Jared

Cramer's Mad Money - Joy Global May Need Some Cheering up (6/4/09)

Why is this linked to AAPL? The article has no information about the stock.

Apple: Greatest Consumer Technology Company in the World?

"Analysts are expecting the company to earn $6.50 next year."

If Apple is guiding to $1.35 per share in the holiday quarter, don't you think those estimates will come down considerably?

Apple Valuations: Still at Risk

It doesn't matter if AAPL sells off tomorrow or not. If Apple guides lower than street consensus, the stock is going to take another hit on Wednesday.

Cash Position Best for Apple Investor

Where are all the haters now? This blog post has been up for an hour and we have yet to see a fanboy ripping Zach apart over his "cash over AAPL" blog.

Say what you want about Zach's posts over the past few weeks, but you should see now he was right. It's not that he doesn't like Apple. But he saw the reality of what was coming. Fundamentals, brisk iPhone sales and packed Apple stores don't mean a d@mn thing in this market. It's all going down. AAPL is not immune to this.

Now What for Apple Investors?

Why is Zach short? Because he likes to make money, possibly?

Why do all you fanboys come on here criticizing him every time? You guys hate dissenting voices. Just stay away from this blog if it bothers you that much.

You also have the mistaken notion that AAPL should be performing well in this market. It's a consumer stock, and things just don't look good for the consumer right now, in case you hadn't noticed. So stocks like this pay for that.

Apple: Expecting Short-Term Weakness

You certainly bring out the best in fanboys, Andy. LOL!

I hope you're right. I would love to buy shares at $120 or cheaper.

Apple Erases All of Post Earnings Losses

stay foolish, a dividend WOULD encourage long term investment. The lack of a dividend actually makes it more highly traded. If you want to receive dividends, you're probably not going to trade a stock.

Apple Erases All of Post Earnings Losses

If oil continues to unwind, AAPL may make another run at $200. There was good follow through today along with positive money flow.

AT&T Comments on Apple's 3G iPhone

They didn't have enough inventory to meet demand when the original iPhone launched. It's not surprising that they doubled the volume in the first 12 days this year. They probably would've have sold double what they did last year if the supply had existed.

My only point is that you should not take the comments at face value.

Apple vs. Bank of America: When "Whisper Numbers" Come Home to Roost

So, did BAC hit its whisper numbers or not? You don't even address that in your post. You just state that their earnings were down 41% YOY.

You should also note that BAC's share price receives a lot of support from a very nice dividend yield. The stock has been excessively pummeled in recent months due to speculation of a dividend cut. CEO Ken Lewis reiterated in the conference call Monday that he would not recommend a dividend cut to the board. The stock jumped as soon as he said that.

The SEC enforcement of existing short sale rules has also likely contributed to BAC's rise the past few days. We can't overlook that little fact.

Steve Jobs' Health: A Red Herring

The stock traded down into the $150s before the analyst on the call asked about Steve. A significant part of this hit is the guidance. The comments on forward earnings and margins suggest that Apple is sacrificing profits to maintain unit growth.

They can spin it as "product transitions" all they want. However, we all know that Apple has historically benefited from higher margins on new products.

Apple Investors Were Pinned on Friday

This is exactly why you're better off buying options that expire a month or two out, then selling them long before they expire. Average Joes can get crushed on OE days.

I have been building a Straddle Buy position on August options to play Monday night's earnings, using $125 puts and $230 calls - roughly equal dollar amounts, but not necessarily an equal number of contracts. I'll finish building that position some time before Monday's closing bell.

I don't expect either to ever be in-the-money before August's OE, but the stock will almost certainly swing so wildly in one direction or the other Tuesday morning that I should be able to unload the more favorable options (be it calls or puts) for a considerable profit that morning. It will easily offset the loss on the options in the other direction.

If the puts become the more favorable play (meaning the stock goes down Tuesday), I'll take the profits and buy $300 2010 LEAP calls! This is still a high growth story.

This Week's Key Earnings Reports

Ummmm, Bank of America, anyone? Hello? It's hard to believe BAC won't be as closely watched as WB or AAPL.