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Stocks reverse early losses to turn moderately green in mid-afternoon trade. Down nearly 0.5% in...

Stocks reverse early losses to turn moderately green in mid-afternoon trade. Down nearly 0.5% in this morning, the S&P 500 +0.4%. Nasdaq +0.2%, despite another ugly day for Apple (-2%).
Comments (18)
  • Lakeaffect
    , contributor
    Comments (973) | Send Message
     
    Buy the dips, baby, buy the dips!

     

    New world record tomorrow!
    4 Mar 2013, 02:53 PM Reply Like
  • ManoLive
    , contributor
    Comments (437) | Send Message
     
    Wrong!

     

    You NEVER go long in a downtrend.

     

    You go long in an UPtrend

     

    Apple is stuck in a DOWNtrend

     

    Don't fight the market trend

     

    You will always lose

     

    Buy puts.

     

    You won't be sorry.
    4 Mar 2013, 05:36 PM Reply Like
  • DavidTTaylor
    , contributor
    Comments (62) | Send Message
     
    Agree with you. The time to buy AAPL will come later,
    as Buffett tells Appleā€™s Cook to ignore Einhorn
    http://on.mktw.net/Xn8H7p
    5 Mar 2013, 04:15 AM Reply Like
  • SAR2401
    , contributor
    Comments (155) | Send Message
     
    Don't know about world records but I did just buy APPL at $420. I sold it out last October at $650 and $420 is starting to get down to breakup value. I actually hate Apple products but it's still a good company, so we'll see what happens. I either made a great buy or I sell out if it sinks another 10%.
    5 Mar 2013, 06:34 AM Reply Like
  • Kyle Spencer
    , contributor
    Comments (998) | Send Message
     
    Apple is now in GARP territory/@ PEG .62!

     

    http://bit.ly/1648GIH
    4 Mar 2013, 05:10 PM Reply Like
  • TFCAB
    , contributor
    Comments (1942) | Send Message
     
    AAPL.........stay away until the pain is over.......more to come. PEG is meaningless until the selling stops......no expert, but IMO $400 or lower is possible, especially if broad market sells off 10%
    4 Mar 2013, 05:21 PM Reply Like
  • ManoLive
    , contributor
    Comments (437) | Send Message
     
    Why stay away?

     

    This is a golden opportunity to make money shorting it

     

    I sold my last 300 shares last week at $445.00

     

    Am I ever glad I did!

     

    Whew, it's like a great weight has been lifted off my shoulders!

     

    I own 9 puts now, and am up over $4,000 in a few days!

     

    That's a difference of $11,500 to my bottom line

     

    If you never short a stock, you're missing out on some serious cash.
    4 Mar 2013, 05:40 PM Reply Like
  • TFCAB
    , contributor
    Comments (1942) | Send Message
     
    shorts are a different story! congrats to you.
    4 Mar 2013, 07:00 PM Reply Like
  • ManoLive
    , contributor
    Comments (437) | Send Message
     
    Why, thank you.

     

    First time I ever shorted Apple.

     

    Won't be the last

     

    You have to play the trend

     

    I now control my money, not the market. I am no longer a slave to a losing trade, boxed in like a caged animal, chained to my losses and unable to participate in real money winners.

     

    Rule # 1 Protect your profit. You can bet I'm keeping a majority of that $4000. Mr market will get very little of it.

     

    My stops will take care of that.

     

    Limit your losses. If you're in a bad trade, get out.
    5 Mar 2013, 12:30 AM Reply Like
  • pagreen1966
    , contributor
    Comments (573) | Send Message
     
    Only two weeks to go now until the BOD meeting and we will hopefully see a much larger dividend, an increased stock buyback and hopefully a serious stock split.

     

    That should turn things around! If it goes down to $400 I'm going to sell some of my other holdings and buy another 50 shares to add to the 500 I hold already. Christmas is hopefully coming early for me!!
    4 Mar 2013, 05:56 PM Reply Like
  • Atkins
    , contributor
    Comments (1037) | Send Message
     
    Don't hold your breath, pagreen. I doubt you'll see anything positive that quickly. Based on the unrelenting selling, I think we are looking at $390 soon -- and if the market tanks (which is likely), we're probably going lower than that. Upon the Q2 report, which is likely to be "disappointing" to the analysts, it may even drop further.
    4 Mar 2013, 08:30 PM Reply Like
  • ManoLive
    , contributor
    Comments (437) | Send Message
     
    Wow!

     

    Sorry to see you're stuck in a losing trade.

     

    Never go long in a downtrend

     

    Never fight the market.

     

    Protect your profit
    5 Mar 2013, 12:39 AM Reply Like
  • rooksmith
    , contributor
    Comments (87) | Send Message
     
    I agree. Apple mangagement should buy back a few million shares to counterattack the trend. Or they should consider shorting their own stock. ;-)
    4 Mar 2013, 09:04 PM Reply Like
  • never going back
    , contributor
    Comments (305) | Send Message
     
    Apple management is so ARROGANT its sickening. What in the hell are they doing?? Buyback should have been announced weeks ago. They are like a deer in the headlights!! Cook your rose is petal less. The ENTIRE insane move from 400-700 was on short COVERING when their margins exploded. This got management thinking they could do no wrong. I am disgusted by how fast this story has blown up. I hate individual stocks!!!
    4 Mar 2013, 11:57 PM Reply Like
  • ManoLive
    , contributor
    Comments (437) | Send Message
     
    So let it go!

     

    Sell your shares and go short.

     

    If you're stuck in a bad trade, just get out.

     

    You'll finally be happy to open your portfolio, for once

     

    Follow the market.
    5 Mar 2013, 12:42 AM Reply Like
  • Ghosts of Kariela
    , contributor
    Comments (152) | Send Message
     
    I don't think Cook cares to much about traders and short term folks, they seem to be concentrated on the company's products, not financial Shenanigans to raise stock price. I've been saying this for a while now, and Warren Buffets recent comments say essentially the same thing. If wall street was so good at running companies they would all be CEOs of multi-billion dollar companies. Long $AAPL and rather underwater, but as long as over all portfolio balances out I'll be fine.
    5 Mar 2013, 01:16 AM Reply Like
  • idkmybffjill
    , contributor
    Comments (1558) | Send Message
     
    Is Einhorn still long? His fund is taking quite a hit. Same with Tiger Global..
    5 Mar 2013, 01:00 AM Reply Like
  • june1234
    , contributor
    Comments (2499) | Send Message
     
    With markets cruising too many underperforming funds holding too much Apple selling, this one is getting cheap.
    5 Mar 2013, 03:43 AM Reply Like
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