chinacat
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Post by chinacat on Jun 7, 2014 14:27:51 GMT -8
Being humble, I like to think of myself as the Scott Forstall of forum commentators. Oh, JD...I nearly laughed myself off my chair on that one! I do give you major props for self-awareness, however.
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chinacat
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AAPL Long since 2006
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Post by chinacat on Jun 7, 2014 14:36:01 GMT -8
The I watch....what it will or won't be Interesting article, first I've heard of a push primarily oriented around commercial applications rather than end user. Is there an example of another such Apple product?
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chinacat
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AAPL Long since 2006
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Post by chinacat on Jun 7, 2014 14:38:32 GMT -8
Boy, it's just going to be really hard to get used to $2 being a major move and $5 being "parabolic."
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Mav
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Post by Mav on Jun 7, 2014 15:19:36 GMT -8
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chinacat
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Post by chinacat on Jun 7, 2014 15:50:08 GMT -8
Many, many, many thanks , Mav. If any among you is a fan and has not yet seen "Dear Mr. Watterson," do not delay a minute further.
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Post by Red Shirted Ensign on Jun 7, 2014 15:58:00 GMT -8
Many, many, many thanks , Mav. If any among you is a fan and has not yet seen "Dear Mr. Watterson," do not delay a minute further. +7. ( cause that's my current favorite number)
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chinacat
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Post by chinacat on Jun 7, 2014 16:10:35 GMT -8
The I watch....what it will or won't be Interesting article, first I've heard of a push primarily oriented around commercial applications rather than end user. Is there an example of another such Apple product? Seems dumb to quote myself (yeah, yeah...I know), but... iBeacon
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Jun 7, 2014 16:58:36 GMT -8
Is it Monday's open yet? Attachments:
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Post by Red Shirted Ensign on Jun 7, 2014 17:04:00 GMT -8
Darn right....I'm sitting here drinking a nice wine, enjoying the sun, thinking how glad I am that I didn't bet on California Chrome......and for some reason I want it to be Monday.
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Post by Red Shirted Ensign on Jun 7, 2014 17:08:37 GMT -8
While we are waiting for Monday, Many of you have asked what I do in my spare time....as a Starfleet officer, my life is very full For a laugh....my world... youtu.be/X6oUz1v17Uo
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Mav
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Post by Mav on Jun 7, 2014 17:19:51 GMT -8
Love the Picard song.
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Post by Red Shirted Ensign on Jun 7, 2014 20:00:51 GMT -8
Travis has the weekly pain figures out. These look so weird.....tight bands.
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Mav
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Post by Mav on Jun 7, 2014 20:12:42 GMT -8
After next week, I'm hoping it's more like 90, 90.5, 91, etc.
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JDSoCal
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Post by JDSoCal on Jun 7, 2014 23:25:11 GMT -8
After next week, I'm hoping it's more like 90, 90.5, 91, etc. I think you meant, 95, 95.5, 96.
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Post by phoebear611 on Jun 8, 2014 2:30:32 GMT -8
The L.A. Kings are like cockroaches ... just when you think you may have gotten rid of them they reappear...ugh.
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Post by phoebear611 on Jun 8, 2014 2:59:36 GMT -8
Lots of articles and posts by technicians or folks who have crystal balls saying that AAPL will have selling pressure on Monday. At first I wasn't really paying attention but I received 2 emails and 1 phone call from friends and family who "were" ready to buy on Monday now that the stock price is more affordable for them. They have all been reading this online and now are thinking of standing on the sidelines to see how it trades. My suggestion was to buy 50% of what they wanted to buy and then pick a spot (which may be better or worse) later in the week after they have observed how it has been trading post-split. Retail folks that have taken it into their own hands to manage their money only find advice in newspapers, television, or the internet - all things media....Then they trade on E-Trade or Scott Trade or whatever. Many aren't clear on how to separate the wheat from the chaff. This morning I woke up to another email from a friend reading an article from (of all places) CNBC who had a technician saying the stock will go lower here - the recent rise has been too fast. Personally, I think if folks want to wait - they can HOWEVER this stock is going higher over the next weeks and months....IMHO. Just thought I would share this anecdote. Is anyone else seeing/hearing any anecdotal evidence to validate what I am seeing...or discrediting it for that matter? Share your experiences/stories, please. I am huge fan of behavioral investing ... or said differently, how to make mistakes by following the herd.
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Post by Red Shirted Ensign on Jun 8, 2014 4:16:10 GMT -8
I have had a couple instances in the past week of people telling me that they have wanted to buy Apple for a long time and now that it is cheaper they will. I ask how much money they plan to deploy in this first buy and they say something like: $5,000
So they could have had 8 or 9 shares during the "long time" they wanted to own it, collected the dividend and enjoyed the bull run, but they did not.
But now they will own 55 shares or so and feel great about the opportunity. These are really solid business-types but it's just the psychology....
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Post by redinaustin on Jun 8, 2014 5:21:16 GMT -8
Of course the reason for the articles saying it's going down is to influence those same folks. They think they're investing in an honest market od investors, rather than a rigged market of traders.
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Post by nagrani on Jun 8, 2014 5:28:19 GMT -8
I actually think the uncertainty is bullish. If everyone thinks the stock is going way up - it usually goes down. Since it's in such a state of flux - I think we go up - in part to the price optics, and the gravitational excitement of new products in the pipeline.
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Deleted
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Post by Deleted on Jun 8, 2014 6:02:10 GMT -8
Of course the reason for the articles saying it's going down is to influence those same folks. They think they're investing in an honest market od investors, rather than a rigged market of traders. +1. It's all white noise.
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Post by Deleted on Jun 8, 2014 6:07:39 GMT -8
While we are waiting for Monday, Many of you have asked what I do in my spare time....as a Starfleet officer, my life is very full For a laugh....my world... youtu.be/X6oUz1v17UoThis video could be an ad for Pepto Bismol. That's my reaction anyway. My God, Red, have you no regard for our well being here?
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Post by Red Shirted Ensign on Jun 8, 2014 8:30:09 GMT -8
While we are waiting for Monday, Many of you have asked what I do in my spare time....as a Starfleet officer, my life is very full For a laugh....my world... youtu.be/X6oUz1v17UoThis video could be an ad for Pepto Bismol. That's my reaction anyway. My God, Red, have you no regard for our well being here? If I get you discombobulated you might sell me your shares for 85 bucks....the offer stands.
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Deleted
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Post by Deleted on Jun 8, 2014 9:31:40 GMT -8
This video could be an ad for Pepto Bismol. That's my reaction anyway. My God, Red, have you no regard for our well being here? If I get you discombobulated you might sell me your shares for 85 bucks....the offer stands. Sure, after the next 10 to 1 split. Shall I draw up a contract? I don't know what happens to AAPL tomorrow, but if one of the goals was to make AAPL more accessible, a sell-off seems illogical, unless the traders made bets they could sell into a rising stock price post-split. If the traders had real intelligence on price behavior post-split, then one would think that would have softened up AAPL on Thursday and Friday. Sentiment is very positive in the aftermath of WWDC, and I'm hopeful AAPL trades higher next Friday than what it opens at tomorrow. Where AAPL closes on Monday is someone else's worry, not mine.
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Mav
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Post by Mav on Jun 8, 2014 9:44:28 GMT -8
C'mon Mercel, of course we all care (if you have a shorter-term horizon on any AAPL-related stock/option buy).
Of course, we might not care AS MUCH if we've banked some gains (if even _I_ can protect myself from myself in this uptrend, certainly all of you can) and aren't betting the farm on, say, June 2014s. Of a strike not divisible by 7 before the split.
I'm almost "too" bullish on Apple in 2014 and 2015. Not only is AAPL returning to technical form, it's also in a narrative of gaining/regaining ground. That seems different from 2012.
Very curious to see if Samsung can turn around its stalling growth in the next two quarters.
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Deleted
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Post by Deleted on Jun 8, 2014 10:31:31 GMT -8
C'mon Mercel, of course we all care (if you have a shorter-term horizon on any AAPL-related stock/option buy). Of course, we might not care AS MUCH if we've banked some gains (if even _I_ can protect myself from myself in this uptrend, certainly all of you can) and aren't betting the farm on, say, June 2014s. Of a strike not divisible by 7 before the split. I'm almost "too" bullish on Apple in 2014 and 2015. Not only is AAPL returning to technical form, it's also in a narrative of gaining/regaining ground. That seems different from 2012. Very curious to see if Samsung can turn around its stalling growth in the next two quarters. I think you misunderstood the context. Most of us are invested in AAPL for the long term, not a 24 hour cycle. Do you want AAPL to trade on fundamentals or the stream-of-consciousness found on StockTwits. Much of the reporting on CNBC and elsewhere is too focused on Apple, in part because it attracts so much trading. Yes, I care less where AAPL closes on Monday than the traders do, many of whom are playing the stock market like a casino. And I don't think it's any coincidence that GOOG, AMZN, FB, TSLA, etc. all have higher P/Es than AAPL, and NOT because they have a stronger business. Quite the contrary.
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Mav
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Post by Mav on Jun 8, 2014 10:47:43 GMT -8
Everyone here wants AAPL to trade on fundamentals. It isn't now. SPX multiple is friggin' 20% higher. StockTwits is moronic. And be afraid but I think I write more about fundamentals than anyone on this board. I've done earnings previews since last July. Volume is not value, I know. I'm a trader but I do buy and hold. Certainly easier to buy in lots of 25, 50, the magic round lot 100 starting tomorrow. And you never know if that might actually help retail investors psychologically. The perception of liquidity even though buying 7-8 shares isn't meaningfully different from buying 50.
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JDSoCal
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Post by JDSoCal on Jun 8, 2014 12:01:48 GMT -8
The L.A. Kings are like cockroaches ... just when you think you may have gotten rid of them they reappear...ugh. Team of destiny. The Kings came back from down 0-3 games in the first round. Third straight OT win after being down 0-2 goals. They refuse to lose. Hard to kill, like Coyotes. Or Michael Myers from Halloween. Or amnesty for illegals. Lots of articles and posts by technicians or folks who have crystal balls saying that AAPL will have selling pressure on Monday...This morning I woke up to another email from a friend reading an article from (of all places) CNBC who had a technician saying the stock will go lower here - the recent rise has been too fast.. Yep, I saw that douchebag, and thanks for not linking the story. Yet another TA genius I've never heard of. He said AAPL has already run-up to "nosebleed levels." Someone should tell this chump how AAPL ran up 35% before the 2005 split. Seems to have worked out OK. The thing that drives me nuts is the self-fulfilling prophecy of these predictions, when they get on TV and scare the horses. I've debated this effect with Lovey for years, and two of you have given anecdotal examples of it. CNBC is for the low information Joe Sixpack. I even have to tell my mom to stop watching these shows. Mom: "They had someone on who said to sell Apple." Me: "That's why they had him on. Who has made you millions, me or that guy?" Yes, I care less where AAPL closes on Monday than the traders do, many of whom are playing the stock market like a casino. And I don't think it's any coincidence that GOOG, AMZN, FB, TSLA, etc. all have higher P/Es than AAPL, and NOT because they have a stronger business. Quite the contrary. Well, gee, there, Mr. Buffett, I've been long 20+ years, but I also trade the stock. Can I be part of the Smart Kids Club too?
An article from one of my law school mates: WWDC: Apple Gets Its Groove BackIs it Monday yet?
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Mav
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Post by Mav on Jun 8, 2014 12:03:04 GMT -8
Mercel trades too. Anyway, we're at 92+. Life is good! Trades will be there for the daring, AAPL has the wind at its back for buy-and-holders, and Android is stuck on 4.4 (sometimes ) and 32-bit while Apple's going for iOS 8 and a second-gen 64-bit chip. It's a good setup for Apple. Also, I thought it was Stella. Though I haven't seen the movie.
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Post by phoebear611 on Jun 8, 2014 14:49:25 GMT -8
Wow - it's a food fight ala Animal House magnitude over at Stocktwits. The longs vs. the shorts --- everyone digging their heels in as to why it is going down or why it is going up. I guess we'll be going sideways!
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Deleted
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Post by Deleted on Jun 8, 2014 14:53:51 GMT -8
Well, gee, there, Mr. Buffett, I've been long 20+ years, but I also trade the stock. Can I be part of the Smart Kids Club too? You can, but you have to learn TA first, the ultimate booby prize.
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