AAPL seems to be in a bit of a rut recently. I think with some of the recent highs in the market, people are trying to decide if companies like Apple have any room to grow. It looks like it has support around $400 and resistance around $450-500. This is just from eyeballing the chart â I havenât done any technical analysis.
Almost 5% gain today for AAPL. The train is leaving the station. Icahn is the catalyst + the ITC ban, he bought a $1 billion position last month. Break out is now confirmed. Ez money tomorrow .
Tell me about it. I bought 460 weekly calls on Friday at 2.94. Stock was trading at 455.50. Sold today in the am when the stock was trading at 475 or so for 14. Almost a four bagger. I normally would hold. Figured id take profits due to protecting my undercapitalized account. 2 hours later Icahn announces his position. My options would have sold near the end of the day for a ten bagger if I would of held. Woulda Coulda Shoulda !!!! Not worried or upset with my trade. There usually is money left on the table. Just would have been nice!
I did the same thing! bought 465calls/475calls, sold 465 calls justbefore thisguys's realease. luckly I hold my 475 call, and sold when AAPL crossed 492, not bad. bought some 500call after I sold. this guy should be put into jail,where is SEC?
I followed this guy for some time, even read his biography. He's not a flipper of stocks. But he's the pain in the butt for management. 99% of stocks popped when he revealed his stake in them. He's as cutthroat as a capitalist as they come. A frequent Form 4 filer at the SEC, they'll probably has an employee (or more) there working on his transactions alone. The SEC is probably carrying his water.