you can get a 1.7% yield on stocks not trading this crazy. why do that if yield and asset value protection is your goal? i have no idea what apple can move up too but anyone betting this stock won't ever trade at 400 again is crazy. anybody who thinks iphone will continue getting cell phone companies paying them as much as they do is in for a shock.
you could say that about any stock that ends up above six dollars about it going to 4 dollars.. or 40 or 60... its just a stock.. four letters.. alot of opinions and alot of money on both sides of that opinion.. calling the end of the iphone era is a huge feat.. i'm not a aapl fanatic.. i don't own anything aapl.. i just think old steve the esentric werido thought well out into the future.. he is a good speculator.. even in his death i'd bet with him.. Of course i only take limited risk positions in either direction or neutral.. so either way.. not going to hurt me much if it hits 400 after earnings even..
no you can't and what is hip today is out tomorrow. this is not a stable stock that grandma buys because uncle ben is printing money.
Tech stocks and high flyers are a dime a dozen... there is no sure thing.... apple will mess things up sooner or later... I am not a perma long apple... I just bet that this exact moment isn't the end of a the move up... I do this in a very limited risk way with only higher speculative funds....bet the farm is usually always a bad strategy
Added to my AAPL long position this morning at 632.50. The price action tells me this pullback's bottom of 623.55 will hold. If it doesn't, I don't believe AAPL will go below 600. A 625-650 Channel from here, until earnings are announced on the 25th, makes sense to me. We'll see what Mr. Market decides.
predictions are a dime a dozen 1. AAPL has a lot of competition now, in all areas I think 2. Steve Jobs is gone, as far as I know 3. the next time the market crashes [it always does] AAPL will likely go along with it a. the company may continue to profit, for a long time, coming out with newer versions b. they may invent some new stuff this or that could happen, ala Nassim Taleb my prediction, if I had to make one, would lean towards a flat to down AAPL price, but it's a very long-term look, mainly because of the competition. I currently have no positions. marc
and even after that.. whats your point? don't you think he knows he could lose? i'm confused at your constant vague opposite take on things.. i need substance not a negative pessmistic contrarian.. you won't stay liquid very long with a calling top/short mentality with apple..