Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 21, 2015 2:19:16 GMT -8
Good morning everyone. Must admit I can't wait for this week to end. Everything is RED again this morning. CNBC says Wall Streets is poised for another 'torrid' day of trading. Perhaps CNBC is too obsessed with Ashley Madison. Meanwhile AAPL is trading at 111.89 -0.76 (-0.67%). Yesterday Apple was in line with the rest of the market. Today it seems to be leading. Hopefully another blip. In the news: Bloomberg has Apple Raises $1.6 Billion in Record Corporate Bond Deal. PED has If Dr. Seuss wrote Apple ads.... Have a great day. Let's get this week over with... and make money.
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Post by rob_london on Aug 21, 2015 2:40:19 GMT -8
AAPL currently has a TTM free cash flow yield of 10.8%, the 9th highest in the S&P 500 (ex-financials). Apply criteria that net gearing <50% and AAPL is ranked 3rd for TTM FCF yield. Ref: China smartphone decline I’ve updated my spreadsheet for China Mobile customer data. Figures for July still show a good rate of growth for 4G customers:
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Post by rickag on Aug 21, 2015 4:10:10 GMT -8
Since84, appreciate your starting the thread.
Rob_London, thanks for the information.
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Post by artman1033 on Aug 21, 2015 4:37:27 GMT -8
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Post by nathanstevens on Aug 21, 2015 4:47:32 GMT -8
Ref: China smartphone decline I’ve updated my spreadsheet for China Mobile customer data. Figures for July still show a good rate of growth for 4G customers: You can count my wife and I for two more in August.
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Post by artman1033 on Aug 21, 2015 4:59:52 GMT -8
FWIW: AAPL vs. DJI and AAPL vs. S&P over the last 6 months
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Post by sponge on Aug 21, 2015 6:40:23 GMT -8
Note to self. Don't ignore put OI. I saw 40K put contracts at 110, and I wondered why so many.
Let's get today over with and move on to next month.
I can't wait for WS to be proven wrong with solid 20% iPhone growth next year instead of 2% like they expect.
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Post by podboy on Aug 21, 2015 6:41:11 GMT -8
damn looks like 2012 2.0
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Post by rickag on Aug 21, 2015 6:52:00 GMT -8
We'll see, if I remember correctly AAPL's P/E dipped below 10. Not sure if Apple sells puts, I don't think so, but now would be a good time. $7-8 billion would cover one hell of a lot of puts.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 21, 2015 7:03:56 GMT -8
Well, for better or worse I sold an August 28 $107 put for $2. If it exercises I'll reinvest some of my August dividend at $105. Seems like a bargain price.
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Post by rob_london on Aug 21, 2015 7:06:49 GMT -8
Go home Mr. Market, you're drunk.
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Post by gtrplyr on Aug 21, 2015 7:13:33 GMT -8
Go home Mr. Market, you're drunk. Let's just get this over with .... I hope it goes down 20 fucking points .... I'm tired of this.
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Post by tuffett on Aug 21, 2015 7:15:23 GMT -8
I'm more convinced now than ever that Apple needs to have the majority of their cash available to deploy at any time. Fuck the tax hit, it's worth it. They could be buying back 20% of the company at a 12.5 P/E.
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Post by archibaldtuttle on Aug 21, 2015 7:22:19 GMT -8
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Post by sponge on Aug 21, 2015 7:27:49 GMT -8
As liberal and big government as TC is, no way he will give the government more taxes. He will rather punish shareholders instead of feeding the government. /s Actually I suspect Blackrock is advising them on this and he may have no choice but to lfollow. The fact that money is not available is the reason WS can move this stock. Two years ago with more cash here Apple could prevent this type of a sell off. We moved 18.5% from earnings day. Had we gotten the 50 million iPhones we would be 18% higher. I am confident of a strong similar move into Nov.
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Post by macwire on Aug 21, 2015 7:34:14 GMT -8
Sponge just stop dude
Strong bounce for spx into next week probable but we should fail the 200 IF the market truly is rolling over into wave iv.
AAPL will not be immune.
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Post by nathanstevens on Aug 21, 2015 7:35:43 GMT -8
Just a friendly reminder. Apple FY 14 revs $182B. Apple FY 15 Q1, Q2, Q3 revs - $182B
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Post by sponge on Aug 21, 2015 7:42:32 GMT -8
Sponge just stop dude Strong bounce for spx into next week probable but we should fail the 200 IF the market truly is rolling over into wave iv. AAPL will not be immune. I am sorry if I am taking too much attention from your wise observations.
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Post by macwire on Aug 21, 2015 7:48:09 GMT -8
Sponge just stop dude Strong bounce for spx into next week probable but we should fail the 200 IF the market truly is rolling over into wave iv. AAPL will not be immune. I am sorry if I am taking too much attention from your wise observations. Apple would have been higher by 15 percent if it sold a few million more phones last quarter? I don't think so.
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Post by gtrplyr on Aug 21, 2015 7:49:22 GMT -8
And the bickering starts ... capitulation perhaps ??
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Post by incorrigible on Aug 21, 2015 7:51:54 GMT -8
At this rate of decline, we might soon see a 3% yield on AAPL. :/
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Post by macwire on Aug 21, 2015 7:59:53 GMT -8
And the bickering starts ... capitulation perhaps ?? I think we are starting wave iv of a general market correction and we might probe another -100 spx handles. Might take apple into the mid 90s just as a general drag. Your mileage may vary. I have been pounding the table on being cautious if I recall correctly versus others saying you should just wrecklessly buy any drop.
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Post by macwire on Aug 21, 2015 8:07:20 GMT -8
And the bickering starts ... capitulation perhaps ?? I think we are starting wave iv of a general market correction and we might probe another -100 spx handles. Might take apple into the mid 90s just as a general drag. Your mileage may vary. I have been pounding the table on being cautious if I recall correctly versus others saying you should just wrecklessly buy and drop. In the coming days we will back test the 200ma and that should give you your clue who has the ball.
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Post by dreamRaj on Aug 21, 2015 8:07:46 GMT -8
Wondering if Icahn is so quiet because he's buying. 134 to 107 and not a word from him.
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Post by archibaldtuttle on Aug 21, 2015 8:08:18 GMT -8
Wondering if Icahn is so quiet because he's buying. 134 to 107 and not a word from him. Or selling....
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Aug 21, 2015 8:20:33 GMT -8
At this rate of decline, we might soon see a 3% yield on AAPL. :/ I am watching apple yield vs mortgage rates. This might be another opportunity for free stock
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Post by incorrigible on Aug 21, 2015 8:20:33 GMT -8
I bough some Oct 16 2015 115 Puts for downside protection.
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Post by gtrplyr on Aug 21, 2015 8:21:24 GMT -8
Wondering if Icahn is so quiet because he's buying. 134 to 107 and not a word from him. Or selling.... He knows he can tweet and have the stock recover at least a little bit ... then he can sell If he really believes his valuation ... Icahn has no pressure whatsoever to sell here .... I'd highly doubt he is selling.
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Post by tuffett on Aug 21, 2015 8:21:55 GMT -8
Down 17% in a month, compared to 8% on the NASDAQ. Unbelievable.
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Post by phoebear611 on Aug 21, 2015 8:33:00 GMT -8
Icahn uses options a lot to establish positions so he may not be hurting much at all. He may be selling the shit out of puts. He may not sound like a genius to some of you but I have seen him in action first hand and he is dumb like a fox!
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