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Post by dreamRaj on Apr 27, 2015 14:43:48 GMT -8
With the buyback we can rest assured that 130 is the new floor. I see a 136 open tomorrow.
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bud777
fire starter
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Post by bud777 on Apr 27, 2015 15:20:19 GMT -8
Someone explain to me why it is a bad idea to sell Jan 17 puts at 110.
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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 Apr 27, 2015 15:30:18 GMT -8
Do institutions buy and sell in the AH or is all this retail money with the muted response? I have to believe the $50B buyback is going to put a new floor on the stock, but I don't understand how a company blows out an earnings report and gets $1.60 more in the AH. By comparison, MSFT, GOOG and AMZN had shit reports and look at the reaction to those limp dick companies? WTF? "limp dick companies" That's actually a Technical Term on Wall Street, believe it or not.
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Post by dreamRaj on Apr 27, 2015 16:08:43 GMT -8
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Post by rickag on Apr 27, 2015 16:16:48 GMT -8
I don't believe they are prohibited, and the blackout period is a guideline, someone mentioned this in the comments section.
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Deleted
Deleted Member
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Post by Deleted on Apr 27, 2015 16:32:32 GMT -8
A $50B buyback spent at today's $134.40 price buys approx. 375M shares and is worth approx. $10 PPS at a P/E of 17. WS can't even see to reward AAPL for fewer shares O/S in AH trading. Few saw a $50B buyback # so it's doubtful that was part of last week's rise into earnings.
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mark
fire starter
Posts: 1,552
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Post by mark on Apr 27, 2015 16:32:52 GMT -8
Someone explain to me why it is a bad idea to sell Jan 17 puts at 110. Not a bad idea at all. I wonder where they open tomorrow. I've been selling puts now and then over the last year or two. Sometimes I sell puts in the hope of picking up some stock at a lower price, but so far that hasn't happened, they always expire worthless. Still have some short Jan '16 450 puts (whatever that is divided by 7 today) that I sold a long time ago. Sold some Feb 95 puts that expired worthless. And have some May 115 puts that will likely expire worthless.
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mark
fire starter
Posts: 1,552
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Post by mark on Apr 27, 2015 16:33:50 GMT -8
A $50B buyback spent at today's $134.40 price buys approx. 375M shares and is worth approx. $10 PPS at a P/E of 17. WS can't even see to reward AAPL for fewer shares O/S in AH trading. Few saw a $50B buyback # so it's doubtful that was part of last week's rise into earnings. Few? I think consensus was that they would increase capital return program to $200B, wasn't it?
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Deleted
Deleted Member
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Post by Deleted on Apr 27, 2015 16:42:23 GMT -8
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Post by rezonate on Apr 27, 2015 17:09:22 GMT -8
Wow - they have a cash hoard of $194 BN now....holy crap! Money making machine, unbelievable. As usual, we'll have to be patient to be rewarded as we think it should. The ecosystem keeps getting bigger. They can stall growth and just keep buying back. Stupid cheap. This is Mav's "Volcano Theory", which I explain to people with this image: The Apple Caldera (™ AFB). As the various Apple devices spew out the top, the ecosystem just becomes more massive. Old devices are recycled in the fires below, and replaced with new devices out the top (would never replace an iPod with a Rio, or an iPhone with a Galaxy#, or an iPad with a Surface.) More people see the glowing lava and flock to the volcano to join the show.
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Post by rezonate on Apr 27, 2015 17:20:22 GMT -8
Wow - they have a cash hoard of $194 BN now....holy crap! This would fund the U.S. Coast Guard for the next 20 years. #perspective
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Post by phoebear611 on Apr 27, 2015 17:37:22 GMT -8
So I just got 3 emails from Apple. 2 telling me that I am getting 3 watches between May 21st and June 4th (originally was "June") and the third email telling me that I am getting two watches Available to ship: June. So no change on those. So effing annoying STILL! But I'll let TC slide given the nice numbers he put up today - felt so good to be so nice and long. I'm sure they'll suck some premium out of the near term options tomorrow so we'll see some volatility for sure. Will be interesting what analysts will say. There will always be the idiot who will suggest that there is nothing more AAPL can possibly do for an encore so we should all sell with both fists. We'll see how it plays out in the morning but would love to see them make audacious comments going the other way for once. Money managers and fund managers were NOT the ones buying in AH. They will come in and have their lengthy discussions and decide if to buy and how much to buy. Once they realize how much they will underperform by not buying they will begin to purchase it and we'll get the rise in the stock over the next several days. We're going higher....and now I have to go because the Islanders just scored against the Capitols!!!!
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