Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 27, 2013 0:00:57 GMT -8
To those that suspect that "window dressing" by funds may be an issue with AAPL:
The final trading week of last quarter (March 25th-28th) - AAPL declined $21 from $463 to $442.
I know we were already in a mini downtrend from last week, but I wonder if this is adding to our very low levels this week...?
|
|
|
Post by rob_london on Jun 27, 2013 2:37:32 GMT -8
Yes, I agree, coupled with the two broker downgrades earlier this week on reportedly light iPhone 5 sales.
AAPL received another downgrade this morning:
June 27 (Reuters) - Apple <AAPL.O>: * Susquehanna cuts price target to $440 from $480; rating neutral.
|
|
|
Post by rob_london on Jun 27, 2013 2:38:45 GMT -8
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 27, 2013 2:51:21 GMT -8
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 27, 2013 2:57:07 GMT -8
Yes, I agree, coupled with the two broker downgrades earlier this week on reportedly light iPhone 5 sales. AAPL received another downgrade this morning: June 27 (Reuters) - Apple <AAPL.O>: * Susquehanna cuts price target to $440 from $480; rating neutral. Do you have a link?
|
|
|
Post by rob_london on Jun 27, 2013 3:32:56 GMT -8
|
|
|
Post by rob_london on Jun 27, 2013 3:37:45 GMT -8
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 27, 2013 3:42:20 GMT -8
Thanks for the link. "Apple estimates lowered below consensus at Susquehanna Susquehanna lowered Apple estimates below consensus to reflect checks that indicate continued mix challenges. The analyst does not believe Street estimates reflect the appropriate levels of low-end devices and that estimates will likely come down after the July earnings call. Additionally, checks indicate the new iPhone launch will be in early-September vs. previous expectations of a July launch, adding additional risk to September quarter consensus estimates. The firm maintains its Neutral rating and lowers its price target to $440 from $480." I doubt any serious analyst has expectations of a July launch built into their September estimates.
|
|
|
Post by artman1033 on Jun 27, 2013 4:09:40 GMT -8
The APPLE REFURBISHED store has been refilled. Some discounts up to 33% off. Many "current" edition products now on sale.
|
|
|
Post by rickag on Jun 27, 2013 4:28:31 GMT -8
Thank you. The block purchases on the uptick are interesting, Apple buying? Don't the rules require them to buy at the ask?
|
|
|
Post by phoebear611 on Jun 27, 2013 4:39:10 GMT -8
Thank you. The block purchases on the uptick are interesting, Apple buying? Don't the rules require them to buy at the ask? No, corporates cannot buy on the ask. They need to stay on the bid side and I believe they cannot buy on the ask if it is a plus tick. I posted the rule several times - will try to find it and post again because my memory is like swiss cheese these days.
|
|
|
Post by phoebear611 on Jun 27, 2013 4:41:12 GMT -8
Corporate Buy Backs - 'Rule 10b-18'
Manner of purchase: The issuer or affiliate must purchase all shares from a single broker or deal during a single day. Timing: An issuer with an average trading volume less than $1 million per day or a public float value below $150 million is unable to trade within the last 30 minutes of trading. Companies with higher average-trading-volume or public float value can trade up until the last 10 minutes. Price: The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted. Volume: The issuer can't purchase more than 25% of the average daily volume.
By the way - if there is a block of stock that may be sold at a discount - it won't be incorporated into the total share count bought on the day. That's why if there is a hedge fund or large institution that wants to sell a large block - the first call from the broker should be to the corporate.
|
|
|
Post by rickag on Jun 27, 2013 4:45:54 GMT -8
Corporate Buy Backs - 'Rule 10b-18' Manner of purchase: The issuer or affiliate must purchase all shares from a single broker or deal during a single day. Timing: An issuer with an average trading volume less than $1 million per day or a public float value below $150 million is unable to trade within the last 30 minutes of trading. Companies with higher average-trading-volume or public float value can trade up until the last 10 minutes. Price: The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted. Volume: The issuer can't purchase more than 25% of the average daily volume. Damn
|
|
|
Post by phoebear611 on Jun 27, 2013 4:53:16 GMT -8
Leap Motion technology segment on CNBC is amazing. Is AAPL watching this stuff? So much AAPL can do to leap frog. They do not have to be elitist and think that if they don't come up with it then it shouldn't be bought. I am - and have said in the past - in agreement with JD who was pounding the table on this a few weeks ago - and applemuncher who brought it up again yesterday - that AAPL should have approached Waze LAST YEAR. And that GOOG's purchase of Waze is troublesome. You need to have an open mind that perhaps someone out there thought of something and managed to deliver it before you (AAPL) did. And as a company with boat loads of cash -- USE IT FOR PURCHASES OF COMPANIES LIKE THIS OR Leap Motion -- and focus on other items on the drawing board.
|
|
|
Post by ibuyer on Jun 27, 2013 5:14:06 GMT -8
Corporate Buy Backs - 'Rule 10b-18' Manner of purchase: The issuer or affiliate must purchase all shares from a single broker or deal during a single day. Timing: An issuer with an average trading volume less than $1 million per day or a public float value below $150 million is unable to trade within the last 30 minutes of trading. Companies with higher average-trading-volume or public float value can trade up until the last 10 minutes. Price: The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted. Volume: The issuer can't purchase more than 25% of the average daily volume. By the way - if there is a block of stock that may be sold at a discount - it won't be incorporated into the total share count bought on the day. That's why if there is a hedge fund or large institution that wants to sell a large block - the first call from the broker should be to the corporate. Do you think that the buyback would stop from about 2 weeks before the quarter end until after earnings report.
|
|
|
Post by appledoc on Jun 27, 2013 5:17:14 GMT -8
Corporate Buy Backs - 'Rule 10b-18' Manner of purchase: The issuer or affiliate must purchase all shares from a single broker or deal during a single day. Timing: An issuer with an average trading volume less than $1 million per day or a public float value below $150 million is unable to trade within the last 30 minutes of trading. Companies with higher average-trading-volume or public float value can trade up until the last 10 minutes. Price: The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted. Volume: The issuer can't purchase more than 25% of the average daily volume. By the way - if there is a block of stock that may be sold at a discount - it won't be incorporated into the total share count bought on the day. That's why if there is a hedge fund or large institution that wants to sell a large block - the first call from the broker should be to the corporate. Do you think that the buyback would stop from about 2 weeks before the quarter end until after earnings report. No. The buyback isn't going to support price. Watching the PPS fall off a cliff isn't an indication that Apple isn't buying.
|
|
|
Post by ibuyer on Jun 27, 2013 5:36:23 GMT -8
Do you think that the buyback would stop from about 2 weeks before the quarter end until after earnings report. No. The buyback isn't going to support price. Watching the PPS fall off a cliff isn't an indication that Apple isn't buying. Why do you say that? Companies often have blackout/quiet periods.
|
|
|
Post by rob_london on Jun 27, 2013 5:50:13 GMT -8
Sadly AAPL continues to be unloved.
|
|
|
Post by terps530 on Jun 27, 2013 5:50:43 GMT -8
on cnbc they are referencing the how the latest apple ads are supposedly flopping bigtime... www.businessweek.com/news/2013-06-26/apple-s-tv-commercials-touting-company-values-flop-with-viewers"The company’s latest ad, which began airing June 10, has earned the lowest score of 26 Apple TV ads in the past year, according to Ace Metrix Inc., a consulting firm that analyzes the effectiveness of TV ads through surveys of at least 500 TV viewers. The ad scored 489 on the company’s scoring system, below an industry average of 542 and far below past iconic Apple campaigns that often topped 700."
|
|
|
Post by artman1033 on Jun 27, 2013 6:15:53 GMT -8
AAPL dividend yield = 3.06%
MSFT dividend yield = 2.66%
hmmm...
|
|
|
Post by sponge on Jun 27, 2013 6:19:55 GMT -8
This is good. Mercel made a point that Apple is paying a high price in supplies and manufacturing as it transitions from Samsung. Apple is slowly building a better system which will bear fruits in 2015/2016
|
|
|
Post by macwire on Jun 27, 2013 6:30:43 GMT -8
Aapl deciding to play with rally for a change. For now. Need it to rip to push spy calls higher...
|
|
|
Post by Apple II+ on Jun 27, 2013 6:31:36 GMT -8
on cnbc they are referencing the how the latest apple ads are supposedly flopping bigtime... www.businessweek.com/news/2013-06-26/apple-s-tv-commercials-touting-company-values-flop-with-viewers"The company’s latest ad, which began airing June 10, has earned the lowest score of 26 Apple TV ads in the past year, according to Ace Metrix Inc., a consulting firm that analyzes the effectiveness of TV ads through surveys of at least 500 TV viewers. The ad scored 489 on the company’s scoring system, below an industry average of 542 and far below past iconic Apple campaigns that often topped 700." So those ads ranked worse than the Genius ads last summer? Ouch! It's a shame, because the "Intention" WWDC keynote video with a similar theme was excellent. See it here: www.youtube.com/watch?v=VpZmIiIXuZ0
|
|
|
Post by appledoc on Jun 27, 2013 6:32:39 GMT -8
RDR in the works. Finally showing bullish divergence on the daily MACDh. Could be a good spot for a short term momo play.
|
|
|
Post by terps530 on Jun 27, 2013 6:35:42 GMT -8
im guessing its an age thing. young people want the fun lively music with the commercial instead of one comment i read calling it 'cancer music' lol. i find it pleasant and relaxing personally.
|
|
|
Post by terps530 on Jun 27, 2013 6:39:55 GMT -8
haha- as a followup to some of the posts yesterday, cnbc next break is going to be on what to buy, apple or blackberry
|
|
|
Post by Red Shirted Ensign on Jun 27, 2013 6:44:44 GMT -8
Apple has now reached that magic place where absolutely everything it does is wrong.
It's existing products are old, stodgy, too thin, too fat, not colorful enough, has screen sizes that aren't right, software that can't move photos with a "bump..
It's new announced products in software are too innovative,,not innovative, too colorful, too thin, too deep, too flat, too different, not different enough.
It's expected but unannounced new products are not going to be innovative, are too late. There are too many of them coming or not enough. They are not sticking to what they know, and they are not doing enough new things.
And, horrors, their ad campaign is bad.....
So I bought a chunk more common at 398. Love perfect storms.
|
|
|
Post by sponge on Jun 27, 2013 6:46:15 GMT -8
im guessing its an age thing. young people want the fun lively music with the commercial instead of one comment i read calling it 'cancer music' lol. i find it pleasant and relaxing personally. If you look at the ad, it actually makes a powerful statement to many groups. It manages to show many races, ages, cultures, in a very stylish fashion. You want to associate with the people and feel a connection that is very international. In fact it seems geared towards other counties which may explain US displeasure with it. I like it a lot.
|
|
|
Post by sponge on Jun 27, 2013 6:50:27 GMT -8
The stock gets weaker as the market gets stronger. If the economy really falters in the 4th quarter and the market corrects, while Apple introduces a number of great products, we may be getting set up for the mother of all rallies in January.
But don't get too excited because I don't see it get past 525.
|
|
|
Post by Red Shirted Ensign on Jun 27, 2013 6:56:57 GMT -8
The stock gets weaker as the market gets stronger. If the economy really falters in the 4th quarter and the market corrects, while Apple introduces a number of great products, we may be getting set up for the mother of all rallies in January. But don't get too excited because I don't see it get past 525. I will hold my enthusiasm in check.
|
|