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Rickthegeek

Rickthegeek
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  • This Could Be Why Apple Shares Are Down [View article]
    Saying that Apple is above the competition like a Porsche is to a Hyundai means that you totally miss the point of the example here. Hyundai does not compete with Porsche because they are not similar products.

    Apple's products are not light years ahead of the competition. The competition has similar products to offer. Since this is true, this means that the market share of Apple's products will fall. The demand for Apple's products is not what it was.

    Using your Porsche example, they have competitors in their class which consist of cars which are similar in price and features the Porsche has. Even Porsche has competition. Porsches are nice cars, but there are also cars made today which are much better, at a higher price point and more features that make them disimilar to the Porsche.

    In conclusion, you can defend Apple all you want to but the fact remains the same. If you sell a product that is great, it is only a matter of time before someone else sees that and tries their best to copy it, promote it and sell it. At first the product may not be close to the great product in terms of what it can do. Then, after some time the tweeks and innovation keep bringing it closer and closer to that great product until it gets to the point where the products are very similar. This is where we are RIGHT NOW!
    Dec 27, 2012. 09:05 AM | Likes Like |Link to Comment
  • This Could Be Why Apple Shares Are Down [View article]
    Of course you do. You own Apple stock and want it to rise. No surprises here. I recently sold my Apple stock for the 3 reasons mentioned here. If you think Apple is on it's way up you may be waiting for a long time. The smart money is getting out. There is more downside risk here. There is no reason to buy the stock now.

    You would have to be a fool to not think that Apple products could stand on their own forever with no competion. There are to many companies out there that know this. Apple set the bar and I applaud them for that, but these competitors have taken their products, examined them, disected them, copied them and are launching their own version.

    It is no different than car companies like Hyundai who have steadily been improving their product to compete with Honda and Toyota. Year after year you keep seeing them getting better and better. Today I would buy a Hyundai over a Honda without ever missing a beat. I have owned Honda's and they are great cars, but alas, the competition has caught up.

    What makes you think Apple is impervious to this as well. I think you need to wake up and look at the bigger picture.
    Dec 26, 2012. 10:04 PM | 1 Like Like |Link to Comment
  • This Could Be Why Apple Shares Are Down [View article]
    Apple shares are gong down because of these reasons:

    1. More competition with the same products for less money.
    2. Their ability to innovate has stalled.
    3. Their products don't do anything much different than the other products hitting the market now.

    Also, (reading a comment above), it does not matter in Apple's case what the PEG ratio is or P/E ratio. When a company, any company, falls into having the same reasons as above, they will decline. I would not buy Apple now even if their P/E ratio was 5.
    Dec 26, 2012. 05:42 PM | Likes Like |Link to Comment
  • Why Microsoft Is Severely Undervalued [View article]
    Exactly, Tango.
    Dec 11, 2012. 12:24 PM | Likes Like |Link to Comment
  • Why Microsoft Is Severely Undervalued [View article]
    100.00
    Dec 10, 2012. 08:35 PM | 2 Likes Like |Link to Comment
  • K.I.S.S. Dividend Analysis: Aflac, Microsoft, AT&T [View article]
    You hit the nail on the head. MSFT is the biggest software provider in the world. They are cash rich and have a huge balance sheet. MSFT has very little debt and a huge market cap. They are innovators and are on their way to catching up in the tablet market. They have come out with a new smart phone. This company has a lot going for it, except they get "no respect." It really blows me away that their stock isn't in the 100 dollar range, the same goes for INTC, very surprised they are not a 100 dollar stock. There is not a better chip maker in the world, why would anyone bet against them?

    The only thing they need now is someone on CNBC to continually hype MSFT and INTC. (both 5 star companies, the highest rating, and are on Fortunes Blue Ribbon Companies List as the #3 and #4 stock pick)

    All that INTC and MSFT need is for CNBC to hype these companies and they will take off, the same way people like Jim Cramer hyped AAPL for the past four years. Cramer knows AAPL is facing more and more competition, that is why he recently dumped a major portion of his shares.
    Dec 9, 2012. 11:18 PM | Likes Like |Link to Comment
  • IBM will save millions starting next year - and perhaps start a trend - as it shifts to contributing to employee 401(k) accounts just once a year, Dec. 31. Those who leave the company before Dec. 15 will not qualify for a match. For employees - besides being induced not to leave the company mid-year - the move dilutes the dollar-cost-averaging power of contributions. Expect the government to have its say on the change. [View news story]
    And, without being noticed (IBM) hits it's death cross 2 days ago and virtually goes unnoticed. 50DayMA daily, moved down across 200DayMA daily, for the 1st time since October of 2008. This is the same thing that Apple (AAPL) is just days away from.
    Dec 7, 2012. 09:36 AM | Likes Like |Link to Comment
  • Apple Moves Closer To A Death Cross [View instapost]
    I just wrote about this 3 days ago. There has been NO time in the last 4 years that the Daily 50MA has crossed the Daily 200MA. (the death cross) The last time Apple did this was in late November of 2008 and then it eventually dropped about 82%, reaching it's low of around 25 dollars around January of 2009.

    There has been new innovations and products they have produced which has increased their stock value exponentially. They deserve it because they led the way with quality products. The issue now is, you have competitors who have come out with products that are hitting the markets to compete with them. (the smartphone from Android really has been out for about 2 years now that has many of the same features). More and more are coming out with similar products. For close to the last 4 years, they have really not had any competition.

    The last couple of years these competitors have been catching up. It is only a matter of time before Apple gets caught. This competition is actually good for the consumer because it will mean Apple (AAPL) will have to figure out a way to sell their product cheaper and be more competitive in price. Unfortunately, this means the value of Apples (AAPL) share price will take a hit.

    I was listening to the news this am on the way to work and some analyst said he thought the stock was going to drop 40%. Apple received this percentage downgrade. Is this true? I don't know about that but it could happen.

    The truth about any company that has to continually innovate to keep up is they are only as good as their last quarter. Apple has had an excellent run of quarters for the past 4 years.

    Maybe it is not over for Apple as I am sure they will continue to innovate new products. The difference now and going forward is there are more players involved in the game.
    Dec 5, 2012. 05:35 PM | Likes Like |Link to Comment
  • Some marquee Chinese Internet stocks are slumping, potentially on worries about the SEC's suits against the Chinese arms of the Big-4 U.S. accounting firms. Baidu (BIDU -5.1%), Sina (SINA -6.6%), Youku Tudou (YOKU -4.2%), Sohu (SOHU -3%), Perfect World (PWRD -1.2%), and NetEase (NTES -4%) are among the losers. Renren (RENN +2.5%) is higher following yesterday afternoon's Deutsche upgrade[View news story]
    This just in. BIDU crosses below it's Weekly 200 Day MA, for the 1st time in 4 years.
    Dec 4, 2012. 02:41 PM | Likes Like |Link to Comment
  • The iPhone 5 will be available in over 50 additional countries from Dec. 7-Dec. 21, including South Korea, Russia, and Brazil, says Apple (AAPL). Along with announcing a Dec. 14 Chinese iPhone launch on Friday, Apple mentioned the iPhone 5 was available in 47 countries, a number that disappointed some. But with supply constraints lifting, it looks like the company will support close to 100 by year's end. Shares +1.1%, following tech higher. (PR[View news story]
    To be more specific. The last time the 50 day MA crossed the 200 day MA was September 15th, 2008. Apple went from 140 a share to 85, then bounced around and hit a low of 25 dollars on January 15th, 2009.

    Apple did have a high before this 50MA, 200MA crossover of 178 and before that a high of 190. So initially, Apple lost 40 percent of it's share price right away from 140 to 85. Apples next move down to 25, actually means that it lost 82% of it's value from 140.

    Sorry, when I said it lost 1/2 of it's value I was mistaken, it is actually 82% of it's value.

    There has been NO time in the last 4 years, that Apple has had a 50dayMA cross below the 200dayMA. Once again, the last time that happened was September 15th, 2008. Right now, we are days away from it occurring again.

    Don't forget that the last 4 years has been artificially stimulated. And, the current QE dollars are not as much as any of the previous ones.

    Apple is ripe for a pullback here.
    Dec 3, 2012. 09:30 PM | Likes Like |Link to Comment
  • The iPhone 5 will be available in over 50 additional countries from Dec. 7-Dec. 21, including South Korea, Russia, and Brazil, says Apple (AAPL). Along with announcing a Dec. 14 Chinese iPhone launch on Friday, Apple mentioned the iPhone 5 was available in 47 countries, a number that disappointed some. But with supply constraints lifting, it looks like the company will support close to 100 by year's end. Shares +1.1%, following tech higher. (PR[View news story]
    No EVERYTHING did not lose 1/2 of it value, but Apple did.
    Dec 3, 2012. 08:49 PM | Likes Like |Link to Comment
  • The iPhone 5 will be available in over 50 additional countries from Dec. 7-Dec. 21, including South Korea, Russia, and Brazil, says Apple (AAPL). Along with announcing a Dec. 14 Chinese iPhone launch on Friday, Apple mentioned the iPhone 5 was available in 47 countries, a number that disappointed some. But with supply constraints lifting, it looks like the company will support close to 100 by year's end. Shares +1.1%, following tech higher. (PR[View news story]
    It takes one to know one. I am just looking at the charts. If you don't care, then don't comment.
    Dec 3, 2012. 10:47 AM | Likes Like |Link to Comment
  • The iPhone 5 will be available in over 50 additional countries from Dec. 7-Dec. 21, including South Korea, Russia, and Brazil, says Apple (AAPL). Along with announcing a Dec. 14 Chinese iPhone launch on Friday, Apple mentioned the iPhone 5 was available in 47 countries, a number that disappointed some. But with supply constraints lifting, it looks like the company will support close to 100 by year's end. Shares +1.1%, following tech higher. (PR[View news story]
    Apple enjoys a lot of hype, especially from Jim Cramer of CNBC. His charitable trust owns it, so why wouldn't he hype it. (no bias here, right?) And, it is a good company with a fat balance sheet. However, right now, it is bouncing off its 200 MA and can't get through it. Another concern is where the 50 day MA is. If you look at where it is, if it crosses the 200 day MA there could be significantly more downside risk. The last time the 50 day MA crossed the 200 day MA was in 2008. We all know what happened then. The stock lost 1/2 it's value. Just saying, have some caution here.
    Dec 3, 2012. 10:38 AM | 1 Like Like |Link to Comment
  • The Best Stock In The Commodity Sector Will Be Endeavour Silver [View article]
    What brought me here is my own research on Gold Miners and specifically EXK. Right now it is at a good buy point. I will be adding it tomorrow. It has passed all of my stock screening.
    Nov 27, 2012. 11:19 PM | Likes Like |Link to Comment
  • Dead Cats Do Bounce, But Volatility Lies Ahead [View article]
    Dude, we won't see 5.5% unemployment for 20+ years, Guaranteed. So are we suppose to sit on our hands between now and then?
    Nov 25, 2012. 09:16 PM | Likes Like |Link to Comment
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