Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,054
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Post by Dave on Jan 28, 2021 2:37:09 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,054
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Post by Dave on Jan 28, 2021 2:41:26 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,054
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Post by Dave on Jan 28, 2021 3:07:52 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,054
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Post by Dave on Jan 28, 2021 3:23:58 GMT -8
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Post by socal Film Composer on Jan 28, 2021 5:08:18 GMT -8
Congrats Longs - we had a pretty damn great run into ER - this will be a slow and steady climb up from here - patience will be rewarded! Can't wait to listen to the call this weekend. I expect a LOT of upgrades coming (i.e. those who didn't already rise targets ahead of this blowout quarter. Slow and steady, up and up.. I'd rather have a stock that trades around news vs. frothy and irrationally exuberant. Once the "real" market opens - i.e. BIG money vs. after hours nonsense - I expect us edge up and finish the day green.
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benoir
fire starter
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Posts: 1,314
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Post by benoir on Jan 28, 2021 5:36:21 GMT -8
Watching GME @ around $450 (I need to read more to understand what this is all about) in the pre market looks like that will be the focus of attention today. So guessing AAPL will be in holding pattern mode? I hope Apple takes advantage of this somewhat suppressed price.
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Post by Lstream on Jan 28, 2021 6:35:39 GMT -8
Watching GME @ around $450 (I need to read more to understand what this is all about) in the pre market looks like that will be the focus of attention today. So guessing AAPL will be in holding pattern mode? I hope Apple takes advantage of this somewhat suppressed price. Trading halted. In GME
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Post by gtrplyr on Jan 28, 2021 6:49:00 GMT -8
I have not posted in a while.
Great to see a quote from Tommo UK there, I remember him on the previous version of this forum many years ago .... he absolutely nailed it.
Did my part and bought some more AAPL at the open for our Roth IRA's. The selloff is, well it's not really a selloff but the stock should have been up a fair amount with such a great report .... patience.
Cheers to the longs!
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Jan 28, 2021 7:46:15 GMT -8
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Post by Luckychoices on Jan 28, 2021 8:02:04 GMT -8
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Post by Lstream on Jan 28, 2021 8:12:40 GMT -8
After these guys have forced all the hedge funds out of their short positions at massive losses, then what? This won’t end well when the inevitable selling stampede happens.
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Post by artman1033 on Jan 28, 2021 8:16:16 GMT -8
After these guys have forced all the hedge funds out of their short positions at massive losses, then what? This won’t end well when the inevitable selling stampede happens. GME now $153.00
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Jan 28, 2021 8:51:02 GMT -8
So much for record earnings. Oh well, this too shall pass.
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Post by Lstream on Jan 28, 2021 9:35:50 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Jan 28, 2021 9:36:22 GMT -8
After these guys have forced all the hedge funds out of their short positions at massive losses, then what? This won’t end well when the inevitable selling stampede happens. True, but there is still 100% short outstanding on Gamestop, so there is more fun to be had for now. Didn't think I could hate CNBC more, but they sure proved me wrong this week. I happen to think that the new retail investors are a good thing, although Robinhood really damaged its brand today. Yet another example of "when the product is free, you are the product." Robinhood sells all those "free' trades to high-frequency trading firms.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,054
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Post by Dave on Jan 28, 2021 9:42:11 GMT -8
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Post by gtrplyr on Jan 28, 2021 9:49:40 GMT -8
My whole position on the GME-Reditt issue is constantly evolving.
This is a fairly complex issue and I'll admit that I was having a very hard time understanding how a internet forum group could pull something like this off. The more I understand, the more I realize that at the very core of the problem is a hedge fund industry gone wild. Shorting a company into oblivion, short interest exceeds share float, seems to be the big problem. WHY the SEC would allow such nonsense is the question that I think CNBC should be asking, rather than demonizing a group of investors who saw a huge flaw in the system and then used it to their advantage.
The whole thing stinks and IMHO hurts the entire market as the average investor looks at this and simply decides that the stock market is too risky. In their defense, after seeing what we have for the last week it would be hard to argue with this, even though a deeper look would prove otherwise.
I remember how much I despised shorts when they would descend on AAPL and even TSLA ......
I'm not entirely sure how the SEC or anyone fixes this issue but from what I've learned, I would think that "naked" shorting should not be allowed.
It's nice to see some of you again, I got heavily invested in TSLA, while keeping all of my AAPL and it's proved to be a very good investing strategy! Glad to be invested in both but I will say that investing in AAPL requires little of my time at this point, a greater company you could not find. TSLA still gives me grief for various reasons, Elon being one, I still wish AAPL had bought TSLA years ago when it had it's chance. I used to post that years ago on AAPL and TSLA forums and got panned pretty hard from both sides. HA ....
Cheers to the longs
EDIT: Looks like I better change my signature from "Stop multiplying by 7" to "4"
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Post by silkstone on Jan 28, 2021 9:50:57 GMT -8
Leon Cooperman: The market cannot ignore multi trillion dollar debt and deficits forever but it can ignore them for a while longer.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Jan 28, 2021 9:53:48 GMT -8
How silly of me to expect that actual boffo financial results should matter more than the CEO’s willingness to reveal future product plans 🤪
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Post by Lstream on Jan 28, 2021 9:56:08 GMT -8
My whole position on the GME-Reditt issue is constantly evolving. This is a fairly complex issue and I'll admit that I was having a very hard time understanding how a internet forum group could pull something like this off. The more I understand, the more I realize that at the very core of the problem is a hedge fund industry gone wild. Shorting a company into oblivion, short interest exceeds share float, seems to be the big problem. WHY the SEC would allow such nonsense is the question that I think CNBC should be asking, rather than demonizing a group of investors who saw a huge flaw in the system and then used it to their advantage. The whole thing stinks and IMHO hurts the entire market as the average investor looks at this and simply decides that the stock market is too risky. In their defense, after seeing what we have for the last week it would be hard to argue with this, even though a deeper look would prove otherwise. I remember how much I despised shorts when they would descend on AAPL and even TSLA ...... I'm not entirely sure how the SEC or anyone fixes this issue but from what I've learned, I would think that "naked" shorting should not be allowed. It's nice to see some of you again, I got heavily invested in TSLA, while keeping all of my AAPL and it's proved to be a very good investing strategy! Glad to be invested in both but I will say that investing in AAPL requires little of my time at this point, a greater company you could not find. TSLA still gives me grief for various reasons, Elon being one, I still wish AAPL had bought TSLA years ago when it had it's chance. I used to post that years ago on AAPL and TSLA forums and got panned pretty hard from both sides. HA .... Cheers to the longs EDIT: Looks like I better change my signature from "Stop multiplying by 7" to "4" Shouldn’t you be saying “Stop multiplying by 28?”
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Jan 28, 2021 9:58:48 GMT -8
Leon Cooperman: The market cannot ignore multi trillion dollar debt and deficits forever but it can ignore them for a while longer. I can't think of a less relevant guy to be interviewed during a populist revolt trade than a 100 year old fund manager. Even the other guests on CNBC were rolling their eyes at him. Yes Leon, the Fed can and will keep rates low. Forever. Because the Treasury cannot pay their bills. And Fed chairs love becoming Treasury Secretaries. Edit: Not saying debt or accelerating it with MMT isn't a problem.
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Post by Lstream on Jan 28, 2021 10:01:30 GMT -8
Today I am most annoyed with FaceDick’s Zuckerberg and his constant whining about Apple. As if he is somehow entitled to spy on and sell his users.
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Post by gtrplyr on Jan 28, 2021 10:01:55 GMT -8
Thanks Lstream, DONE!
BTW, updated my avatar ... for all that care, it's a newly acquired 1965 Fender Stratocaster .... near MINT condition!
Thanks Tim for allowing such a purchase! (It wasn't cheap)
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Jan 28, 2021 10:35:16 GMT -8
Thanks Lstream, DONE! BTW, updated my avatar ... for all that care, it's a newly acquired 1965 Fender Stratocaster .... near MINT condition! Thanks Tim for allowing such a purchase! (It wasn't cheap) I'm curious, is this for playing, or is it like an investment grade car that sits under glass in a hermetically-sealed room?
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Post by gtrplyr on Jan 28, 2021 10:40:31 GMT -8
It won't see any gigs but I'm using it in my studio! It's really clean .... original frets in basically unplayed condition but it would be a shame not to play it.
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Post by Luckychoices on Jan 28, 2021 10:55:21 GMT -8
Thanks Lstream, DONE! BTW, updated my avatar ... for all that care, it's a newly acquired 1965 Fender Stratocaster .... near MINT condition! Thanks Tim for allowing such a purchase! (It wasn't cheap) Just took a quick look online...DAMN. Good for you! 😊
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Post by ifan on Jan 28, 2021 11:59:45 GMT -8
Gangbusters growth in Mac, iPad, iPhone, Wearables has made some analysts lose focus on the truly sustainable/consistent growth in services.
If my models are correct, we will see over $60 billion in services revenue in FY 2021, with over $100 billion by 2024-25. At 60% GM (66% in 2020) that is $60 billion+ in profits without even mentioning hardware, new product categories, etc.
Gross margin for all products in 2020 was $69 billion, putting 2025 services alone at equal to all 2020 Hardware margin.
Fun to think about. Also, my friends who work at Apple, who never speak about their own projects, have said they've been hearing a lot about selling hardware as a subscription too. I wonder how that would compare with the current payment plans/financing.
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Post by silkstone on Jan 28, 2021 12:03:18 GMT -8
Yes jd, i agreed with the first three words in your post but I didn’t realize billionaires were irrelevant when it comes to their opinions on the economy and the markets.
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Post by podboy on Jan 28, 2021 12:24:09 GMT -8
Yes jd, i agreed with the first three words in your post but I didn’t realize billionaires were irrelevant when it comes to their opinions on the economy and the markets. You must be fun at parties.
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Post by archibaldtuttle on Jan 28, 2021 12:56:27 GMT -8
Best earnings in years. Worst trading day this year so far... Go figure
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