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Post by lance on Jun 27, 2013 7:09:49 GMT -8
If you back out 50billion of buyback from the stock market cap as 10 billion will be used to counter new employee stock. The market cap of aapl is 320billion. Google who makes 10billion in profits a year is 292billion currently. Apple made 41billion in net profits in 2012 ie 4 times as much. AAPL is basically being valued equal to google and Apple also has a 3% dividend. I guess that tells you how extreme the market thinks Apples profits will fall.
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Post by Lstream on Jun 27, 2013 7:12:25 GMT -8
If you back out 50billion of buyback from the stock market cap as 10 billion will be used to counter new employee stock. The market cap of aapl is 320billion. Google who makes 10billion in profits a year is 292billion currently. Apple made 41billion in net profits in 2012 ie 4 times as much. AAPL is basically being valued equal to google and Apple also has a 3% dividend. I guess that tells you how extreme the market thinks Apples profits will fall. We may want to be careful about using "the market" and "thinks" in the same sentence. It is times like this when money is made, when basically the whole world feels the company is a has-been. Assuming they are not of course.
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Post by appledoc on Jun 27, 2013 7:36:11 GMT -8
If we close below the open, it will be the most consecutive red candle days since December 2007/January 2008.
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Post by appledoc on Jun 27, 2013 7:38:11 GMT -8
Best case scenario: plunge later today or tomorrow at the open, hit the weekly SMA200 (which will be right above the 385.10 bottom) and then reverse course.
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Post by sponge on Jun 27, 2013 7:47:57 GMT -8
Best case scenario: plunge later today or tomorrow at the open, hit the weekly SMA200 (which will be right above the 385.10 bottom) and then reverse course. That is what I see as well. A short trip to 385 and bounce back.
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Post by appledoc on Jun 27, 2013 8:41:03 GMT -8
Best case scenario: plunge later today or tomorrow at the open, hit the weekly SMA200 (which will be right above the 385.10 bottom) and then reverse course. That is what I see as well. A short trip to 385 and bounce back. Disclaimer: even though I think that's a strong possibility, I don't see the bounce being long lived (ie. the low isn't in yet).
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Post by Luckychoices on Jun 27, 2013 9:00:51 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. Very well written summary, Red. You pretty much nailed it. :-)
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Post by sponge on Jun 27, 2013 9:15:12 GMT -8
5 days in a row we have an initial bounce in the morning with an eventual sell off. It sets us up for a flat or negative move as we keep moving forward.
It is going to be a long summer but it will end when the 5S comes out.
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Post by artman1033 on Jun 27, 2013 9:24:16 GMT -8
“Please give me some time. I work 16 hours every day and I also work on weekends to plan for the company’s future growth. I won’t let you (shareholders) down. The good day is not far away,” he vowed.HERE
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Post by archibaldtuttle on Jun 27, 2013 9:56:22 GMT -8
Last summer, one share of GOOG=one share of AAPL. This spring, one share of GOOG=2 shares of AAPL
How long before one share of GOOG= 3 shares of AAPL?
No one wants to buy or hold AAPL right now when everything else is doing so much better. No one except trapped longs like myself, who keep saying "there's no way it can go much lower than this." Even the most bearish guess on the poll yesterday said the lowest AAPL could possibly go is 369.
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Post by appledoc on Jun 27, 2013 9:58:42 GMT -8
Last summer, one share of GOOG=one share of AAPL. This spring, one share of GOOG=2 shares of AAPL How long before one share of GOOG= 3 shares of AAPL? No one wants to buy or hold AAPL right now when everything else is doing so much better. No one except trapped longs like myself, who keep saying "there's no way it can go much lower than this." Even the most bearish guess on the poll yesterday said the lowest AAPL could possibly go is 369. I didn't mean to imply that. 369 is the first target. I'm putting the absolute bottom at 311.
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Post by Deleted on Jun 27, 2013 9:59:19 GMT -8
Sorry, didn't see this post early enough to respond.
Burgess, my main man.
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Post by Deleted on Jun 27, 2013 10:25:02 GMT -8
I just heard from a friend (much higher up the ladder than a secretary) in an M&A department that he heard rumblings that Apple is considering going private. As I understand it, Apple has engaged this firm (you would all recognize it) to explore that option.
I am not saying this is going to happen, or that I was told it was going to happen.
What I was told was that with Apple's balance sheet and borrowing power it could be done, and the inquiry has been made.
When I think about it, you have several large shareholders that could throw their hat in with such a plan, greatly reducing the financing bar that going private would entail.
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Post by sponge on Jun 27, 2013 10:41:37 GMT -8
I just heard from a friend (much higher up the ladder than a secretary) in an M&A department that he heard rumblings that Apple is considering going private. As I understand it, Apple has engaged this firm (you would all recognize it) to explore that option. I am not saying this is going to happen, or that I was told it was going to happen. What I was told was that with Apple's balance sheet and borrowing power it could be done, and the inquiry has been made. When I think about it, you have several large shareholders that could throw their hat in with such a plan, greatly reducing the financing bar that going private would entail. I think we have heard this talk before. Will try confirm with my source. I still don't see it happening for many reasons. Rumors of it always come up when the stock is beat up like this.
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Post by Mav on Jun 27, 2013 10:49:19 GMT -8
If we close below the open, it will be the most consecutive red candle days since December 2007/January 2008. No, because of the 25th which was an up day. But it might as well be consecutive down days.
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Post by appledoc on Jun 27, 2013 11:06:31 GMT -8
If we close below the open, it will be the most consecutive red candle days since December 2007/January 2008. No, because of the 25th which was an up day. But it might as well be consecutive down days. Red candle meaning close lower than open. Which I think is even more remarkable than seven straight down days.
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Mav
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Post by Mav on Jun 27, 2013 11:07:52 GMT -8
Ok, you mean "filled" candle in another dialect of candle-speak. Gotcha.
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Post by Deleted on Jun 27, 2013 11:15:21 GMT -8
I just heard from a friend (much higher up the ladder than a secretary) in an M&A department that he heard rumblings that Apple is considering going private. As I understand it, Apple has engaged this firm (you would all recognize it) to explore that option. I am not saying this is going to happen, or that I was told it was going to happen. What I was told was that with Apple's balance sheet and borrowing power it could be done, and the inquiry has been made. When I think about it, you have several large shareholders that could throw their hat in with such a plan, greatly reducing the financing bar that going private would entail. I think we have heard this talk before. Will try confirm with my source. I still don't see it happening for many reasons. Rumors of it always come up when the stock is beat up like this. Bahaha...."I'll try to confirm with my source"
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Post by geraci on Jun 27, 2013 11:18:15 GMT -8
At this valuation, I feel like I am sitting on a sound investment. I just have to pretend 2012 didn't happen. :-)
(X) I do dread my next meeting with my financial advisor when he says "I told you to diversify out of some to those Apple shares."
(Y) But then I remember the advice of another friend in early 2009 when he told me "When it changes direction, it could go up fast."
Hopefully Y will happen before X. Every day we get a little closer, I think.
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Post by Lstream on Jun 27, 2013 11:25:26 GMT -8
I think we have heard this talk before. Will try confirm with my source. I still don't see it happening for many reasons. Rumors of it always come up when the stock is beat up like this. Bahaha...."I'll try to confirm with my source" WUT? What are you implying?
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Post by Deleted on Jun 27, 2013 11:27:22 GMT -8
I didn't mean to imply that. 369 is the first target. I'm putting the absolute bottom at 311. LOL
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Mav
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Post by Mav on Jun 27, 2013 11:33:43 GMT -8
Let's see how AAPL handles 395 first, shall we?
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Post by appledoc on Jun 27, 2013 11:35:37 GMT -8
I didn't mean to imply that. 369 is the first target. I'm putting the absolute bottom at 311. LOL How's pain working for you this week? No news to blame. Maybe you'll get lucky and get some negative news tomorrow.
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Mav
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Post by Mav on Jun 27, 2013 11:41:04 GMT -8
Isn't pain range 390-400?
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Post by appledoc on Jun 27, 2013 11:42:14 GMT -8
Isn't pain range 390-400? Wasn't on Monday...
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Mav
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Post by Mav on Jun 27, 2013 11:43:26 GMT -8
Pain range means different things to different people, I guess.
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Post by archibaldtuttle on Jun 27, 2013 11:45:19 GMT -8
I've been in pain for a while now.
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Post by Deleted on Jun 27, 2013 11:46:12 GMT -8
How's pain working for you this week? No news to blame. Maybe you'll get lucky and get some negative news tomorrow. Just keep drawing your squiggly lines. Too bad TA didn't prevent you from buying your spread a few weeks back.
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Post by Deleted on Jun 27, 2013 11:48:11 GMT -8
Pain range means different things to different people, I guess. No surprise there when one ignores the track record of Max Pain. I'm still waiting for the TA scorecard... ;D
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Post by Red Shirted Ensign on Jun 27, 2013 11:49:05 GMT -8
I just heard from a friend (much higher up the ladder than a secretary) in an M&A department that he heard rumblings that Apple is considering going private. As I understand it, Apple has engaged this firm (you would all recognize it) to explore that option. I am not saying this is going to happen, or that I was told it was going to happen. What I was told was that with Apple's balance sheet and borrowing power it could be done, and the inquiry has been made. When I think about it, you have several large shareholders that could throw their hat in with such a plan, greatly reducing the financing bar that going private would entail. Won't happen, IMHO. Can't happen, IMHO. And the idea that any such rumor would be bandied about by any competent professional in an M&A firm, which has the tightest NDA standards you would ever want to see (Trust me, I know), does not hold water. Someone is funnin' ya, Gregg. And Sponge, your "source" wont' know anything.
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