bud777
fire starter
Posts: 1,353
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Post by bud777 on Aug 24, 2015 16:56:57 GMT -8
Look at sustainability of the dividend for COP and BP. I am mostly buying XOM now due to the safety (yield over 4% now). CVX is really attractive almost 6% yield but likelihood of a dividend cut is on that table due to reduced cash flow. Oil stocks are very opportunistic right now but a little dangerous until oil prices settle. Since I'm shifting focus to income, I have been scaling into XOM, CVX, and KMI. No AAPL has been sold to accommodate this. I still believe. Do your own DD though. Royal Dutch Shell ( RDS.B) is attracting my attention. The oil giants are not going away and oil will not stay down forever. I also like upstream plays like PAA, KMI, and EEP. All of these pay decent dividends and are on sound financial footing for the next few years at least. If you want to take a little more risk, consider LINE. It has been decimated by fears that it is over leveraged, but most of it's revenue is hedged. Don't take this as advice, it is just what I use to generate dividends to live on while I wait for Apple to attain it's fair value.
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Post by incorrigible on Aug 24, 2015 17:05:43 GMT -8
Look at sustainability of the dividend for COP and BP. I am mostly buying XOM now due to the safety (yield over 4% now). CVX is really attractive almost 6% yield but likelihood of a dividend cut is on that table due to reduced cash flow. Oil stocks are very opportunistic right now but a little dangerous until oil prices settle. Since I'm shifting focus to income, I have been scaling into XOM, CVX, and KMI. No AAPL has been sold to accommodate this. I still believe. Do your own DD though. Why oil stocks? Why not electric utility stocks like PCG, telecom like T, water stocks like AWK and healthcare like JNJ? Have all fours, funded with AAPL dividends. Incidentally, also have CVX and KMI, they are redder than my blood. Already own some utilities (NEE and D) and T. Since I have been recently scaling into CVX and KMI, my blood on those isn't so red. :/ Edit: These recent purchases are for long term (20+ years) holding for retirement income.
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Post by rickag on Aug 24, 2015 17:17:53 GMT -8
On a positive note, who is buying a new iPhone 6S or 6S+? I will be getting one other the other after the massive preorders and lines die down.
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Post by phoebear611 on Aug 24, 2015 17:30:49 GMT -8
You guys are making me nervous with all these stories of purchasing... I want to hear that everyone is selling and getting out... I sold out of my entire AAPL holdings and USA's RE because of possible racial and labor discrimination by some1 bidding to run for president . Tell us when you have bought. I have bought nothing yet. Why would I jump the gun and buy something immediately? I need to observe a bit. HFTs are taking this market to crazy places. I play options a lot and for those of you who play options you know what happened today - halt in trading makes it impossible to trade options. Stocks were plummeting and the market makers were keeping options at unreasonable levels. it was highway robbery. The market makers and HFTs made very good money today. Today it was a day for me to observe. I don't need to be the bottom tick.
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Post by phoebear611 on Aug 24, 2015 17:39:08 GMT -8
Shanghai is down 5.5% ... tomorrow will be fun again ... this is getting stupid.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,186
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Post by JDSoCal on Aug 24, 2015 17:39:35 GMT -8
Just got off the phone with my mom and she felt the same way I did, time to buy (I'm proud that I've got her trained to look at crashes as opportunities, buy when others are fearful, blood in the streets, yada yada, you know the sayings by now). She wanted to add AAPL, but their are some other fire sales out there. Back in April of 2012, my wife's now 80-year-old aunt expressed an interest in buying some AAPL and I suggested she could sell her Cisco shares as a way to finance the buy. She expressed dismay that she would end up with so many fewer shares of AAPL than shares of Cisco but took the plunge and bought 100 shares of AAPL at about $613, pre-split. She now, after several purchases since then, has accumulated a total of 3385 shares. So about 10:00 am this morning, the first morning after our return from vacation, her aunt calls and I assumed she wanted to hear about the trip. Well, she does, but would I first go online and pick up another 100 shares of AAPL for her? Would I? I said, "Why, yes, Joan, I'll be happy to do just that." And here I thought it was Tim Cook who propped us up today, when it was really Aunt Joan's BTFD. I stand corrected.
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Post by Luckychoices on Aug 24, 2015 17:51:10 GMT -8
Apple Slips Back: MarketWatch Asks if Cook Email Broke Reg-FDblogs.barrons.com/techtraderdaily/2015/08/24/apple-slips-back-marketwatch-asks-if-cook-email-broke-reg-fd/?mod=yahoobarrons&ru=yahooThe column covered what everyone on the board has already read but a few of the comments stood out to me.This is my nomination for best and most appropriate comment regarding the column:================= AUGUST 24, 2015 2:15 P.M. Bill wrote: Glad the SEC will need to investigate this - who cares about market manipulation, insider trading ahead of mergers, or naked short selling - but let's go after a CEO commenting about his business to a reporter.
================= These comments were all tied for second place:================= AUGUST 24, 2015 2:19 P.M. Geno wrote: Oh, I see.....communicating to the general public in a sea of insider trading is wrong...... ================= AUGUST 24, 2015 2:30 P.M. Neal wrote: This looks like an attempt to bring the stock back down. Maybe the SEC should take s look at MatketWatch. ================= AUGUST 24, 2015 2:34 P.M. More desperate FUD wrote: ...from the short sellers. There will be no investigation, and all he did was reiterate what he's already said over and over. No new news here. ================= AUGUST 24, 2015 2:47 P.M. Seagull wrote: This after the media has been pushing over-exaggerated reports of Apple's demise in China for weeks! ================= This is the loser commenter, who finished far ahead of the 2nd place loser:================= AUGUST 24, 2015 2:48 P.M. freddysrevng wrote: "Head Apple Cheerleader - Cramer and Cupertino Wreak of Desperation" Should be the title of this piece... I saw this on CNBC, this morning, Cramer reading a love note from Cookie who says that he doesn't comment then Jimmy boy reads off a laundry list of China related sentiments, regarding, Apple. Kind of Lois Lerner in tact. For those who don't think this market is rigged by machines and wrong doers....this morning was "Exhibit A". ================= AUGUST 24, 2015 2:50 P.M. freddysrevng wrote: Also, great to see Cramer getting "personal and private insider information" from Apple....he deserves it, after, all the cheerleading, wearing the failed Apple Watch, blah, blah, blah for years of hyping Apple. ================= I'm always amazed at the number of anti-Apple people who seem unable to avoid posting negative Apple comments to any column that's even remotely related to Apple or Apple stock. One day, when I have absolutely nothing to do, I'll go to a column written about Android or Samsung to see if any Apple people have shown up to to make negative comments. I'd be surprised to see any because who has so little going on in their lives to spend the time?
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Post by Luckychoices on Aug 24, 2015 18:01:34 GMT -8
On a positive note, who is buying a new iPhone 6S or 6S+? I will be getting one other the other after the massive preorders and lines die down. My wife and I will each be getting an iPhone 6s to replace our iPhone 6. But yes, as you, after "the massive preorders and lines die down."
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Post by Luckychoices on Aug 24, 2015 18:06:27 GMT -8
Back in April of 2012, my wife's now 80-year-old aunt expressed an interest in buying some AAPL and I suggested she could sell her Cisco shares as a way to finance the buy. She expressed dismay that she would end up with so many fewer shares of AAPL than shares of Cisco but took the plunge and bought 100 shares of AAPL at about $613, pre-split. She now, after several purchases since then, has accumulated a total of 3385 shares. So about 10:00 am this morning, the first morning after our return from vacation, her aunt calls and I assumed she wanted to hear about the trip. Well, she does, but would I first go online and pick up another 100 shares of AAPL for her? Would I? I said, "Why, yes, Joan, I'll be happy to do just that." And here I thought it was Tim Cook who propped us up today, when it was really Aunt Joan's BTFD. I stand corrected. No problem, JD. It was an easy mistake to make because there was considerably more coverage of Tim's e-mail to Cramer than there was of Aunt Joan's purchase. Now that the word's out, you may see more written about it tomorrow.
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Post by sponge on Aug 24, 2015 18:24:56 GMT -8
After reading the NYT piece on the TC email, I am certain the SEC will investigate. Too much PR for some manager to make a name for themselves in starting to target the worlds largest corporation. Maybe part of the investigation can identify how the computers can drag the stock down 13% in 2 min. Who is running the computers and are they coordinating? Was there panic and more communication after the email was disclosed? Is this pattern repeating itself? Who is buying and selling options and are they linked to computer mangers and media outlets?
In other news if you read his email, it is clear we will get a blowout in iPhones sales. IPhone sales are accelerating in China, I can imagine they are doing well everywhere else as well. It would be even better if Apple bought about $17 billion instead of $12 billion of their own stock.
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Aug 24, 2015 18:39:42 GMT -8
I don't expect much to come of the Cook email, but I this it WILL serve to focus attention on China and that's a good thing. For some reason, the press and the analysts seem to miss the tsunami of new customers that are available to Apple in China. we don't hear anything about it until a day or two before earnings and then we see analysts use it to revise their forecasts up to ridiculous levels.
The fact is that China Mobile is adding around 19 million new LTE customers per month. Every one of these wants an iPhone. Not all can afford them, but between new customers and those switching, it is no wonder that we get the China surprise every quarter.
I think that there are 700 million mobile phone users in China. About 20% use iPhones. The others are either on feature phones or 3G smart phones. I am just thinking that it is not a stretch to see Apple get to 40%. That would double the sales in China. And China is about equal to the US in sales. Maybe I have something out of whack here, but I think Apple has a lot of room to grow and by a hell of a lot more than the 2% number being bandied about.
The question for me is how many quarters of 30%-40% growth do we have to have before WS acknowledges it?
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4aapl
Moderator
Posts: 3,649
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Post by 4aapl on Aug 24, 2015 18:48:08 GMT -8
On a positive note, who is buying a new iPhone 6S or 6S+? I will be getting one other the other after the massive preorders and lines die down. My wife and I will each be getting an iPhone 6s to replace our iPhone 6. But yes, as you, after "the massive preorders and lines die down." We'll be getting 6s's to replace our 5s's. It's not as straightforward with the dying subsidies (much easier when the buyback price almost covers the premium over the subsidy, as it did going from the 4s to 5s), but there will probably still be something out there to make it worth it, even if we have to switch carriers. For us, once we switched to a mostly unlimited plan, there was no longer a reason to pick and choose a plan based on who we called. Even up here in the mountains, we didn't notice much of a difference in coverage when switching from verizon to ATT 4 years ago. But now, with more time on the slopes and on trails, it might make a difference somewhere. Then again, without subsidies, it might be worth it for me to just go prepaid. It would still be an iPhone, but mine just doesn't get as much use as my wife's.
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4aapl
Moderator
Posts: 3,649
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Post by 4aapl on Aug 24, 2015 18:54:16 GMT -8
After reading the NYT piece on the TC email, I am certain the SEC will investigate. Too much PR for some manager to make a name for themselves in starting to target the worlds largest corporation. Maybe part of the investigation can identify how the computers can drag the stock down 13% in 2 min. Who is running the computers and are they coordinating? Was there panic and more communication after the email was disclosed? Is this pattern repeating itself? Who is buying and selling options and are they linked to computer mangers and media outlets? It sounds likely he will be safe, given the info posted. Maybe an inquiry to appease the "no fair's", but like mentioned it's small potatoes compared to other things (Ahhh, Martha). (yes, I would have liked to see a press release, or a live post somewhere instead of just an e-mail) I didn't see the exact timing, but articles mentioned it was done pre-market. Did it not come out on Cramer until market hours? I watched a little, but was told to hold back on AAPL (well pasted overweight already) and with the 1st day of school I didn't worry too much of the exacts.
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Post by Red Shirted Ensign on Aug 24, 2015 20:10:10 GMT -8
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Mav
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Post by Mav on Aug 24, 2015 20:19:51 GMT -8
Uncle Carl, meet Aunt Joan
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Mav
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Post by Mav on Aug 24, 2015 20:21:32 GMT -8
Cramer read the email on TV premarket
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mark
fire starter
Posts: 1,555
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Post by mark on Aug 24, 2015 20:25:05 GMT -8
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Post by Red Shirted Ensign on Aug 24, 2015 20:28:15 GMT -8
Clearly, You know Mercel...
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Post by Red Shirted Ensign on Aug 24, 2015 20:39:14 GMT -8
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Post by gtrplyr on Aug 24, 2015 20:40:15 GMT -8
Dow futures up 368 ! S&P up 43.50 and Nasdaq up 80 .
Let's hope we found bottom this morning ... I'm no expert but that sounded and looked like capitulation ... even the CNBC crew were saying it was "Panicked Selling" ...
Cheers to the longs !
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Post by gtrplyr on Aug 24, 2015 20:40:43 GMT -8
Great minds think alike !
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Aug 24, 2015 20:44:12 GMT -8
On a positive note, who is buying a new iPhone 6S or 6S+? I will be getting one other the other after the massive preorders and lines die down. My wife and I will each be getting an iPhone 6s to replace our iPhone 6. But yes, as you, after "the massive preorders and lines die down." :) Ditto
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