Apple May Be Worth $1111, But Shares Won't Get There Anytime Soon [View article]
"Apple is the new Nokia, its shares will contiune fall for like 10-12 years.
Apple is still in the denial phase, not sure they have understood theire own problem."
These seem to be the types of comments made by someone who has absolutely no money invested in the marketplace but plenty of time to post nonsensical opinions without any factual support.
Apple Cannot Be Valued: Warren Buffett Knows This And You Should Too [View article]
David,
I guess I didn't make myself clear. If Buffett really wanted to value Apple, or for that matter almost any company, he certainly could. The point is that Buffett doesn't feel comfortable with the industry so he doesn't even try to value Apple. He is simply not interested, so he doesn't spend the time.
Also, even if Apple were not a technology company, it certainly doesn't fit the " forgotten value stock" label that Buffett seeks.
In short, Apple is simply not the type of company or investment that Buffett seeks. That, however, says a lot about Buffett but nothing about Apple's business. Apple and Buffet are simply not a good match.
If you read my previous comment, you will see that my LEAP calls went up 59% from Friday morning. The remaining upside is still huge.
Nevertheless, I must confess that you and I got lucky with the timing. The important thing is not that, apparently, we got to time the stock turnaround perfectly this time, but rather, that one ought to be disciplined and keep on doing the right thing regardless of what other people think.
I keep on repeating my axiom over and over: One should never be more invested in being right that in making money.
The 2015 LEAPs 850 calls are already trading at $35. So they have moved from $22 on Friday morning when I bought the last ones to $35 on Monday afternoon, a 59% move in a day. Granted, Apple has moved from $505 to $565, or 12% in the same period of time.
The move was quick and swift and I must confess, I didn't expect that but, naturally, I am happy with it. I am not getting out, though as the upside is still enormous.
Is it too late to get in? Not at all. Think long term. How much will be the call worth if Apple goes back anywhere close to $700? How much will it be worth if it starts getting close to the strike price? That's why you get the LEAPs; to give yourself a chance to be right and to have time on your side.
Apple Cannot Be Valued: Warren Buffett Knows This And You Should Too [View article]
Indeed there is. You have left Buffett's investment philosophy out and, hence, his comments are out of context and misinterpreted.
Firstly, Buffett doesn't buy stocks, he invests in business and stays with them for the long haul.
Secondly, Buffett invests in businesses he understands very well and simply doesn't even take a look at business he doesn't understand well. That's smart. It works for him and should be emulated.
Thirdly, Buffett himself would tell you that the fact that he himself doesn't understand or invest in technology businesses doesn't mean that technology businesses are not understood by others, value properly by others, and invested properly by others.
True, but inexpensive when compared to buying the stock and almost no time decay. Also, when the stock rebounds you are going to get a great profit out of the trade with very little risk.
Here is simple and straightforward way of playing Apple's move today:
I have been steadily buying 2015 LEAP $850 calls. That will give you and idea of how confident I am about the company's future. Not today or next week - why care about that? - but a year or two down the row.
Because these Out of The Money $850 calls have no intrinsic value, my downside risk is very small; Because they are LEAP 2015, they give me plenty of time to profit with very little time decay. So, I have plenty of time and upside on my side and low risk.
Also,, I don't have to try time the stock, I simply put my bids and let the option prices come to me as the stock comes down. Once the stock price reverses the value of the option will increase significantly.
Apple: Back To Basics And Quite Compelling [View article]
I don't see why you wouldn't be received well. As long as we all keep our posts respectful we should be able to have a civil conversation. I am sure I'll see you around the site.
Apple: Back To Basics And Quite Compelling [View article]
Wow, I must confess that I find the tone of your response to this particular reader appalling. Whether right or wrong, one ought to keep the level of the conversation respectful and you, in particular, as a contributor, must show much more patience and restrain.
Apple: Back To Basics And Quite Compelling [View article]
I have bought LEAP 2015 $850 Apple calls. The Leap calls minimize the time decay and give me plenty of time to profit from a price bounce. Further, because the strike price is $850 the percentage increase in in the call's price will be much greater if the stock recovers anywhere close its previous high.
In other words, the downside is minimized (is anyone really willing to say that Apple will be lower a couple of years from now than today?), the upside is magnified and I can pull the trigger at any time and close the position with a profit. This, I call, stress free trading.
Six Reasons Apple Is Ready to Climb [View article]
"If Apple can’t run, the market won’t sustain a rally. If Apple doesn’t drop, the market won’t sustain a selloff."
Jason, I love the Apple products and like the stock (and your articles), but this commentary, sorry to say, is simply nonsense. You don't really mean that, do you?
Apple Is Not Worth $460 [View article]
Apple May Be Worth $1111, But Shares Won't Get There Anytime Soon [View article]
Apple is still in the denial phase, not sure they have understood theire own problem."
These seem to be the types of comments made by someone who has absolutely no money invested in the marketplace but plenty of time to post nonsensical opinions without any factual support.
I guess that's how one gets to 726 posts.
Apple Cannot Be Valued: Warren Buffett Knows This And You Should Too [View article]
Seriously? I wonder how we all do it...
Apple Cannot Be Valued: Warren Buffett Knows This And You Should Too [View article]
I guess I didn't make myself clear. If Buffett really wanted to value Apple, or for that matter almost any company, he certainly could. The point is that Buffett doesn't feel comfortable with the industry so he doesn't even try to value Apple. He is simply not interested, so he doesn't spend the time.
Also, even if Apple were not a technology company, it certainly doesn't fit the " forgotten value stock" label that Buffett seeks.
In short, Apple is simply not the type of company or investment that Buffett seeks. That, however, says a lot about Buffett but nothing about Apple's business. Apple and Buffet are simply not a good match.
Did Apple Bottom Friday? [View article]
If you read my previous comment, you will see that my LEAP calls went up 59% from Friday morning. The remaining upside is still huge.
Nevertheless, I must confess that you and I got lucky with the timing. The important thing is not that, apparently, we got to time the stock turnaround perfectly this time, but rather, that one ought to be disciplined and keep on doing the right thing regardless of what other people think.
I keep on repeating my axiom over and over: One should never be more invested in being right that in making money.
Did Apple Bottom Friday? [View article]
The 2015 LEAPs 850 calls are already trading at $35. So they have moved from $22 on Friday morning when I bought the last ones to $35 on Monday afternoon, a 59% move in a day. Granted, Apple has moved from $505 to $565, or 12% in the same period of time.
The move was quick and swift and I must confess, I didn't
expect that but, naturally, I am happy with it. I am not getting out, though as the upside is still enormous.
Is it too late to get in? Not at all. Think long term. How much will be the call worth if Apple goes back anywhere close to $700? How much will it be worth if it starts getting close to the strike price? That's why you get the LEAPs; to give yourself a chance to be right and to have time on your side.
Apple Cannot Be Valued: Warren Buffett Knows This And You Should Too [View article]
Firstly, Buffett doesn't buy stocks, he invests in business and stays with them for the long haul.
Secondly, Buffett invests in businesses he understands very well and simply doesn't even take a look at business he doesn't understand well. That's smart. It works for him and should be emulated.
Thirdly, Buffett himself would tell you that the fact that he himself doesn't understand or invest in technology businesses doesn't mean that technology businesses are not understood by others, value properly by others, and invested properly by others.
Did Apple Bottom Friday? [View article]
Did Apple Bottom Friday? [View article]
Did Apple Bottom Friday? [View article]
I have been steadily buying 2015 LEAP $850 calls. That will give you and idea of how confident I am about the company's future. Not today or next week - why care about that? - but a year or two down the row.
Because these Out of The Money $850 calls have no intrinsic value, my downside risk is very small; Because they are LEAP 2015, they give me plenty of time to profit with very little time decay. So, I have plenty of time and upside on my side and low risk.
Also,, I don't have to try time the stock, I simply put my bids and let the option prices come to me as the stock comes down. Once the stock price reverses the value of the option will increase significantly.
Did Apple Bottom Friday? [View article]
Apple: Back To Basics And Quite Compelling [View article]
Apple: Back To Basics And Quite Compelling [View article]
Apple: Back To Basics And Quite Compelling [View article]
In other words, the downside is minimized (is anyone really willing to say that Apple will be lower a couple of years from now than today?), the upside is magnified and I can pull the trigger at any time and close the position with a profit. This, I call, stress free trading.
Six Reasons Apple Is Ready to Climb [View article]
Jason, I love the Apple products and like the stock (and your articles), but this commentary, sorry to say, is simply nonsense. You don't really mean that, do you?