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  • Apple Is Significantly Undervalued - Shares Are Worth North Of $650 [View article]
    You are correct, I was thinking of the Apple CASH MOUNTAIN that keeps growing, sorry about my error.

    See, that growing mountain of cash is why I bought the shares. I want a piece of it.
    Apr 7 12:55 AM | Likes Like |Link to Comment
  • Apple Is Significantly Undervalued - Shares Are Worth North Of $650 [View article]
    I forgot the ZUNE, but I didn't want to overdo it.
    Apr 7 12:53 AM | Likes Like |Link to Comment
  • Apple Is Significantly Undervalued - Shares Are Worth North Of $650 [View article]
    Good post, I had a laff.
    Apr 7 12:50 AM | Likes Like |Link to Comment
  • Apple Is Significantly Undervalued - Shares Are Worth North Of $650 [View article]
    Of course Apple is a great investment at today's price. When shares of Apple are trading at their correct price relative to absurd stock prices for Amazon, Tesla, Netflix, etc. I'll be rich. I have patience so no hurry.

    Guys who say investors "don't like Cook" are of course missing the point entirely: the Apple customers keep crowding into Apple stores so they don't seem to mind him.

    Apple sales=profits and these are ever-increasing.

    Let's look at the Apple nemesis, Microsoft shall we? Cook bashers probably love it.
    Windows 8=failure, they're remaking it like XP/7. Windows OS may become free.
    Office=FREE on Microsofts FREE online storage "Onedrive" (formerly Skydrive).
    Surface=failure, they hoped it running Office would sell them. Nope.

    I gave my GF a cute Google Nexus7 tablet for Christmas ($230). The other day I told her "Oh, I see Apple iPad 2 at Walmart for $300". Now she HATES me, she wants Apple like the rest of them.
    Apr 6 02:33 PM | 6 Likes Like |Link to Comment
  • Tesla - Driven By Noise, But High-Quality Noise [View article]
    Tesla is a bad investment for lots of reasons.
    I live in Tesla country, northern California. I see them around, since I am where about 1/2 of electric vehicles are sold.
    1. Electric cars is a misnomer: where I live they run on natural gas, that's how we get our electricity here (Moss Landing Duke Power). Other places they run on coal.
    2. Battery cars are inconvenient, hybrids are better. Volt is vastly more convenient than Tesla which has range because of its huge battery: Teslas are expensive tanks.
    3. Battery cars are a pain in cold or hot weather: your range is reduced by 1/2 in the cold and by 1/3 in heat. This is why they're popular in California=mild climate.
    4. Leaf and Volt are more popular. BMW is coming, as may others. They're all trying to eat Tesla's lunch.

    Natural gas cars will become more popular over time. Honda Civic CNG model derives its power from the same source as any Tesla does in my town, but it's more convenient with no waiting, no powerplant, transformers, charger, nor hefty price tag.
    In 1901 Columbia automobiles in Hartford CT made a battery car with the same range as the 2014 Nissan Leaf. There's progress for you.
    Apr 5 04:14 PM | 4 Likes Like |Link to Comment
  • Another Debt Milestone [View article]
    It's scary to contemplate what will happen in the future, but I foresee taxing our assets as one bad result.

    I was looking at old photos and saw my ski lift pass from Saas Fee Switzerland in 1974. I paid 100 francs for a 10 day pass for all lifts including gondolas. That was about $33 US dollars in 1974.

    Today 100 Francs=$112 U.S. dollars. What is different today? USA debt is $17,000 billion, and growing.

    Buyandhold 2012 made a very good point.
    Apr 5 02:54 PM | 4 Likes Like |Link to Comment
  • Economy Knocking At Recession's Door [View article]
    The author correctly observes that the Fed cannot and did not stimulate the economy.
    Wealth is derived from 1. production 2. innovation that often leads to increased productivity.
    Investment capital is profit from 1&2 which has not been taxed. The fees skimmed by Wall Street are always derived from captital that someone made from 1&2 above. This capital is from worldwide sources, not just Americans.
    Prior to 2008 Lehman collapse, a large portion of the U.S.A. economy was derived from the housing Ponzi scheme, but this is smaller now. Now we have to get by once again by 1&2 mentioned above.
    Obamacare by itself will put a drag on our economy, how much I don't know.
    However, as a long term investor I don't care so much about the ups and downs of the economy since stocks are the place to be when interest rates are low.
    Apr 5 02:05 PM | 1 Like Like |Link to Comment
  • Citigroup: High Risk Equals High Reward [View article]
    Anyone who buys Citi stock is a fool.

    Citi is badly managed and has been for many years. In 2008 the US Taxpayer had to bail out this bunch of clowns.

    The guy running Banamex has not been fired! Banamex allowed someone to rip them off for $400 million bucks!

    Citi should be broken up and then sink or swim.

    Citibank is a cancer disguised as a bank. Don't buy it.
    Apr 4 02:26 PM | Likes Like |Link to Comment
  • Apple's Q2 Results Are Likely To Disappoint [View article]
    Does anyone remember that Samsung can at any moment be forced to take its tablets off the U.S.A. market for their loss of the patent infringement case? Presently it's on appeal. When it's all over, Samsung could be gone from tablets as we know them. This wasn't mentioned above.

    Why isn't the abject failure of Windows 8 mentioned? They're backtracking it to make it look like XP/Windows 7 again.

    The worldwide economy is still slow since the Lehman collapse in 2008. U.S.A. GDP has averaged 2% since Obama, Europe is worse. 92 million people are out of the workforce here.

    So, how are people supposed to buy iPhones? The economy itself is the roadblock to Apple growth now.

    I actually may have made more money if I had sold my AAPL shares and bought a stock index over the last several years, but I am in Apple for the long haul.
    Apr 4 02:04 PM | 2 Likes Like |Link to Comment
  • Apple's Q2 Results Are Likely To Disappoint [View article]
    Well, so what if Apple disappoints this quarter? OK, so the shares will not go up so much big deal.

    I like a lower share price anyway, I want to acummulate more free shares from the dividends, share price will take care of itself in due time.
    Apr 4 03:57 AM | 1 Like Like |Link to Comment
  • April Brings Spring... And Solid Returns [View article]
    Just to be a nitpicker, you misuse the term "probability" in your discussion.

    If you are going back in time to look at results for a stock market index in the month of April, it's "historical" not "probable".

    Probability means the likelihood of a result, e.g. a coin flip coming up heads. The context is that this coin has not been flipped yet.
    Apr 3 10:59 PM | Likes Like |Link to Comment
  • Is The Entire Market Rigged? [View article]
    The stock market is an auction. Other markets are also auctions.

    Once you understand that they are just an auctionplace you can relax a little bit.

    Wall Street hired the mathematicians before the Lehman collapse and thought that a smarter person can predict random events because he's got a great background in math.

    If you take a 3 year old and put him against a math phd. in predicting the results of a coin flip, you will find that either one has an equal chance of success. There is not yet a formula or education that can help.

    I buy stock investments because I believe that when I need money in the future the stock market (auction) will have bid up the price of those stocks, or if not, I have still collected the dividends so I don't care really.

    Want to see a rigged market? Real estate, $10,000 to make a "trade".
    Apr 2 06:00 PM | 1 Like Like |Link to Comment
  • The Stock Market Is Rigged! The Stock Market Is Not Rigged! [View article]
    I think of that old Superman movie plot where Richard Pryor figures out how to skim a penny from millions of checks to get rich. HFT is like a little tax on the market I suppose.

    I can remember the days when you had to pay a broker $250-$300 just to make any trade at all. Thank goodness those days are past. Now I can trade for $2 at Vanguard.

    What I also always remember is how Lehman disappeared and Merrill was going away too after losing billions in stupid trades.

    Think if you just owned a plain vanilla mutual fund and made 30%+ on it last year, or bought Apple ("no brainer") in 2009 for $98, etc.
    Apr 2 04:03 PM | Likes Like |Link to Comment
  • Key Analyst Says Little Downside For Apple [View article]
    Of course Apple is a great buy and hold stock.

    Good things come to those who wait.

    Those who bought shares at $700 have to wait whether they want to or not. Just let the dividends over time reduce your basis per share, no reason to panic :)

    I like Apple staying low for a while, I like more free shares from the dividend. I'm in no hurry.
    Apr 2 02:22 PM | 2 Likes Like |Link to Comment
  • Apple Investors May Need A Reality Check [View article]
    I'm not "expecting the moon", however I am expecting to make some dough on my Apple shares.

    I don't mind if the share price goes up slowly, I get more free shares with the dividend that way.

    Compounding with shares of the best technology brand on earth. What can be better than that?
    Apr 2 03:40 AM | 6 Likes Like |Link to Comment