Seeking Alpha
  • Bret Kenwell
    Got long $F in November (~$10.60) but have sold some of that as it does indeed look extended here. Picked up some $AAPL pre-mkt @ 460.68
    1/24/13
    Reply (27)
    • Bret Kenwell: Might be early, but I'd rather get in now and sit tight.
      1/24/13
    • Perkins Cove: Will you let your new $AAPL postion go very far underwater? BTW, you have street cred IMO. That's why I'm asking.
      1/24/13
    • x oil -field: tag=follow
      1/24/13
    • Bret Kenwell: Hey perkins. Thanks for the compliment. I don't know to tell you the truth. I expect more selling for Apple. Maybe down to $425. @ $400 I...
      1/24/13
    • Bret Kenwell: would probably add a little more. The important thing (to me) is not to keep adding to apple on the way down. It's a big stock and could
      1/24/13
    • Bret Kenwell: crush a portfolio if it fell to far (which I don't think it will). Again, maybe I'm early but I want to get in now at a reasonable price and
      1/24/13
    • Bret Kenwell: I think here is a good price. Heck, it's a discount. even w/ lacking innovation they still do monster revs/eps growth with healthy margins
      1/24/13
    • Bret Kenwell: And a ton of cash on hand. And thanks x oil (I think!) haha
      1/24/13
    • x oil -field: @Bret Yes you do have street-cred's with me as well.. thank you for the feedback,BTW agree 125% with your reply.
      1/24/13
    • Bret Kenwell: Thanks x oil... I really appreciate that. The feeling is mutual, BTW. I think Apple will be fine in good time.
      1/24/13
    • x oil -field: I will not usually comment on high vaule stock,but I know the folks in this thread are civil given I've been here at StockTalk for sometime.
      1/24/13
    • x oil -field: It's just not worth the grief that will so-often follow, that's why I leave the heavy lifting to OM or realornot,and others.
      1/24/13
    • x oil -field: The problem with $AAPL,you (had) have 2 really strong competing forces here,1st the folks that have margin on irrational exuberance..cont.>
      1/24/13
    • Bret Kenwell: realornot. Quite the character. Always has to make me work to find his comments on account of his different avatar every other day haha.
      1/24/13
    • x oil -field: 2nd are the folks that got-in real early that have a 500%+ gain watching the stops,margin calls & HFT machine eating through their gains.
      1/24/13
    • x oil -field: In a nutshell it was a collision waiting to unfold,well it just did,I believe as u do $AAPL's a good investment for folks that stand strong.
      1/24/13
    • x oil -field: *Just my 2cent's
      1/24/13
    • x oil -field: Haha true.. he will keep us on our toes,we have to work just a little to keep-up with realornot,he like OM are good market-call timers,yes?
      1/24/13
    • Perkins Cove: Haha is right. I tried to get real to stick to a single avatar on a different thread........ http://seekingalpha.com/s/b4sn5
      1/24/13
    • Perkins Cove: Sorry, no luck....it seems to be a part of his "shtick"....grin
      1/24/13
    • x oil -field: Also found it confusing at 1st, [it seems to be a part of his "shtick"] but ''it's a great market timing tool in a way'', regardless cont.>
      1/24/13
    • x oil -field: ..if he's doing it [consciously or subconsciously] it's a great ''mood of the market timing tool'' just my 2cents.
      1/24/13
    • Bret Kenwell: Yes, definitely. I really like the two of them. Both are good with their calls. OM seems more consistent with 5-10% winners particularly...
      1/24/13
    • Bret Kenwell: in energy. Ron seems to have a knack for finding those home runs NOK, NFLX, RIMM, etc. and is good at timing them as well. Like them both.
      1/24/13
    • Perkins Cove: Hmmm, Bret, x oil -field got a runner up in last years Stocktalker of the Year Awards. I may have to nominate you for this year, grin.
      1/24/13
    • Perkins Cove: Good, civil threads are hard to find sometimes, LOL Will pay more attention when I see YOUR avatar.....
      1/24/13
    • Bret Kenwell: Haha Thanks Perkins. Appreciate the kind words.
      1/24/13