I was using trailing p/e 18 and eps of $35.....if earnings comes in at ~$14 in q1 run-up to $735 would equate to trailing p/e 17....I stand corrected, but would still be tempted buying dotm price with another 100 pt move w/in 2-4 mo.
Good question. Nothing has changed. Except for it becoming even less likely AAPL will go back to 600. Stubbornly repeating bets against a Trend can get very expensive. I guess Uncle Ho has to learn the hard way...
On what basis??? A hunch? Gut feeling? There is no clear path of resistance...you are gambling with zero edge.
That would be nice. One of my Credit Spreads says it will make $660. Should I go higher? How did you come up with 800?
Uhhhhhh........ weird typo. Those must be the voices I hear in bed at night, while worrying about the Market. :eek:
i don't think its going to 800 but i don't know the future. i can't believe in 2 years this stock with be above 600. there is just no edge to short that's my opinion though. the value of the stock is insane at this level but if it was 900 i would not be shocked. the market moves to extremes that's the only thing i know.