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Post by lovemyipad on Jan 23, 2013 18:53:49 GMT -5
Feel like whining about AAPL / Apple? This is the place.
I'll start:
What a clusterf*ck of a year!!!
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Post by archibaldtuttle on Jan 23, 2013 19:03:36 GMT -5
Can you believe we're about to be down year over year? By April, it will be down a lot year over year.
Also, I keep thinking about all the other investments I could have made in the last year / six months / three months instead of AAPL calls. Take your pick.
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Post by jcaron on Jan 23, 2013 19:05:48 GMT -5
ah the apple swan song........ someone just drowned the swan :-(
On the brighter side, after a 50-60% decline from ATHs we should expect some sort of significant bounce...
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Post by archibaldtuttle on Jan 23, 2013 19:07:52 GMT -5
Yay, maybe our next trading range will be 450-520
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Post by terps530 on Jan 23, 2013 19:08:04 GMT -5
it drives me nuts that melissa lee is probably wet in the pants (for the first time in years) after this earnings report/cc. also i went from being a less than 2 years option investor almost getting my account to 6 figures, to dipping into 4 figures at tomorrows open. f*ck me. at least this time it's just on paper for the time being since 80% of it is jan 14 options. a lot of time until then, but still i bet the 4k per block of trade strategy i set up 2 weeks ago will be 1k per block now and I'll just have to sit and watch.  |
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Post by macwire on Jan 23, 2013 19:12:29 GMT -5
Just fuck. Fuckin fuck.
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Post by jcaron on Jan 23, 2013 19:17:44 GMT -5
terps how far OTM are your Jan 14's.. if they are far OTM do the analysis and see where apple needs to be to at least recover a portion of your investment. Right now I am going into salvage mode. I accept the mistake(s) I have made, now it is time to implement a strategy to minimize losses. And yes, I am looking at this as minimizing losses for now. Creating value will be stage 2 of the plan after there is a bit more clarity with this stock. it drives me nuts that melissa lee is probably wet in the pants (for the first time in years) after this earnings report/cc. also i went from being a less than 2 years option investor almost getting my account to 6 figures, to dipping into 4 figures at tomorrows open. f*ck me. at least this time it's just on paper for the time being since 80% of it is jan 14 options. a lot of time until then, but still i bet the 4k per block of trade strategy i set up 2 weeks ago will be 1k per block now and I'll just have to sit and watch. |
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Post by terps530 on Jan 23, 2013 19:34:31 GMT -5
terps how far OTM are your Jan 14's.. if they are far OTM do the analysis and see where apple needs to be to at least recover a portion of your investment. Right now I am going into salvage mode. I accept the mistake(s) I have made, now it is time to implement a strategy to minimize losses. And yes, I am looking at this as minimizing losses for now. Creating value will be stage 2 of the plan after there is a bit more clarity with this stock. Here is the link to what I got from the trading thread: aaplfinance.proboards.com/index.cgi?action=display&board=options&thread=33&page=10#22403I went into salvage mode last month  I could recover a good portion still but i'll wait for the dust to settle. Breakeven depends of course on time, but 550 by next Jan would do. |
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Post by alice on Jan 23, 2013 19:55:24 GMT -5
What are your plans to salvage your accounts? I would like to see a bounce to sell.
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Post by terps530 on Jan 23, 2013 19:59:27 GMT -5
What are your plans to salvage your accounts? I would like to see a bounce to sell. it completely depends how your account is invested and your timetable for when you may need any cash in the account. |
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Post by renee on Jan 23, 2013 20:26:21 GMT -5
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Post by jcaron on Jan 23, 2013 20:42:04 GMT -5
I plan to watch tomorrows action closely before making any desicions. After all the emotion is drained this could bounce. Results were not all that bad. Guidence sucks but it's not the first time. I was lucky, I had another bad feeling going in to this so I bought put spreads that ease the pain somewhat. Now it's time to take a deep breath, watch and formulate a plan... Of which I don't have as of yet.
Terps, you are not in all that bad of a position excluding you high strike spreads IMO. Those you can whittle down you CB over time trading in and out of the short legs IF we have price movement. I just hope apple is not going to trade sideways until some unknown catylist occurs. When the time is right you can then roll the long legs down and out.... This is the direction I am headed when the opportunity arises.
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Post by hydrarx on Jan 23, 2013 21:31:37 GMT -5
c'est la vie. La vie est dure.
(That is life. Life is hard.)
*sigh*
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,768
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Post by Mav on Jan 23, 2013 21:34:07 GMT -5
Actually, guidance worse than sucks because there's a perceived information void as to EPS. (There really isn't - I think Oppenheimer left out EPS to force analysts into applying the raw data themselves.)
But once you get past that, there IS the other problem of how to take Oppenheimer's guidance going forward. Personally, I think Oppenheimer is still leaving in the slightest bit of wiggle room.
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Post by terps530 on Jan 23, 2013 21:36:15 GMT -5
I'm just nervous about trading in and out or rolling the long legs down because that requires cash which I'm quite low on at the moment. I'd have to add $ to my account just to roll down eventually, but that would be cash that would sting a bit to lose. I'll think about it but let things settle down a bit first.
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Post by phoebear611 on Jan 23, 2013 21:41:36 GMT -5
I was worried that the stock was broken because there was a technical reason but after the TC call - he gave the street a fundamental reason now as well. It's going to be a long time before we get out of this situation. This will test the best of us.
By the way - some of the comments on the Twitter-sphere revolving around AAPL's management : new "lack of transparency" and "shockingly unprepared to answer questions during CC"
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Post by Wile E. Coyote on Jan 24, 2013 1:03:18 GMT -5
APPL = ACME?
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Post by Tetrachloride on Jan 24, 2013 11:13:03 GMT -5
Suffice it to say, I have a list.
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Post by terps530 on Jan 24, 2013 15:57:49 GMT -5
boeing has flying vehicles that hold people in them, exploding, and their stock is down maybe 5% from that.
if one of apple's batteries exploded in a phone, instant 20% drop at least.
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Post by lovemyipad on Jan 25, 2013 18:52:18 GMT -5
The sheer length of time is exhausting. Are we there yet? Are we there yet? No, no, and no.
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