 Card Monty to suck any passerby who dares engage. Cards appear and disappear. It's all a little magic and a lot of deceit. None of these or all of these may have moved AAPL today. The insanity continues for the moment...but this too shall pass:
1. David Trainer's comments - some Nashville trader - paraded on every business station to get ratings. (By the way, EVEN David Faber was rolling his eyes when this joker gave his methodology!) 2. The decrease or complete sale of AAPL stake by Tiger Fund (Julian Robertson) and another Tiger Fund (Global). These are the continued announcements of the hedgefund world after their first qtr. -- so this was done a while ago and reported now...for all we know they bought back in...but there was definitely a reaction to that. 3. When GOOG goes up it's because money is coming out of AAPL and into GOOG 4. Techies were expecting a retrace 5. The corporate wasn't buying today
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Post by phoebear611 on May 15, 2013 12:10:22 GMT -8
One whole year of not even a product upgrade? This has not happened before. They could have delayed the release of some products last Sep e.g. iMac and the 9.7" iPad to this year Jan - Mar. I have to agree. Apple's past history of staggering product announcements has given way to annual timeframes and it's killing the stock. Either this is an anomaly due to unique technological challenges or it's a business strategy gone wrong. Ironically - maybe the technology IS ready but TC isn't a good negotiator with the music labels or the television/cable networks. Maybe he can't close the deal? Hey - how long have we been waiting for CM to close? Who knows if it is the technology or the product at this point!
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Post by phoebear611 on May 15, 2013 12:17:54 GMT -8
By the way - Greenlight Capital (Einhorn) raised their stake in AAPL but NOT ONE business news outlet mentioned it.
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Post by mstrmac on May 15, 2013 12:38:14 GMT -8
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Post by appledoc on May 15, 2013 12:51:47 GMT -8
By the way - Greenlight Capital (Einhorn) raised their stake in AAPL but NOT ONE business news outlet mentioned it. Buy in downtrend: nobody cares Sell in uptrend: nobody cares Buy in uptrend: LOUD NOISES Sell in downtrend: LOUD NOISES
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Post by terps530 on May 15, 2013 12:54:25 GMT -8
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Post by lovemyipad on May 15, 2013 13:08:24 GMT -8
What is the opposite of "whhheeeee"?
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stub
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The fix is in. Be patient. Don't panic.
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Post by stub on May 15, 2013 13:18:14 GMT -8
$240 eh? You don't even have to view the video. Just look at the smirk on the guy's face to get what's going on. www.bullfax.com/?q=node-man-thinks-apples-stock-worth-240-and-amazingly-people-I can just see his Handlers saying... "yeeeah, we gotta teach him not to smile so much when he's spewing the dis-info. Needs a little work." We're seeing David Trainer in our rear view mirror. (Trainer, he's in "training", get it? you'd think they'd come up with some better fake names for these guys also. Obviously an inside joke.) IMHO what's really going on this week is Dividend re-investment Hedge Fund hyjynx. As in, let's try to invoke some flash panic before people figure out what's really going so we can re-invest our Div Cash on the dip. Also, it's the 3 Friday week, Triple Witching Hour. As we get closer to Friday expect this kind of nonsense. The Autumn can't get here soon enough. Stay cool everybody.
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Post by lovemyipad on May 15, 2013 13:23:53 GMT -8
IMHO: Well, it's NOT a "nice, healthy retrace." Now we see if it's retrace or reversal. And we're back to the "oversold bounce, then retest of the lows" dance.
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Post by bloodylongaapl on May 15, 2013 13:34:47 GMT -8
But we ARE still holding over 61.8% of the last run up so far. Below 418 or so my crash hat is on for another 400 test, then 385.
Uneducated WAG of course.
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Post by rickag on May 15, 2013 14:05:29 GMT -8
I'm baffled. When AAPL broke below $435 then $430 I was positive we'd end around $420. I wish I knew who was running the price up and the end of trading.
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Post by lovemyipad on May 15, 2013 14:09:16 GMT -8
But we ARE still holding over 61.8% of the last run up so far. Below 418 or so my crash hat is on for another 400 test, then 385. Uneducated WAG of course. Educated WAG, I would say.
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icam
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Post by icam on May 15, 2013 14:12:02 GMT -8
What is the opposite of "whhheeeee"? Fuuuuuuuuuuuuuudge
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Post by sponge on May 15, 2013 14:25:13 GMT -8
I'm baffled. When AAPL broke below $435 then $430 I was positive we'd end around $420. I wish I knew who was running the price up and the end of trading. 440 was a big resistance point for a long time. After that it was between 420-425. I was expecting us to bounce off of that today.
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Post by Lstream on May 15, 2013 14:37:52 GMT -8
What is the opposite of "whhheeeee"? Here is the algorithm: "w" replaced with "f" "h's" replaced with "u's" 50% of "e's" replaced with "c's" remaining 50% of "e's" replaced with "k's" That should do it.
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Deleted
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Post by Deleted on May 15, 2013 14:41:30 GMT -8
I read Apple's filing from start to finish. In my opinion there is no way that this caused today's selloff. To the contrary, in an environment devoid of any other influences, Apple's response would have elicited a positive response.
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Post by lovemyipad on May 15, 2013 14:42:26 GMT -8
What is the opposite of "whhheeeee"? Here is the algorithm: "w" replaced with "f" "h's" replaced with "u's" 50% of "e's" replaced with "c's" remaining 50% of "e's" replaced with "k's" That should do it. YES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Deleted
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Post by Deleted on May 15, 2013 14:45:31 GMT -8
By the way - Greenlight Capital (Einhorn) raised their stake in AAPL but NOT ONE business news outlet mentioned it. But total institutional ownership has dropped yet again.
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Post by wheeles on May 15, 2013 14:46:10 GMT -8
Hmm. If AAPL has a "technician" on staff, contract, whatever to help out with the buyback, would said technician would be advising AAPL to hold out for lower prices? If Apple know they are the ones providing the price floor, then the question is do they want to temporarily bump the price, or get the most shares for their money? If it's the latter, then I'd say wait for sub-400 then fill your boots when everyone else is throwing in the towel.
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