Seeking Alpha
  • callseller
    Call buyers of AAPL,GOOG,PCLN lost a lot of money in last 2-3 Fridays. Since these stocks are high priced, may be retails are buying them.
    5/25/12
    Reply (4)
    • eabyrd: AAPL fwd p/e of 12 and GOOG fwd p/e of 13.5 not high priced. PCLN fwd p/e near 21 not terrible, either.
      5/25/12
    • eabyrd: Price per share is high, sure, but that's not indicative of an expensive stock.
      5/25/12
    • callseller: I was saying that it costs 40K to buy 100 shares of $400 stocks. So there could be lots of call buyers to reduce the cost.
      5/25/12
    • eabyrd: Oh... my bad. lol.
      5/25/12