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Post by appleaddict on Jan 29, 2014 18:14:48 GMT -8
Perception is reality.
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Post by lovemyipad on Jan 29, 2014 19:08:45 GMT -8
I give up on using fundamental analysis as a predictor of stock price. Welcome to my world. First time I said this was April 2011. Every time I've forgotten since then, I am once again reminded.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Jan 29, 2014 19:24:17 GMT -8
I give up on using fundamental analysis as a predictor of stock price. Welcome to my world. First time I said this was April 2011. Every time I've forgotten since then, I am once again reminded. Easy now, TA lady, just because I am leaving the Hare Krishnas doesn't mean I am joining Scientology.
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Post by nagrani on Jan 29, 2014 19:26:33 GMT -8
From a TA Standpoint - Aren't we ridiculously oversold?
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Post by firestorm on Jan 29, 2014 19:34:17 GMT -8
I don't remember, but I suspect Google went up when it bought Motorola; now it has gone up again since selling Motorola. What a great strategy!
For the first time since 1998, I am completely out of AAPL. Emotionally, I am spent. What I didn't realize was that the growth spurt from the huge margins produced by the iPhone and iPad could not be maintained unless Apple could start selling across the universe or came up with a long string of equally revolutionary products. Until Apple creates compelling new products that have the potential to change our lives–as did their best products under Steve Jobs–I see no reason to own this stock or trust this company to enter the future. I don't think that the executive team includes a true visionary, except for Jonathan Ive, and I'm not sure an artist should be running the company.
I will continue to monitor the company and stock and, if conditions change, I can shift my strategy on a dime. Best of luck to all of you.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Jan 29, 2014 19:59:53 GMT -8
I'd just like to point out, just because Apple didn't do something, doesn't mean it could not have done it. The fact that Apple has not continued to grow is anecdotal, and it is fallacious inductive reasoning to claim, as some have here, that Apple's recent earnings reports "prove" any "laws" about large companies. Maybe Apple just fucked up somehow? Anyway, I think I might actually be losing my mind, so feel free to put me on ignore.
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Post by lovemyipad on Jan 29, 2014 20:09:23 GMT -8
Welcome to my world. First time I said this was April 2011. Every time I've forgotten since then, I am once again reminded. Easy now, TA lady, just because I am leaving the Hare Krishnas doesn't mean I am joining Scientology. Heehee.
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Post by lovemyipad on Jan 29, 2014 20:10:18 GMT -8
From a TA Standpoint - Aren't we ridiculously oversold? See daily SMA-200. IMHO, potential target.
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Post by mcharliem on Jan 29, 2014 20:13:37 GMT -8
I don't remember, but I suspect Google went up when it bought Motorola; now it has gone up again since selling Motorola. What a great strategy! Google announced the purchase of Motorola early the morning of Monday 8/15/2011. The stock opened up down 2% and closed that Friday down 13% from the previous Friday. It got hammered for buying Motorola, so if nothing else, the rally on the sale is consistent.
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mark
fire starter
Posts: 1,574
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Post by mark on Jan 29, 2014 20:14:19 GMT -8
As has been said before, if Apple doesn't see its stock as a screaming BUY at these levels, then why should anyone else? Um ... didn't they buy 30 or 40 million of them over the last few months?
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mark
fire starter
Posts: 1,574
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Post by mark on Jan 29, 2014 20:19:51 GMT -8
I give up on using fundamental analysis as a predictor of stock price. Imagine if you will, Apple made a $12.5B acquisition to compete in the mobile revolution, and then had to dump it a couple years later for a fourth of that price. Would it be up 3% in the after hours trading? Of course, Apple caused the mobile revolution that Google has failed to prove it can be profitable in, and AAPL is the one down 10% this week. WS is really fucked in the head. They are a bunch of monkeys in a room with typewriters. And if one person says I am whining, I will not hesitate to cock-punch you. It's completely f-ed up! Unless they are valuing the patents they are keeping at some inordinately high number, they will be writing off a goodly number of billion in the quarter this deal closes. Accountants out there, is this correct?
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Deleted
Deleted Member
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Post by Deleted on Jan 29, 2014 20:49:01 GMT -8
Yeah, I've capitulated on the stock market as well. I'm investing in tangible things going forward, as the stock market is a complete kink, played by rogues who aren't even charming.
That's not to say I won't let my investment in Apple run, on the (crazy) wild chance we get one or more of the following catalysts in the near - term:
1. Larger buyback 2. New category product 3. Surprise earnings or guidance in April 4. Unexpected acquisition 5. Split
And I'll be sending more nasty grams to SEC, along with names who I think are part of the Big Con.
The intriguing opportunity is how to leverage the retail investor into something more than their current status as muppets?
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Post by firestorm on Jan 29, 2014 20:51:44 GMT -8
I'd just like to point out, just because Apple didn't do something, doesn't mean it could not have done it. The fact that Apple has not continued to grow is anecdotal The fact that Apple has not continued to grow is evidenced by the numbers. Executives are human, and bound by their own capabilities, creativity, and leadership: I don't trust them to do the right thing any more than I trust politicians to do the right thing; they may simply not know how.
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Post by macoz on Jan 29, 2014 21:36:48 GMT -8
I'd just like to point out, just because Apple didn't do something, doesn't mean it could not have done it. The fact that Apple has not continued to grow is anecdotal The fact that Apple has not continued to grow is evidenced by the numbers. Executives are human, and bound by their own capabilities, creativity, and leadership: I don't trust them to do the right thing any more than I trust politicians to do the right thing; they may simply not know how. What sort of growth percentage will satisfy you. To say that Apple is not growing is not true. Look at the growth in the Deferred revenue figures. If there is no growth or unit sales are declining the deferred revenue numbers will be declining. Apple is a victim of the fact that many people do not understand or pay attention to deferred revenue accounting.
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Post by firestorm on Jan 29, 2014 21:56:46 GMT -8
The fact that Apple has not continued to grow is evidenced by the numbers. Executives are human, and bound by their own capabilities, creativity, and leadership: I don't trust them to do the right thing any more than I trust politicians to do the right thing; they may simply not know how. What sort of growth percentage will satisfy you. To say that Apple is not growing is not true. Look at the growth in the Deferred revenue figures. If there is no growth or unit sales are declining the deferred revenue numbers will be declining. Apple is a victim of the fact that many people do not understand or pay attention to deferred revenue accounting. Doesn't matter. I don't think that Apple can grow its volume of iPhone and iPad sales much beyond what they are now. You may disagree. But I'm tired of hearing that Apple is misunderstood by Wall Street. Doesn't matter. I'm here for the money, not for excuses.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Jan 29, 2014 22:30:48 GMT -8
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