OMG. Law of large numbers or whatever! We understood what you were saying. Thanks for the article. Wonder what iTV would look like. What would set it apart, would be a better discussion.
Thanks for the article. I think you expressed, very well, what thousands of investors have been feeling. I listened to the conference call and dumped my shares at the time when the Q&A started. Eventually, I may repurchase. At this point, I would rather repurchase at a higher price (than when I dumped $481), than sit around HOPING that management will turn around the revenue trend. I am amazed that there are some people who think that it is acceptable for AAPL (the largest publicly traded company) to NOT give investors some decent reassurance that they are going do whatever it takes to ensure our money is safe. Public Relations is a force to be dealt with. ESPECIALLY, if the value of a company has been slashed by 25% and is at risk of even further decline. This is not "Monday morning quarterbacking", because this has been going on too long of a period of time. There are probably plenty people at AAPL that disagree with the way AAPL has handled this "iCrisis".
Apple Doesn't Have A Problem, You Do [View article]
I have not had time to look at the volume action you are talking about. You have a very strong conviction regarding this. Of course, if a hedge fund dumped 800,000 shares in the last few second, some one had to purchase the shares. Who and why would someone buy the shares? I agree that volume seem huge, especially since this is not a "penny stock". Exactly what are your concerns?
Apple Doesn't Have A Problem, You Do [View article]
Well.......no one really know the answer to your question. Otherwise, this investing stuff would be easy. Since we don't know when AAPL will step up to plate and give us some guidance, the stock is likely to consolidate around the $450 level. Some bad news, it could take another leg down. Some good news, people may start piling in, again. AAPL has a history of over delivering and we tended to give them the benefit of the doubt. Inverstor's seem to be re-evaluating this position. This is why stocks need time to consolidate. If you are thinking the AAPL story is still alive, do not commit all your available apple money at this price point. You may still be able to buy some "on sale".
Is Apple The 2000 Cisco/Microsoft Of Today? [View article]
There was a recent SA article describing how a falling PE multiple can be a leading indicator to an underlying problematic company. The relatively low AAPL PE is why I felt comfortable start buying in the $600 range, as the stock started to retrace. Meanwhile, despite this low PE, there were enough sellers to take it lower and lower. The quarterly earnings report (Jan 23rd) was the time for AAPL to tell the world "we deserve a higher multiple". Well, this time, they simply did not deliver. As such, here we are. At $440-450. Comparing the PE with other companies (current or historical),at these level seems fruitless. Since AAPL fosters an atmosphere of silence/mystery, the only thing investors have is FAITH. Faith that they will give the World something new.
Don't Believe The Hype: Apple's Growth Story Is Not Over [View article]
Haven't really heard any NEW bearish comments in the past couple days. What made you buy at $448 (assume you bought in the past 24 hours or so) and turn around and sell. I know it just broke into the $430's this evenings.
Yes. Thanks. The call started a little after 5 pm EST / 2 pm PST. So, I guess they released the numbers around 4:30 pm EST. Is it possible to get the numbers at the exact same time as the "big guys" ?
Nothing "stupid" about holding AAPL. I'm not working right now, so my "wealth factor" is lower. Otherwise, I would start accumulating at these levels, at a more conservative rate. Just going to wait for some consolidation and slowly start to ramp up. I've been in and out of this stock, probably too much. Initially, I would buy in lots of 10, 15 and sometimes 25 shares. Maybe I should be buying in lots of 5 or so. It seems hard to buy 5 shares of a stock. Of course AAPL could fix this "perception" by 10:1 split.....but we've all learned that that's not going to happen. Oh well !
ANYONE with comment? I listen to the "live"conference call, streamed off of Apple's web site. It started at 5:00 pm. When I sat down to listen to it at 4:55pm (the "live" call had NOT started), the stock price had already dropped $20. So I guess, either the call was not live to me or some how the numbers are announced before the conference call. If the latter is true, who/what/when/where do those numbers get released? Feels like ANOTHER disadvantage we al have to deal with.
You do not seem to be diversified enough. AAPL, QCOM, INTC ? in you retirement? I am NOT a financial advisor and i am not giving investment advice, just an observation . The other thing, we are hitting mulit-level highs on the major indices. The momentum seems to be to the upside, most of people on CNBC seem to be bullish. Sound familiar?
Stops are tough to use with a stock like AAPL. I was fortunate enough to listen to the conference call. I rarely do this. For even this relative novice investor, I was able to determine that AAPL was offering NOTHING, with regards to forward outlook. Maybe I should listen to more calls, but this thing was set up to go up or down depending on what they said during the call. It was amazing how fast the price dropped. The saving grace was, for me, I traded my shares in after hours at $481, but it continued to drop during the Q&A. Personally, I have broken even with my apple trades. But more importantly, I have learned a lot from this ride. Think that is the point of this author. Hopefully, I've learned enough to understand that stocks do not need a outrageously high PE, even if is a great company, to drop in value. The disclaimer that we always see "Stocks have inherent risks...including loss of principle...suitable for your investment ideas" is a very real thing.
Apple's Shares Are Approaching A Bottom [View article]
Agreed, but it is NOT about my attitude during the conference call. It is about the attitude of the company towards the shareholder. Public Relations IS important, especially during transition. All eyes were on this call. It was labeled as the most important conference call in AAPL history. Ignoring this was an AAPL mistake. It seemed to be a mistake of omission. AAPL must be developing a lower cost quality iPhone to take advantage of China market, which would enable future growth and AAPL like margins. Something like that is all they had to say! Well, atleast AAPL can buy back more shares for less. Guess that is positive.
Apple's Shares Are Approaching A Bottom [View article]
What technical indicator are you using to predict $350-380 bottom? $450 is 75% Fibonacci retracement from year ago or so. $400 seems like a respectable floor?
Apple's Shares Are Approaching A Bottom [View article]
I am glad I took the time to listen to the conference call. It is hard to translate the underlying sentiment that I felt/heard, while listening. Nevertheless, AFTER I realized that AAPL management was not willing to offer (the owners of AAPL) a single miserable "bone", I dumped my shares at $481. The Q&A was even worse. Most of the questions, asked by the analysts, we're not even answered. Just regurgitated some of the data in the main part of the conference call. So, with so much at stake, how is an investor suppose to decide if AAPL is a good investment? AAPL believes that it's investors should simply have "blind faith" and (in the words of Mr. Tim Cook) don't bet against Apple. Sorry, we need more than that. I don't make millions of dollars in compensation and bonuses and I don't have options to buy AAPL at $8 / share. Apparently, there are a lot of people feeling the same way, hence the sell off. It is very tempting to buy at the $450-460 level. Hey.....it can't go lower than that. Don't get sucked into that rational, because it can go lower. Wait for the dust to settle.
Seems like it is more about if AAPL is going to be able to maintain margins and margin outlook. Heard (analyst on CNBC) greater than ~48% ----> stock goes higher and vice versa. I remember when there was critism regarding iPad price point at $329. Many were saying should have been $200, to compete with the other e book readers. APPL clearly knows what they are doing by maintaining its margins with higher price iPad mini (I bought iPad mini for my girlfriend and I like it better than my regular iPad). Is anyone worried that APPL will report <48% margins?
The Problem With Apple Is Apple [View article]
MIA: Apple Investors [View article]
Apple Doesn't Have A Problem, You Do [View article]
Apple Doesn't Have A Problem, You Do [View article]
Is Apple The 2000 Cisco/Microsoft Of Today? [View article]
Don't Believe The Hype: Apple's Growth Story Is Not Over [View article]
Lessons Learned From An Apple Bull [View article]
Lessons Learned From An Apple Bull [View article]
Lessons Learned From An Apple Bull [View article]
I listen to the "live"conference call, streamed off of Apple's web site. It started at 5:00 pm. When I sat down to listen to it at 4:55pm (the "live" call had NOT started), the stock price had already dropped $20. So I guess, either the call was not live to me or some how the numbers are announced before the conference call. If the latter is true, who/what/when/where do those numbers get released? Feels like ANOTHER disadvantage we al have to deal with.
Lessons Learned From An Apple Bull [View article]
Lessons Learned From An Apple Bull [View article]
The disclaimer that we always see "Stocks have inherent risks...including loss of principle...suitable for your investment ideas" is a very real thing.
Apple's Shares Are Approaching A Bottom [View article]
Apple's Shares Are Approaching A Bottom [View article]
Apple's Shares Are Approaching A Bottom [View article]
Apple: Get Ready For January 18 [View article]