Apple VIX Rises As Apple Rises? Won't Be Fooled Again [View article]
Interesting observation, I sold my $515 and $550 April calls yesterday, and I got very lucky. As soon as I sold, my OTM option premium dropped like $250-$300, when the stock price itself didn't make any large swings. Great article, I gotta keep my eye on AAPL vix from now on, didn't even know it existed.
Enough With The High P/Es, They Don't Matter [View article]
It amazes me how much people don't understand about finance and confident they love to sound. Having graduated from Texas myself, let me just say that the timberland that you're trying to sell me is probably mesquite which survives the 100 degree weather and has no leaves, so I'll probably pay you no more than 2 x its worth, $6,000. What i'm driving at is that people value companies and yes, they do pay sometimes 200 times its earnings, because of safety. I will wholeheartedly pay 100 x Apple's earnings just because of the brand loyalty i've seen, which to me translates into confidence, certainty. Let's say you buy a Spurs jersey from the store for $80, but if the same Jersey was worn by Tony Parker, people would pay thousands. This is the same concept. I rather pay 100 times more per $1 earnings for a company with a decent balance sheet, low debt, growth potential than pay 5 times more for a company that is in a sector with a lot of competitors, has a poor management, and is drowning in debt. Hope this explains it a bit, finance is not clear cut black and white, sometimes bubbles form from irrational exuberance, and sometimes they don't. Who knows maybe Chipotle's PE is forming a bubble as well, you fellas honestly think that short covering alone is driving up the price? What about fund managers who need to put their billions to use and are running out of quality stocks, so they drive up the price of the few that DO deliver. Also, I'm not sure how you thought my article was bias and more on the bullish side when I clearly stated the bearish case as well. Anyhow, thank you for serving our country.
Enough With The High P/Es, They Don't Matter [View article]
I was always horrible at picking title lol.... good luck on your trade as it seems like chipotle wants to retrace a bit. I'm on sidelines with CMG, but watch it like a hawk on daily basis. Saving my $$ to get in on the facebook IPO.
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Apple VIX Rises As Apple Rises? Won't Be Fooled Again [View article]
Apple VIX Rises As Apple Rises? Won't Be Fooled Again [View article]
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Enough With The High P/Es, They Don't Matter [View article]
Enough With The High P/Es, They Don't Matter [View article]
Enough With The High P/Es, They Don't Matter [View article]
Enough With The High P/Es, They Don't Matter [View article]
Enough With The High P/Es, They Don't Matter [View article]
Enough With The High P/Es, They Don't Matter [View article]
Enough With The High P/Es, They Don't Matter [View article]