Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 29, 2016 2:05:15 GMT -8
Good morning everyone. Shanghai, Nikkei and FTSE are GREEN. Unfortunately everything else is RED, including AAPL which is trading at $106.70 -0.24 (-0.22%). Not a good start to the week. Little in the news: It's Monday. Apparently no one is up but me. I'll just leave you with the wise words of the Macalope, Apple’s very bad, awful week: Say what?Have a great day. Lets' make money.
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Post by mrentropy on Aug 29, 2016 4:51:56 GMT -8
I'm up. 1 year old, been up since 4:00.....
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Post by tuffett on Aug 29, 2016 5:35:47 GMT -8
Bought a bunch of Sep 9 $100 puts and Sep 23 $97 puts. Insurance...
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Post by tuffett on Aug 29, 2016 8:36:37 GMT -8
Invites sent out...September 7th is the big day.
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Post by artman1033 on Aug 29, 2016 8:40:08 GMT -8
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Aug 29, 2016 9:05:53 GMT -8
Bought a bunch of Sep 9 $100 puts and Sep 23 $97 puts. Insurance... I believe that this is the second time that you have bought puts and then we have taken an upturn. I am going to propose that the board starts a GoFundMe to pay for your puts.
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Post by tuffett on Aug 29, 2016 9:36:06 GMT -8
Bought a bunch of Sep 9 $100 puts and Sep 23 $97 puts. Insurance... I believe that this is the second time that you have bought puts and then we have taken an upturn. I am going to propose that the board starts a GoFundMe to pay for your puts. They're cheap...I'd like nothing more than for them to expire worthless. But I'd welcome the financial assistance Although I don't think 17 cents within three hours of trading qualifies as much of an upturn. Let's see where we after the tax decision and iPhone 7 intro. Those are the two events I'm concerned about.
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Post by tricouleur on Aug 29, 2016 10:43:17 GMT -8
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Post by tuffett on Aug 29, 2016 10:54:58 GMT -8
Yes, $1B is not much in the grand scheme of things and will be appealed. I can live with that.
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Post by mace on Aug 29, 2016 11:02:59 GMT -8
Bought a bunch of Sep 9 $100 puts and Sep 23 $97 puts. Insurance... Support at 102 Suddenly you're so bearish? $102, then better sell all your AAPLs since that mean it will establish a new bottom lower than $88 later. I'll commit suicide if AAPL goes below $104.50
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Post by mace on Aug 29, 2016 11:05:09 GMT -8
GS makes that computation, my computation is max $10B, definitely lower since I overestimated everything just to get a max figure.
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Post by nagrani on Aug 29, 2016 14:19:14 GMT -8
Nagrani, are you still long TSLA? Chart looks good. Yep. Just shares. Love Elon
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Post by firestorm on Aug 29, 2016 15:38:18 GMT -8
I think Tim has been listening to my rants about not enough cool new products. According to Bloomberg as quoted in MacRumors, October will bring announcements of new laptops and a 5K standalone display. Thanks for listening, Tim.
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Post by mace on Aug 29, 2016 16:09:36 GMT -8
Yep. Just shares. Love Elon Possible Inverse Head And Shoulders could be interesting... You didn't notice the H&S for AAPL in the month of Aug? Neckline around $108.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,183
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Post by JDSoCal on Aug 29, 2016 21:55:08 GMT -8
We'll see if the market agrees. Most people don't know that Apple makes "hundreds of millions" of dollars (as The NYT breathlessly reported that Apple may owe) in a day or two, depending on the quarter. Hopefully, the iPhone 7 has some surprises that will get us a pop? Haven't heard much about the 7, other than Woz's bellyaching about the missing headphone jack. Then again, I've been busy and paying a lot less attention to this stuff. I'm going to buy a Plus after having a 6 for 2 years. BTW, am I the only one who thinks this is over the top for an ad on Apple's Website?
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