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Post by aaplsauce on Dec 6, 2021 22:14:41 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Dec 7, 2021 2:59:28 GMT -8
This morning’s pre-market trading is a very nice shade of green. Green is good.
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Post by CdnPhoto on Dec 7, 2021 6:24:48 GMT -8
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Post by artman1033 on Dec 7, 2021 6:47:42 GMT -8
AAPL ALL TIME HIGH!$171.58All Time Highest TODAY intraday 111,366,956 shares traded today
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Dec 7, 2021 7:19:43 GMT -8
This morning’s pre-market trading is a very nice shade of green. Green is good. Nice to wake up the iMac and see some green first thing in the trading day too. I just skimmed through the posts going back to September. It wasn't that long ago the stock was dipping down to touch 140, multiple times. I was looking for a post I remember slightly that I wanted to quote, as a reminder about donating. I couldn't find it, but the short of it is to remember to donate if you are so inclined, or decide when you will and think about organizations you would like to help. And from the tax efficiency standpoint, if you have appreciated stock that you've held for over a year, it can be advantageous to donate appreciated stock. You can do that directly, but the non-profit has to be set up to receive it. Some places are, but many aren't. The other option is to use a DAF, a Donor Advised Fund. You transfer stock into it, which they sell immediately (in most standard cases) and put into the mix of investments you set up. They have a small annual fee of 0.6%, but you can send gifts of $250 and above to non-profits, and they just send them a check with the details you put. The advantages here are that you get the tax deduction in the year you put money into the DAF, not when you send it to the non-profit, so you have more flexibility. And it continues to grow in the DAF, even if not (normally) in individual stocks. The disadvantages is that it can take a few days, even once set up. I want to give the school a small check to match other checks for their food drive for some families, but since it is time sensitive (the money is used for someone to go to the store this week to buy things that weren't donated, to fill up the food bags they want to pass out next week), the DAF isn't the best choice. Anyways, this is just one of the options out there, which after talking to a couple friends about it we finally set up a year ago. We didn't put too much into it yet, especially since it requires giving up shares, which even on an ATH day aren't quite at the highest we expect them to be in the coming 3-12 months (Go Katy!). But it does help make giving donations a little easier in many cases, especially as we start giving more sizable ones. And not paying taxes on the stock appreciation, but still getting the full deduction, helps give us more to donate. Feel free to ask questions, privately or on the board, if you have any about a DAF. Happy new ATH, AAPL Investors! (EDIT: still working on stepping up our donations a bit, and I find it inspirational to occasionally hear that others donating, and increasing their donations. Here's a couple links on the DAFs: www.morningstar.com/articles/825629/is-a-donor-advised-fund-right-for-youwww.schwabcharitable.org/donor-advised-funds )
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Post by benoir on Dec 7, 2021 7:23:43 GMT -8
Be happy if we tracked sideway from 170 for a bit. Just consolidate this gain. From here if we had a 14% increase in share price per annum for the next 3 years we get to $250. Just need a corresponding 14%pa increase in EPS. 14% doesn’t sound crazy.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,241
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Post by JDSoCal on Dec 7, 2021 8:03:10 GMT -8
Weeeee™.
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Post by CdnPhoto on Dec 7, 2021 8:32:44 GMT -8
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ono
Member
posted
Posts: 555
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Post by ono on Dec 7, 2021 9:01:18 GMT -8
I'm happy with a Bull Case of $240. (my added line), but I'm easy to please. Does anyone else feel $358. is sensationalistic even as a "Bull Case" price target (targets frequently thought of as 12 months or 18 months). Clickbait-y?
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Post by artman1033 on Dec 7, 2021 9:10:51 GMT -8
Hon Hai sales top NT$600 billion in November
NT$600 billion (US$21.58 billion)
Market analysts said the strong showing in November indicated solid global demand for the latest iPhones: the iPhone 13 series, which made their debut on the global market in September.
Hon Hai is believed to be the sole assembler of the two larger iPhone 13 models: the iPhone 13 Pro and iPhone 13 Pro Max, both which appeared more popular compared with the two smaller models. It is also thought to be responsible for 65-70 percent of assembly orders for the entire iPhone 13 series. focustaiwan.tw/business/202112060006
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Dec 7, 2021 9:13:50 GMT -8
I'm happy with a Bull Case of $240. (my added line), but I'm easy to please. Does anyone else feel $358. is sensationalistic even as a "Bull Case" price target (targets frequently thought of as 12 months or 18 months). Clickbait-y? I normally like her targets and details on why. What I don't like is the probabilities. A 22% chance of $200? And nearly a nil chance of whatever the "bull case" is? I'd expect, if publishing a bull case, for it to have a 20-30% chance. And a standard estimate should be in the 50-70+% range. That's why, 15 months ago, I put the "40+% probability" estimate out there. There are always wall of worry items out there, or items that don't even make the wall, that could cause problems that make AAPL not hit mild, medium, or bullish expectations. But putting out price predictions that you don't solidly feel there is a decent probability of it hitting or exceeding seems more like a lame way to try to cover your butt, when really it takes away from the otherwise solid prediction.
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Post by rob_london on Dec 7, 2021 9:59:38 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,241
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Post by JDSoCal on Dec 7, 2021 10:02:46 GMT -8
Sheet, if Apple hits $200, I'm getting a gold plated toilet seat. If it hits $358, solid gold, 24K! LFG! 📈🚀
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Post by CdnPhoto on Dec 7, 2021 10:09:00 GMT -8
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Post by firestorm on Dec 7, 2021 10:33:54 GMT -8
Again, Oui !!!!!!!!!!!!!
Now, if Elon Musk could just STFU like Tim Cook, I would be happy.
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Post by firestorm on Dec 7, 2021 10:36:28 GMT -8
Sheet, if Apple hits $200, I'm getting a gold plated toilet seat. If it hits $358, solid gold, 24K! LFG! 📈🚀 In an appropriate shade of Apple Rose Gold, I presume, and not some garish shade of gold like some people would choose.
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Post by ericinaustin on Dec 7, 2021 10:54:32 GMT -8
Forget gold I’m going for the Toto “Tushi care 2000”
Those toilets do everything.
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Post by duckpins on Dec 7, 2021 12:50:39 GMT -8
Musk is an accident waiting to happen. Not sure he is totally honest about anything. Reminds me of Ellison more than SJ. Buy the QQQ or TQQQ, that is enough Musk for me.
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Dec 7, 2021 13:52:38 GMT -8
AAPL is up another percent in AH, starting pretty much just after the close.
I thought maybe everything was up, after upping the debt ceiling, but nope. Intel said they would take Mobileye public. Intel isn't up in AH, but maybe valuing that puts more value on the AAPL conglomerate?
Interesting to see, but often it's hard to know if AH moves will hold into the next day's pricing, so I mostly just don't worry about them. Still, between that, and the options volume, there's stuff going on aside from just +$5 days we're seeing with the stock in normal hours.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,241
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Post by JDSoCal on Dec 7, 2021 14:04:13 GMT -8
Musk is an accident waiting to happen. Not sure he is totally honest about anything. Reminds me of Ellison more than SJ. Buy the QQQ or TQQQ, that is enough Musk for me. Ha ha I've been saying this for how long? But now that he's attacking Bidenflation and central planning, he's a loose canon! 🤣
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ono
Member
posted
Posts: 555
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Post by ono on Dec 7, 2021 14:41:20 GMT -8
So far... After-Hours High $173.87
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Post by pauls on Dec 7, 2021 14:46:05 GMT -8
Biggest one day paper gain, also ATH for our combined accounts, pretty nice day. Congrats fellow loooongs, and you too, looooooooooongs. Amazing ride over the years. Glad none of you listened to Sponge.
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Post by dc930 on Dec 7, 2021 15:56:53 GMT -8
I just skimmed through the posts going back to September. It wasn't that long ago the stock was dipping down to touch 140, multiple times. I was looking for a post I remember slightly that I wanted to quote, as a reminder about donating. I couldn't find it, but the short of it is to remember to donate if you are so inclined, or decide when you will and think about organizations you would like to help. And from the tax efficiency standpoint, if you have appreciated stock that you've held for over a year, it can be advantageous to donate appreciated stock. You can do that directly, but the non-profit has to be set up to receive it. Some places are, but many aren't. Could have been me. I've very much enjoyed donating appreciated stock instead of writing checks when possible. It allows organizations I care about to benefit from our good fortune.
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Dec 7, 2021 16:44:26 GMT -8
I just skimmed through the posts going back to September. It wasn't that long ago the stock was dipping down to touch 140, multiple times. I was looking for a post I remember slightly that I wanted to quote, as a reminder about donating. I couldn't find it, but the short of it is to remember to donate if you are so inclined, or decide when you will and think about organizations you would like to help. And from the tax efficiency standpoint, if you have appreciated stock that you've held for over a year, it can be advantageous to donate appreciated stock. You can do that directly, but the non-profit has to be set up to receive it. Some places are, but many aren't. Could have been me. I've very much enjoyed donating appreciated stock instead of writing checks when possible. It allows organizations I care about to benefit from our good fortune. It was! I found your post inspirational, and meant to quote it over the following days, but didn't get a chance to. Here it is: I added about 5% to my position last month for the first time in a while around $145, primarily to re-purchase shares I have donated over the past few years. I enjoy the tax-advantaged nature of donating shares from 10-15 years ago, and replacing with higher cost ones. Should have started doing that sooner! It was not due to earnings results, more of a general confidence in AAPL as a whole. I realized that other than selling covered calls, I haven't actually purchased new shares in my taxable account since 2013! That's on top of my annual purchase in my Roth IRA (new funding + reinvesting dividends). Thanks! (FWIW, it's a bit crazy reading through our local Northern Nevada Food Bank's tax forms, mainly because of the big numbers, but also because $35M of their $49M "income" was food instead of money. Subtract out that, pull out their $4M not used (saved for the future, like the previous year when they were in the red by a little on an annual basis), divide into their 20.8M meals of food given, and you might get around 2 meals per $1 donated, or even roughly the 3 meals per $1 donated that they quote. Really, either is amazingly impressive. But it looks like the 3 per $1 might be the general number that the nationwide network, FeedAmerica, gives. It's such a shockingly amazing number that I felt the need to double check it, but sometimes nonprofits can really push the envelope with the help of cheap or free goods and labor. We manage a similar thing with the trail organization I help with, building local trails for a tiny fraction of the cost a traditional paid crew would manage. Looks like we'll be sending a bit more to the food bank this year, from our Donor Advised Fund. Northern Nevada Food Bank fbnn.org )
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Post by dc930 on Dec 7, 2021 17:09:48 GMT -8
As we all gaze lovingly at our shiny new account balances, I really do encourage you all to consider donating some appreciated stock to a local charity that resonates with you.
The tax deduction is great, and if nothing else it answers the question of “what do I do with these shares that are up 10,000%?”
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