long_on_oil

Why Apple Is Worth $80

Stock is nothing but paper and unless you earn dividends the only way you profit is through capital gains. Capital gains are based on the greater fool theory; that is why we have market crashes; we run out of greater fools.
NEVER get emotionally involved with any stock. I have no love affair with apple and I love to read these posts of people defending the stock like they are married to it. This shows me there are plenty of greater fools left to drive this stock to $250 with no problem.

How Apple's Market Share Will Propel Stock to $500, Part 1

mrxg4 hit the nail on the head. Businesses buy the majority of the computers and they look at costs. If the final objective is to buy a computer that will access the internet and network then you buy the cheapest one to do the job.
If you looking for a computer to do music, videos, graphics and other multi media projects then you will probably buy the Apple.
People have a tendency to buy a computer like the one they use at work or one like their friends have, in which case it is the PC.
The crowd that buys the apple products are the same ones that wore shirts with alligators and polo ponies....lol

Apple will hit $500 a share when the dollar is worth 10c.

Can Apple Be a $300 Stock?

My point on Commodore was that the stock once sold for $120 but the company had poor manaagement and as you said did not innovate. These tech stocks can crash and burn so fast you can't get out of them fast enough. Enjoy the ride with MSFT and AAPL but just make sure you take profits before you get caught with your pants down.
I love tech stocks, they have been my biggest gainers and losers. Unfortunately human nature has you hold the losers to long and keeps you from selling the winners in a timely manner.
I know this is a high on apple article but never forget that fortune 500 companies perfer Microsoft and they will not forfeit their software investment to switch.

Can Apple Be a $300 Stock?

Apple at $300, you can have mine for $250 right now....lol
I'm old enough to remember Commodore and what competition did to them. Never underestimate your competition, especially if they have lots of cash. The new slim notebook introduced by Dell yesterday plus the rave reviews that Windows 7 is getting may reduce that $300 target. I own both MSFT and AAPL so I hope they both succeed but never let your love of a product blind you to another.
I link my laptop to my TV and watch TV over the internet on my big screen, this will be a huge new market and the company that taps it first will have something bigger than the phone market.

Will Oil Be the Last Asset Standing?

We all love cheap oil and the cheap gasoline that goes with it but lets face it every person on the earth uses so much energy per year. As the population increases so does oil consumption. The increase in population does not care about recession or prosperity so oil consumption keeps increaseing irregardless of the economic times.
Now we cut production due to low oil prices and we all know what that leads to.
Balancing oil prices to world demand is like an elephant walking a tight rope. We can blame speculators for high prices but blame will not produce one single barrel of oil.
If we produce 85 million barrels a day and the demand is 86 million then who gets left out? This is what the future looks like a supply demand disparity that is only resolved by high prices.
Not drilling and increaseing oil supplies is not going to stop the population explosion and the future demand.

Wall Street Breakfast: Must-Know News

Any company that accepts government money has a board that is a failure. It is clear the GM board is a major failure. GM is failing for a multiplicity of problems with the two biggest being legacy costs and sales. They have to cut costs and increase sales to get out of this mess. You can't cut costs when you have to deal with a Union that will not let you cut pension benefits like health care for retirees.
GM MUST get use to selling fewer cars and their business plan should be geared to that.
The entire management and board needs to be replaced by the stockholders not the government. Ford is dealing with the same problems and they have not accepted government bail out money.
The government should pick a slate of successful businessmen to replace the current board if the stockholders are not up to the task. Then let the stockholders vote on the new board. The board should not be forced down the stockholders throats.
This is a historic day that will change American business forever. We can not let the government take over management of American corporations.

Wall Street Breakfast: Must-Know News

The Government is going to do a bank up job running GM and if you believe that you will believe the market will hit 14000 by Friday. This administration makes me sick. The answer to all the problems seems to be just give money to bad businesses and hope they recover.
The businesses have to change their ways they just can't keep doing business the same old way and expect different results. The stockholders and boards must replace management, not the government. Just look at Obama's selections for his cabinet and you will see what I mean; nothing but tax cheats and misfits. These guys are throw offs from the Clinton administration and we expect them to fix the problems, get real.
Most life time government employees couldn't even run a hot dog stand at a profit, let alone GM.
Damn it, it is time for the boards and stockholders of these companies to stand up and be heard. Stop caving in to these losers from Washington.

What To Do in 2009

Anytime you can buy RIG for less than it cost you to fill your tank, you better do it. GE selling for less than it did in 1932...and paying a 7.7% dividend. Heck you can cut the dividend by 30% and still have a bargain. Do you really think GE won't benefit from Government contracts. GE will not fail they make to many products used by the government, airlines, cities, hospitals, national defense, nuclear power plants and on and on.
GE products are like Wal Mart, they touch every area of your life and I don't even own the stock yet. I do own a bunch of RIG.
Buy stocks that pay good dividends and make products we use everyday of our life. AG stocks come to mind. Stocks like MON, POT, DE, MOS.
Forget retail and consumer discretionary like Las Vegas and any high end restaurant stocks.

Fast Money Recap - Goodbye to the Goldman Standard? (12/2/08)

The SEC needs to check out the relationship between Cardiff and DRYS. There appears to be something fishy there. Is Cardiff ( a privately owned company owned by George E) off loading Cardiffs debt to drys by selling drys surplus ships? Since Cardiff controls the direction of DRYS, have the recent stock transactions of DRYS benefited Cardiff?

Wall Street Breakfast: Must-Know News

I would sooner put all my money on a single number at a roulette table than invest in Russia. I don't feel one bit sorry for BP and I own 1000 shares...lol This just shows why BP is lagging all the other oil companies. Poor judgement. And no I can't sell the shares because the dividend is yielding me over 10% based on my cost.