Deleted
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Post by Deleted on Nov 4, 2012 23:18:35 GMT -8
It's fireworks around the commonwealth today - will AAPL blow up this week? or prove to be a dud?
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benoir
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Post by benoir on Nov 5, 2012 0:29:57 GMT -8
only in some parts of the commonwealth.... surely the slingshot has been pulled back far enough
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Post by elmar on Nov 5, 2012 0:48:48 GMT -8
In German trading it is around €448 with already over 15,000 traded shares, which is a lot for Germany. This is about $573.
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Post by fas550 on Nov 5, 2012 1:03:54 GMT -8
Heavy PM at the open:152k and down 1.92. Only hope that level of volume continues on the reg market
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Post by fas550 on Nov 5, 2012 1:09:50 GMT -8
Interesting now the volume says 600, as in 3 digit number
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Post by magictrackpad on Nov 5, 2012 1:23:16 GMT -8
I'm looking at the premarket right now also, and it says volume 600.
I was just wondering, can anybody tell me what that 600 means? Surely it's not 600 shares, so I was wondering how to interpret the volume numbers. Do you have to multiply it by a certain amount?
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benoir
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Post by benoir on Nov 5, 2012 1:27:19 GMT -8
nope... now its 700 shares traded 24minutes in to pre-market...
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Post by Wile E. Coyote on Nov 5, 2012 1:30:24 GMT -8
Yeah it means 600 shares. Right now it's 700 shares. It looks like at 4 AM they sold a lot of 100 and then a lot of 110 and then a lot of 390 and then a lot of 100 and that adds up to 700 shares.
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benoir
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Post by benoir on Nov 5, 2012 1:41:19 GMT -8
now there are 1078 shares that have been snapped up at the bargain basement price of $574...
it's going to be a long pre-market
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Post by magictrackpad on Nov 5, 2012 1:45:04 GMT -8
Wow, I had no idea that the volume number shown was the actual number of shares.
I knew that the pre and after markets are a lot smaller volume than when the actual market opens, I just always thought that they'd be bigger than that.
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benoir
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Post by benoir on Nov 5, 2012 1:51:26 GMT -8
give it a few hours... let them wake up first!
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Post by magictrackpad on Nov 5, 2012 2:07:47 GMT -8
It's 11 Am in Germany, they ought to be up by now. So, after one whole hour of trading, only 1073 shares of AAPL have been traded? I must admit that I am still surprised. How many people in Germany trade AAPL on the premarket? four, maybe five?
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Post by fas550 on Nov 5, 2012 2:10:48 GMT -8
Wow, I had no idea that the volume number shown was the actual number of shares. I knew that the pre and after markets are a lot smaller volume than when the actual market opens, I just always thought that they'd be bigger than that. That's why I was pleasantly surprised when at the opening it said 132k shares (the 4am EST) number. Not sure why it then went to 600. I was actually wondering if the number was not cumulative and based on single orders but that can't be.
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Post by elmar on Nov 5, 2012 2:17:00 GMT -8
It's 11 Am in Germany, they ought to be up by now. So, after one whole hour of trading, only 1073 shares of AAPL have been traded? I must admit that I am still surprised. How many people in Germany trade AAPL on the premarket? four, maybe five? Germans trade on the 7 German stock exchanges which do trade APPL in Euro. The price still jumps around €448 ($573) and the summary of the volume is now about 19,000 shares.
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Post by magictrackpad on Nov 5, 2012 2:20:22 GMT -8
It's 11 Am in Germany, they ought to be up by now. So, after one whole hour of trading, only 1073 shares of AAPL have been traded? I must admit that I am still surprised. How many people in Germany trade AAPL on the premarket? four, maybe five? Germans trade on the 7 German stock exchanges which do trade APPL in Euro. The price still jumps around €448 ($573) and the summary of the volume is now about 19,000 shares. That makes a little more sense. Thanks for the info. I was going by the number shown on Google when you type in AAPL and it shows the current premarket volume still at only 1087.
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Deleted
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Post by Deleted on Nov 5, 2012 3:02:55 GMT -8
What you might have seen, right at PM Open, was a data artifact from Friday's PM, just as it was being overwritten by the day's first trade.
I'm gratified by the super low volume, even by PM standards. Could be that after a weekend of reflection that potential Sellers have had enough, and are saying "NO MORE".
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Post by Deleted on Nov 5, 2012 3:11:00 GMT -8
What you might have seen, right at PM Open, was a data artifact from Friday's PM, just as it was being overwritten by the day's first trade. I'm gratified by the super low volume, even by PM standards. Could be that after a weekend of reflection that potential Sellers have had enough, and are saying "NO MORE". I'm favoring the artifact thought. When I first checked in the NAZ was printing $573.xx "Unchanged", while now printing $574.xx is Down $2.xx.
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benoir
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Post by benoir on Nov 5, 2012 3:19:43 GMT -8
still super low volume... would not the buyers start 'flooding' in... or is that not how the PM works?..I am assuming the PM is just standard trades or is there something 'special' about thePM and how it works. I thought it was just for early-birders.. but somebody suggested otherwise recently... anyone?
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Post by Deleted on Nov 5, 2012 3:26:21 GMT -8
This would be nice, I'm referring to a Foxconn subsidiary shifting production resources from Nokia to Apple.
UPDATE: Foxconn International Shares Soar on iPhone Production Hopes
--Shares of Foxconn International jump more than 30% in Hong Kong trading Monday
--Company says not aware of any major reasons for stock movement
(Adds Foxconn statement in paragraphs 7-8.)
By Aries Poon
Shares of Foxconn International Holdings (2038.HK), a small Foxconn subsidiary that assembles smartphones mainly for Nokia Corp. (NOK), jumped more than 30% in Hong Kong Monday, after some brokerage reports said that the unit will start making Apple Inc.'s (AAPL) iPhones.
Taiwan'sHon Hai Precision Industry Co. (2317.TW) -- the company commonly known as Foxconn that assembles many Apple products such as iPhones and iPads -- owns a 70% stake in Foxconn International, which only accounted for a tiny fraction of the Foxconn group's revenue last year.
As of midday, Foxconn International shares were up 34% at HK$3.67 under heavy volume, but off their intraday high of HK$3.69. Buying was due to hopes that the company, like its parent Hon Hai, will become part of Apple's supply chain.
Foxconn International, whose production facilities are mostly located in the same complexes as Hon Hai's across China, has not played a major role within the Foxconn group, because the unit hasn't been involved in the production of Apple products.
Heavy buying came after Citigroup said in a report dated Friday, without citing sources, that Foxconn International last month started manufacturing metal casings for the iPhone 5, and Hon Hai may shift some of its iPhone assembly work to the subsidiary later this year. The brokerage raised its rating on Foxconn International to Buy from Neutral and listed the target price to HK$5.80 from HK$4.00, saying that the iPhone business will help raise the company's factory utilization rate to 80%, compared to 30%-50% in the past few years.
Nomura also said in a report Friday that Hon Hai is likely to shift some of its iPhone component production to Foxconn International, even though the subsidiary may not start assembling iPhones. "Foxconn International has some idle capacity and such order transfer makes good sense. But assembling (the) iPhone needs a lot of fine-tuning of Foxconn International's facilities and quality control and that's not easy to be done," the house said.
Foxconn International said in a statement to the Hong Kong Stock Exchange that its board isn't aware of any reason for the stock movement.
"The board also confirms that there are no negotiations or agreements relating to intended acquisitions..." it said.
Foxconn International's revenue stood at $6.38 billion last year, a tiny figure compared with Hon Hai's group revenue of $118 billion.
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benoir
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Post by benoir on Nov 5, 2012 3:35:04 GMT -8
re foxconn... I guess there's more $$'s in it over the long term to assemble/manufacture iPhones than commodity items like Nokia.
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Post by jmolloy on Nov 5, 2012 3:37:59 GMT -8
I see that IDC's "tablet shipments" data is getting some traction around the web.
Man, we're going to see some dramatic fire sale pricing, as per the HP thing a while back, come January when all this other hardware has to be paid for.
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Post by appledoc on Nov 5, 2012 4:29:49 GMT -8
My advice to some of you is to not pay attention to the pre-market.
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Post by lovemyipad on Nov 5, 2012 5:31:50 GMT -8
I like watching pre-market!! Especially at the moment...what IS that strange color??
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Post by rob_london on Nov 5, 2012 5:33:39 GMT -8
3m iPads sold in 3 days!
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Post by frqntflr on Nov 5, 2012 5:34:18 GMT -8
What's up with the PM spike? Did we get some iPad mini sales numbers? Looked around but haven't found any news item yet to explain the rise.
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Post by wheeles on Nov 5, 2012 5:35:11 GMT -8
Now that is more like it. I had a feeling we would get some good iPad figures today. Now the shorts that overstayed their welcome will be feeling the squeeze. 600 here we come.
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Post by frqntflr on Nov 5, 2012 5:36:26 GMT -8
... just found the article on SeekingAlpha re: 3M in 3 days
"Apple Sells Three Million iPads in Three Days"
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Post by frqntflr on Nov 5, 2012 5:37:37 GMT -8
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Post by appledoc on Nov 5, 2012 5:39:11 GMT -8
HELL YES. That's a freaking solid number, even if it includes the 4th gen iPad.
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Post by alice on Nov 5, 2012 5:39:12 GMT -8
It is good to see green aapl.
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