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  • Apple: Pride Comes Before A Fall [View article]
    That is not the trouble Michael, an analogy is better served comparing a grocery store to a fine dining restaraunt, one has very good margins and the other has very poor margins. we both know who has the better margins and who sells more food. It is ok to eat at home. It is great to taste a great chefs food.
    Feb 15, 2015. 02:49 PM | 1 Like Like |Link to Comment
  • Apple: Pride Comes Before A Fall [View article]
    Ant1 true he creates lots of views. But also remember the trashing may be because he stated in a past post he is short 11000 shares thru puts at 75, 95, and 100 and then recently stated he has doubled down on his puts, no strike given.
    Feb 15, 2015. 02:07 PM | Likes Like |Link to Comment
  • Apple: Pride Comes Before A Fall [View article]
    Goldtean, you are off on your comments of calls a bit. Options do expire but can be extended indefinitely by changing either the time frame or strike or both before expiration. It is easily done, many option traders do it consistantly on stocks similar to AAPL. For example I bought 75 jan 15 call in Aptil of last year, sold them before expiration and bought jan 16 calls and July 16 calls with the proceeds, and will continue to as long as I see the story
    Will continue. There are nuances to option trading and should be done with fore thought and careful watching of positions to protect ones investment money. If Michael still holds his original puts he has not protected his money at risk and lost money on each of his declared puts. He has stated he doubled down but has not revealed the strikes, price paid or time frame.
    Feb 15, 2015. 10:41 AM | Likes Like |Link to Comment
  • Apple Should Post An Astounding Q1, But It Might Be A Hard Act To Follow [View article]
    puts do get cheaper as a stock rises, but after you purchase 75's and 95's you lose more as the stock rises. You are almost $43.00 out of the money on the 75's, that is a fairly large loss that should have been sold long ago. Same for the 95's. I honestly don't see a very good trade plan here, luckily it is not mine. I do understand writing anti AAPL articles here, you get lots of reaction to them, but trading is a different animal and when it comes to losing money I really don't understand bad risk taking after a move against some trades. Reviewing and analyzing trades will help. These trades make me shake my head, not for direction so much as holding thru a move against them. Many short AAPL and win, but knowing when to exit is an
    investors responsiblity to not lose his money.
    Feb 2, 2015. 10:06 AM | 2 Likes Like |Link to Comment
  • Apple Should Post An Astounding Q1, But It Might Be A Hard Act To Follow [View article]
    Yes puts get cheaper as the stock rises, but depending on when the purchase is made is the factor of price you paid and what your loses are. Cost of puts when the stock is 75 is about the same at 95 or 100 on a purchase at the money. I would guess your buying near or at the strike of the price of the stock at the time of purchase, therefore you expect a drop at that point. I also guess you are not buying 75's now but higher puts when the stock is higher. So that in effect is like holding calls 30 point off a strike you purchased at 105 with the stock at 75, then adding more calls as the price drops and doing more than once. Again not a strategy most would use to make money, adding risk against momentum of the stock is a loser strategy as you must now know. In my opinion you would be better trading short term than long term puts, but that's just my thought, do as you like with your money, what is left. I also guess you are negative on your puts. If I am wrong in my guesses my apologies, but I doubt you can be up anything right now, so next time wait til the sell off (the real one) comes not little bounces (use moving averages cross overs longer the better). best of luck with your positions. Full disclosure I am opposite your position, probably larger position than you all Jan 2016 in the money, plus holding stock at 75-86 purchase price and will add if the conference call is positive sell some if I don't like the price movement after the call. My apologies on stating you owned 85's not 95's.
    Jan 7, 2015. 09:51 AM | 1 Like Like |Link to Comment
  • Apple Should Post An Astounding Q1, But It Might Be A Hard Act To Follow [View article]
    Michael Blair
    it looks like you are adding to the puts going up, 75, 85 100 so your short list tends to disagree with your response. Most shorts I know or follow short as the stock goes down not up. That is the best time. All quarters after the Jan qtr don't have to be blow outs, just beat with positive guidance, new products, buybacks, increase of dividends or M&A. So, Michael, I really don't follow your idea or logic. best of luck
    Jan 6, 2015. 03:42 PM | 1 Like Like |Link to Comment
  • Apple Should Post An Astounding Q1, But It Might Be A Hard Act To Follow [View article]
    One interesting thought, why would anyone think a company will have a blowout quarter and be short that company. Either not a very good investor, or not really short, just using that to bring comments to an article that obviously is opposite to where it looks like his money is in the stock. Perplexing stand, comments against a short position, no comment about changing even temporarily. My guess is the is a ploy to bring comments and hits to his mediocre work in my opinion.
    Jan 6, 2015. 11:16 AM | 2 Likes Like |Link to Comment
  • Double Top For Apple? [View article]
    We are now in confirmed breakout at just over $107.00, now we can say the double top is not viable, the cup and handle breakout past the +5% is indeed happening. New products, there sales and Apple watch early next year seem to be a positive for Apple and its long investors.
    Oct 29, 2014. 11:14 AM | Likes Like |Link to Comment
  • Double Top For Apple? [View article]
    Typically a 5% move above the old high would negate the formation would be considered moot. Slightly higher move would not negate the formation, similar to what we have now. Remember also typical double tops form and confirm on negative market sentiment which would stop the up move from that formation. The cup and handle typical move is to fail on the first upmove from the top of the right side of the formation, and could fall back as much as 33% for 4-6 weeks. Then resume and uptrending move to new highs. We shall see which occurs. There is also the cup without the handle, a less powerful breakout technical, which is still in play here. Interesting if 9/9 is in fact the announcement date on a new product (Iphone 6),
    Aug 26, 2014. 09:08 AM | Likes Like |Link to Comment
  • Double Top For Apple? [View article]
    Well you think you know the double top tech, do a little research on a cup and handle tech. I think that's what your looking at, meaning from the top to the bottom of the move, technicians flip the move to give them an upside target which is approximately a 44 point move in the upward direction. I guess we will see which tech it is in the future.
    Aug 20, 2014. 01:18 PM | Likes Like |Link to Comment
  • Does Apple Have Room To Run Beyond $100? [View article]
    " I, however, am a buyer, especially below $100" , just wondering since you don't own the stock and it has been below 100 for almost 2 years when you would buy? Is it time to buy? You have about 5 points left below 100 and why did you wait until today to profess it is time to buy now? Seems late, in my view after the April earning releases was the time or at about 400 or so before that yet you still wait, ....interesting. Lastly why the article right now?
    Jul 31, 2014. 12:27 PM | 4 Likes Like |Link to Comment
  • Raising My 2014 Apple Price Target To $101.28: $223 Billion In Sales For Fiscal Year 2015 [View article]
    Do some research on what a reverse split is, it will help your credibility.
    Jun 11, 2014. 09:01 AM | Likes Like |Link to Comment
  • Here's The Evidence For What Stock Splits Really Signal [View article]
    Splits that are larger than 4-1, where the company raises the dividend, increases their buy back and gives notice that they are bringing new product catagories to market soon, is as far as I know unprecedented. Looks like Carl I has Tim Cook's ear, and Tim is listening. This was a genius move at the absolute correct time.
    Jun 10, 2014. 09:07 AM | 8 Likes Like |Link to Comment
  • Apple Earnings Preview: Fiscal 2014 Tough; Fiscal 2015 Looking Better [View article]
    Months ago I sold the stock, not that Cook cares, but I had held it for years. Couldn't convince myself holding dead wood would do my portfolio any good and many other stocks were performing much better. What i did do with the proceeds worked well, as I bought replacement calls ( I know I lost the div) but bought EOG and I am very happy I did. I will possibly buy it back if in fact AAPL decides to show some new products this year. I am very unhappy with the silence AAPL chooses to give the markets making them a value play that was a growth play. Cook is not in my opinion investor friendly.
    Apr 19, 2014. 03:53 PM | Likes Like |Link to Comment
  • 3 Insiders Are Selling Apple [View article]
    No I have never seen this study, but after scanning it states:

    "Academic studies have found
    virtually no evidence of profitable exploitation by insiders of their special
    knowledge and no value to outsiders in data on trading by insiders."
    on page 35.

    thank you, but this makes my point in a different way.
    Aug 12, 2013. 11:07 AM | Likes Like |Link to Comment
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