Since84
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To infinity and beyond!
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Post by Since84 on Feb 13, 2015 3:35:20 GMT -8
Good morning everyone. OK, so AAPL is GREEN in premarket, trading at $127.08 +0.62 (0.49%) as of 6:17. All major indices are GREEN at this hour as well. Time to give new meaning to Friday the 13th and press the launch button. In the news: How can I not lead off with Cramer on Elon Musk, courtesy of JD. There is also a video here Jim Cramer: Tesla's Musk should be on 'SNL'. FUD of the day Apple $1 trillion market value could be years away -- at CNBC, Reuters and probably BI. As they say over at MacDailyNews, iCal this one. Hard to top those. Buckle up. Have a great day. Let's make money.
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Post by rickag on Feb 13, 2015 4:31:57 GMT -8
Good morning everyone. OK, so AAPL is GREEN in premarket, trading at $127.08 +0.62 (0.49%) as of 6:17. All major indices are GREEN at this hour as well. Time to give new meaning to Friday the 13th and press the launch button. In the news: How can I not lead off with Cramer on Elon Musk, courtesy of JD. There is also a video here Jim Cramer: Tesla's Musk should be on 'SNL'. FUD of the day Apple $1 trillion market value could be years away -- at CNBC, Reuters and probably BI. As they say over at MacDailyNews, iCal this one. Hard to top those. Buckle up. Have a great day. Let's make money. The comments following the first Cramer link are quite entertaining.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Feb 13, 2015 4:33:09 GMT -8
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Post by Odd-Lot Richard on Feb 13, 2015 4:45:17 GMT -8
I haven't been to the Oakridge store for a year and a half—it was cramped and something about the floor made me paranoid about my gear, but the staff were friendly and efficient.
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Post by rezonate on Feb 13, 2015 5:11:03 GMT -8
Did I miss the latest on an upcoming Apple special event? Watch release details, demo, and mix-n-match wristband selection tool (to assist preorders and cut down on returns)? Announce the new 12" "Surface killer", iPod Touch 6 with NFC, Thunderbolt 2 Display w/USB3, Beats streaming service, CarPlay head unit. Or haven't the rumor sites been on the job yet?
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Post by artman1033 on Feb 13, 2015 5:55:30 GMT -8
Follow my lead here. Open one page with the TESLA Earnings call transcript from SA seekingalpha.com/article/2909556-tesla-motors-sla-ceo-elon-musk-on-q4-2014-results-earnings-call-transcript?part=single This is the one most folks use. IT IS USUALLY TERRIBLE! THIS ONE IS HORRIBLE! Open another tab with the earnings call transcript from. The Street. www.thestreet.com/story/13044208/1/tesla-motors-tsla-earnings-report-q4-2014-conference-call-transcript.html This one is accurate. Open a tab with the actual audio of the earnings call: ir.teslamotors.com/events.cfmListen and read together. Elon Musk should not be compared to Steve Jobs. Elon Musk is an engineer. Steve Jobs was a marketing guy. (Remember the REALITY DISTORTION FIELD?) ELON MUSK IS TONY STARK. TESLA is having MARKETING problems. TESLA has engineers in charge of MARKETING. TESLA guarantees the RESIDUAL VALUE of their cars. finaccountingplus.blogspot.com/2013/04/what-is-guaranteed-or-unguaranteed.html gives customers FREE upgrades on the software. BOTH are future "GAAP & non GAAP" items. They show up on the balance sheet. MUSK: If you take this year's revenue, around $6 billion or thereabouts, and if we are able to maintain a 30% growth rate for 10 years, add to your 10% profitability number, and have a 20 P/E, our market cap would basically be the same as Apple's is today. That's going to require a bit of -- on the order of $700 billion -- obviously, getting there will requires some significant CapEx, but I am hopeful that we can do this without any significant dilution to the Company, maybe minor dilution but nothing serious. ........ Deepak Ahuja (CFO): And we have been non-GAAP profitable for two years now, 2013 and 2014. Elon Musk (Chairman and CEO): I'd like to emphasize that doesn't mean BULLSHIT profitable, it means really profitable. ........... Brian Johnson (Analyst - Barclays Capital): Right, when you said 10% was that 10% while still growing to the million of cars target you talked about in 2025, or that is 10% when you get to the million of cars target? Elon Musk (Chairman and CEO): At a certain point, we'll actually be able to maintain 10% profitability despite nutty growth, because you just run out of ways to spend money. It's like Apple . They're just running out of ways to spend money. They spend money like it's water over there and they still can't spend enough it..........
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Post by CdnPhoto on Feb 13, 2015 6:11:47 GMT -8
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Post by artman1033 on Feb 13, 2015 7:12:51 GMT -8
MY WAG: AAPL close= $126.
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Post by CdnPhoto on Feb 13, 2015 7:21:19 GMT -8
MY WAG: AAPL close= $126. I was thinking this was a repeat of last Friday. Where we hover around the previous closing then drop after noon. WAG: AAPL closes at $125
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Post by macwire on Feb 13, 2015 8:16:33 GMT -8
So far...flagging beautifully right at the gap 2/12 on the hourly chart.
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Post by artman1033 on Feb 13, 2015 8:57:35 GMT -8
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Post by archibaldtuttle on Feb 13, 2015 9:09:50 GMT -8
At 126+ it's holding up well after the run we've had. Would be nice to see a day of sideways rest followed by more up next week!
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JDSoCal
Member
Aspiring oligarch
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Post by JDSoCal on Feb 13, 2015 9:39:48 GMT -8
Not any significant call walls, just a mild disparity @ 127.
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platon
Member
"All we can know is that we know nothing. And that's the height of human wisdom.? Tolstoy
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Post by platon on Feb 13, 2015 9:42:26 GMT -8
Did anyone see the video at the unmentionable site where Apple crashed the Paris fashion show to show off their new watch. Looked like there was far more interest in the watch than the fashions. I think those that are downplaying the watch effect are going to be wrong (at least I hope so).
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Since84
Moderator
To infinity and beyond!
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Post by Since84 on Feb 13, 2015 9:48:37 GMT -8
It's nice to see the call open interest has flattened out this week. Must admit the bump at $121 gave me a bit of pause this morning.
Next week is still quite up in the air with bumps at 120 (127,301), 125 (48,365) and 130 (31,103). Guess we should all buy some 130's...
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Post by rob_london on Feb 13, 2015 10:53:18 GMT -8
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Post by Apple II+ on Feb 13, 2015 10:59:35 GMT -8
Tim Cook speaking at Stanford, live on Bloomberg right now
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JDSoCal
Member
Aspiring oligarch
Posts: 4,186
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Post by JDSoCal on Feb 13, 2015 11:04:10 GMT -8
It's nice to see the call open interest has flattened out this week. Must admit the bump at $121 gave me a bit of pause this morning. Next week is still quite up in the air with bumps at 120 (127,301), 125 (48,365) and 130 (31,103). Guess we should all buy some 130's... Yeah, I have no open trades nor do I plan to until at least Friday of next week, maybe buy a possible dip. This week is a good example of escape velocity. Get AAPL past the walls and they flatten up nicely.
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Post by phoebear611 on Feb 13, 2015 11:11:42 GMT -8
Hey Red - which way are we going at 2:14?
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Post by artman1033 on Feb 13, 2015 11:48:59 GMT -8
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chinacat
Moderator
AAPL Long since 2006
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Post by chinacat on Feb 13, 2015 11:52:05 GMT -8
The White House announced Friday that Apple Inc.’s mobile-payment system will be enabled for users of federal-payment cards, including Social Security and veterans benefits that are paid out via debit cards. The deal includes the Direct Express payment network and government cards issued through GSA SmartPay, which handles more than 87.4 million transaction worth $26.4 billion each year, according to the General Services Administration.
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Post by Red Shirted Ensign on Feb 13, 2015 12:07:22 GMT -8
Hey Red - which way are we going at 2:14? Up, maam
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Since84
Moderator
To infinity and beyond!
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Post by Since84 on Feb 13, 2015 12:08:43 GMT -8
Must admit I'm pleasantly surprised to see green.
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Post by zzmac on Feb 13, 2015 12:21:28 GMT -8
Can you imagine if Apple's working on a radical new vehicle that will revolutionize transportation? I can't think of a better company to shock the world (it's nice to dream on a Friday afternoon). Cheers to the longs!
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Post by macwire on Feb 13, 2015 12:27:26 GMT -8
Honestly I thought we would see a risk off move into a long weekend but it seems like the market is thinking opposite and GREECE cedes to the EU.
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Post by artman1033 on Feb 13, 2015 12:29:08 GMT -8
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Post by macwire on Feb 13, 2015 12:35:50 GMT -8
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Post by rob_london on Feb 13, 2015 12:36:28 GMT -8
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Post by macwire on Feb 13, 2015 12:44:51 GMT -8
Not a ton of time left here but if we can take out today's high I think we trigger some stops...
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Feb 13, 2015 12:47:08 GMT -8
Not a ton of time left here but if we can take out today's high I think we trigger some stops... AAPL just might do it.
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