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Wise men of the MT re: APPLE investment
Posted on 4/11/13 at 11:33 am
Posted on 4/11/13 at 11:33 am
Think it's turned the corner?? Maybe head up to $500 if it can break that resistance level of $436??
5
Posted on 4/11/13 at 12:41 pm to b-rab2
Nobody knows, but I think Apple has seen it's brightest days, will continue to be a major player, and I do not think the stock is going to tank, but I do not see it making any incredible gains
Posted on 4/11/13 at 12:43 pm to b-rab2
I sold mine about 5 weeks ago...
Posted on 4/11/13 at 12:44 pm to b-rab2
Not wise b-rab2, but I hope so. Im in it at 480 and change. Bought at the exact top of that last little run she made. I tend to think that the bad news is already baked in. Earnings next week, and that can be nerve wracking for an AAPL investor. Good luck! 
Posted on 4/11/13 at 12:46 pm to b-rab2
I'm in at $450. I feel like the stock will make a significant jump when big news is announced about new products and/or a dividend increase. It has taken a beating the last few months and I think people are just waiting for some positive to jump back on the bandwagon. When stocks aren't liked by Wall Street that's usually the time to load up
Posted on 4/11/13 at 12:49 pm to Jed Zeppelin
Not in it just watching. I did pick up some MPC today.
Posted on 4/11/13 at 12:53 pm to b-rab2
quote:
MPC
Damn, that thing's been on a tear.
Was looking at APA myself.
Posted on 4/11/13 at 11:37 pm to b-rab2
I'm in at about 475 avg. There's just terrible sentiment right now, but it needs a few more downgrades I think to really be able to start a consistent move back up. Once everybody capitulates, it'll be fine - so I'd wait a bit with earnings coming soon, their 3rd quarter is never great so guidance probably won't be inspiring. Now, if there is a new product(s) announcement other than just the 5S, that could change everything. Unless something huge, I would think a dividend increase now would cause a pop, then a bleed back down - but it would probably solidify the 420ish floor. But with lousy guidance (likely), no new and great product (who knows) and just a standard dividend increase, I wouldn't be surprised to see it test 400 over the next couple months. I'll be a buyer there.
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