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Post by phoebear611 on May 20, 2014 2:19:44 GMT -8
Good morning peeps, While you were sleeping…
• Asia all green • Europe all red • US futures red (pointing slightly down) Snapshot news on Apple – two main topics this morning in multiple outlets for each topic:• Several stories on Gulf Air becoming the latest airline to carry iPad electronic flight bags • Another grouping of articles on what JD pointed out yesterday evening – Walter Isaacson said he thinks the alleged tie up with Beats Electronics could be more about content — and Jimmy Iovine — than software and hardware. AAPL trading at $606.49 (+1.90) in PM ALL ABOARD.....Enjoy the ride
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Post by firestorm on May 20, 2014 6:55:36 GMT -8
Where is everyone ... out shopping for a new car?
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Post by qualitywte on May 20, 2014 7:02:58 GMT -8
I think the buyback is one thing that is keeping the bear raids at bay. Keeping the volatility low too. Could be institutional buying too.
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Post by macwire on May 20, 2014 8:16:07 GMT -8
This is untradeable slop
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Post by phoebear611 on May 20, 2014 8:59:41 GMT -8
There is low volume in general - this week is notorious for low volume on the exchange. It's like watching grass grow.
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on May 20, 2014 9:28:26 GMT -8
Memorial Day holiday prep, eh? Well, traders certainly are going away.
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Post by Luckychoices on May 20, 2014 11:07:20 GMT -8
Loved this from Daring Fireball yesterday:
================================ MONDAY, 19 MAY 2014
Time’s Up ★ 60 days ago:
[Apple only has] 60 days left to either come up with something or they will disappear,” said Trip Chowdhry, managing director at Global Equities Research. “It will take years for Apple’s $130 billion in cash to vanish, but it will become an irrelevant company … it will become a zombie, if they don’t come up with an iWatch.”
I’m really going to miss Apple. ================================
The Time's Up★ line linked to a Daring Fireball post from 60 days ago:
================================ 60 Days
Cadie Thompson, writing for CNBC, “Time Is Ticking for Apple to Announce an iWatch, Say Analysts”
Apple needs an iWatch sooner rather than later, or the company will risk losing its innovative edge to rivals, analysts say.
“They only have 60 days left to either come up with something or they will disappear,” said Trip Chowdhry, managing director at Global Equities Research. “It will take years for Apple’s $130 billion in cash to vanish, but it will become an irrelevant company … it will become a zombie, if they don’t come up with an iWatch.”
I’m guessing the ellipsis denotes when he paused for another line of coke.
★ Thursday, 20 March 2014 ================================
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Post by Red Shirted Ensign on May 20, 2014 13:38:17 GMT -8
If we had ended up red today, I would have taken it perfectly in stride but to get that last tick up and closing green on a tough(er) day in the market, just seems right....
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on May 20, 2014 14:47:11 GMT -8
Red apparently hates flying...
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on May 20, 2014 15:23:56 GMT -8
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Post by Luckychoices on May 20, 2014 15:27:15 GMT -8
For any forum members who yearn to be a stock analyst or even a "legendary stock picker", please study the photo below to learn the proper pose and expression to use when you make your appearance on CNBC. ============== Apple's run isn't over, according to legendary stock picker Bill Miller. The tech giant has seen its stock continue to climb, breaking $600 a share earlier this month for the first time since October 2012, and Miller thinks it will still go higher. "It's not as attractive as it once was, but I still think it's worth $700, $750," he told CNBC's "Closing Bell" Tuesday. ==============
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on May 20, 2014 17:28:20 GMT -8
For any forum members who yearn to be a stock analyst or even a "legendary stock picker", please study the photo below to learn the proper pose and expression to use when you make your appearance on CNBC. ============== Apple's run isn't over, according to legendary stock picker Bill Miller. The tech giant has seen its stock continue to climb, breaking $600 a share earlier this month for the first time since October 2012, and Miller thinks it will still go higher. "It's not as attractive as it once was, but I still think it's worth $700, $750," he told CNBC's "Closing Bell" Tuesday. ============== Hilarious. Not as bad as Tom Friedman's pathetic NY Times photo though. BTW, Miller's fund - which doesn't hold AAPL - is up big the last two years, but $10K invested is only worth about $21,700 since it's 2000 inception. $10K held in AAPL since 2000 would be worth about $800,000... So I'm thinking I'm a more legendary stock picker. Just need to get the right photo of myself looking pensive and legendary.
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Post by phoebear611 on May 20, 2014 17:46:53 GMT -8
I have the perfect image for you JD! Every time you write about your fat fingers and how you are waiting for the larger (hopefully) iPhone 6, I get this image ...it's pensive and legendary!
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Post by Luckychoices on May 20, 2014 18:51:43 GMT -8
For any forum members who yearn to be a stock analyst or even a "legendary stock picker", please study the photo below to learn the proper pose So I'm thinking I'm a more legendary stock picker. Just need to get the right photo of myself looking pensive and legendary. Perfect! And please let me know when CNBC contacts you, JD.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on May 20, 2014 19:40:52 GMT -8
I'd only make it on CNBC one time, but I would be banned for foul language or attacking a host. Hattip: The Beard
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