Apple (AAPL -3.6%) has sold off in early trading, apparently on news clearing firms are raising their margin requirements for positions due to fears of being too heavily concentrated in the $526B company. One firm, COR Clearing, raised its margin requirement to 60% from 30%. [View news story]
As a long time (5 years) investor in AAPL I am sitting back and enjoying the ride. Yes, I lost the gains of the last few weeks but I am so far ahead I can afford it. My advice is to invest for the long term, play puts and calls for the short term.
3D Systems (DDD) is receiving some bad PR in the tech press after suing popular crowd-funding platform Kickstarter for promoting a 3D printer that allegedly infringes one of 3D's patents. The printer in question was developed by startup Formlabs, which raised $2.9M via Kickstarter to build it, and the patent in question relates to improving the quality of products made using a printing technique known as stereolithography. [View news story]
The problem with court action to defend a patent rights is that the party with the most money will always win hands down. Been there, done that!
Apple's (AAPL -0.3%) recent selloff has been enough to make Jim Cramer turn bullish. "We think this is a buying opportunity for the long term — a 10% discount for a company trading at 10x [EPS], excluding cash," says the animated Mad Money host. He touts Apple's product line and $120/share in cash, as well as early iPhone 5 demand. (Nomura) (Sterne Agee) [View news story]
I added more shares this week to my already substantial holdings of AAPL. Also sold puts at Dec/700.
Apple (AAPL -3.6%) has sold off in early trading, apparently on news clearing firms are raising their margin requirements for positions due to fears of being too heavily concentrated in the $526B company. One firm, COR Clearing, raised its margin requirement to 60% from 30%. [View news story]
3D Systems (DDD) is receiving some bad PR in the tech press after suing popular crowd-funding platform Kickstarter for promoting a 3D printer that allegedly infringes one of 3D's patents. The printer in question was developed by startup Formlabs, which raised $2.9M via Kickstarter to build it, and the patent in question relates to improving the quality of products made using a printing technique known as stereolithography. [View news story]
Apple By The Numbers [View article]
Apple's (AAPL -0.3%) recent selloff has been enough to make Jim Cramer turn bullish. "We think this is a buying opportunity for the long term — a 10% discount for a company trading at 10x [EPS], excluding cash," says the animated Mad Money host. He touts Apple's product line and $120/share in cash, as well as early iPhone 5 demand. (Nomura) (Sterne Agee) [View news story]