Load up the truck on Apple | Page 2 | TigerDroppings.com
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Kolbysfan
LSU Fan
Texas
Member since Jun 2007
1518 posts

re: Load up the truck on Apple

So the move Al Gore made a few days ago, did he know something?


Scoop
LSU Fan
Ecuador
Member since Sep 2005
29332 posts

re: Load up the truck on Apple
Being on the board, I'm sure Al Gore knows quite a bit.

Apple's move today was utterly ridiculous but it is what it is.

There was no way yesterday was going to go well. The gun was cocked for a sell off and anything negative was going to be seized upon to pull the trigger. The expectations have gotten so mind numbingly insane that it was gonna happen.







donRANDOMnumbers
New Orleans Pelicans Fan
Lafayette Rouge
Member since Nov 2006
12844 posts

re: Load up the truck on Apple
I agree that the markets reaction was just dumb. They are still solid, just missed expectations.


C
LSU Fan
The Woodlands, TX
Member since Dec 2007
22717 posts

re: Load up the truck on Apple
They are still the most valuable publicly traded company in the world so I'm not sure how ridiculous it is.


southernelite
LSU Fan
New Orleans
Member since Sep 2009
42782 posts
Online

re: Load up the truck on Apple
They have $200bn in assets just about. they have plenty of time and cash to burn.


C
LSU Fan
The Woodlands, TX
Member since Dec 2007
22717 posts

re: Load up the truck on Apple
quote:

cash to burn.


Yeah you think investors are departing now. If they start "burning cash" you will see some major firings at the top.


Korkstand
LSU Fan
Plaquemine, LA
Member since Nov 2003
10903 posts

re: Load up the truck on Apple
quote:

Yeah you think investors are departing now. If they start "burning cash" you will see some major firings at the top.

All that cash isn't doing any good sitting in the bank. If they "burn" some on developing new products and expanding into new markets, I think investors would be a little more optimistic.


Scoop
LSU Fan
Ecuador
Member since Sep 2005
29332 posts

re: Load up the truck on Apple
The $137 Billion in the bank is a double edged sword.

On one hand, it shows that Apple is the most magnificently managed company maybe in the history of the world.

On the other hand, it is the one thing everyone will point to if Apple actually does stagnate and start to slide. Everyone will want to know why they sat on that incredible amount of cash and didn't use it.

I think all of this is bull shite and is shameful as far as the 12% slide goes, but reality has to be dealt with.


Siderophore
LSU Fan
Member since Nov 2010
3335 posts

re: Load up the truck on Apple
I wouldnt want to buy into Apple at any point after Job's leaving/death.

They are on a bubble right now.



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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
22717 posts

re: Load up the truck on Apple
quote:

incredible amount of cash and didn't use it.


What are they going to spend $130B on? I can't imagine that type of investment unless they wanted to build their own world wide satellite network or something weird like that. They really need to up their dividend if they can't find any meaningful return for all that cash. Pull a microsoft and do a 1-time massive dividend. Tech is a special beast. It doesn't cost much for someone to do something better. Apple is a great company but I think it's business is too risky for long term (decades) of sustained revenue/profits like retail, energy and typical manufacturing.


gizmoflak
Georgetown Fan
Member since May 2007
9251 posts

re: Load up the truck on Apple
quote:

What are they going to spend $130B on?


bitcoin mining. Duh




:wiki:


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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
22717 posts

re: Load up the truck on Apple
quote:

They are still the most valuable publicly traded company in the world so I'm not sure how ridiculous it is.


well nevermind...

LINK /


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Korkstand
LSU Fan
Plaquemine, LA
Member since Nov 2003
10903 posts

re: Load up the truck on Apple
quote:

What are they going to spend $130B on?

They don't have to spend all of it, but right now most of that is in securities earning extremely low returns. Surely Apple can find a better use for it than letting it sit earning less than 1%, right?
quote:

They really need to up their dividend if they can't find any meaningful return for all that cash.
I'm no expert, but wouldn't that be throwing in the towel and saying their growth period is over?


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LSUTOM07
LSU Fan
Baton Rouge
Member since Dec 2011
526 posts

re: Load up the truck on Apple


So who is putting their money where their mouth is?

Who is actually buying shares with the assumption the stock will bounce back above 500 in the next 6-12 months?


C
LSU Fan
The Woodlands, TX
Member since Dec 2007
22717 posts

re: Load up the truck on Apple
quote:

So who is putting their money where their mouth is?


All my money is tied up at the moment. I may purchase if it stays in this range for a few months. I should be in buying mode again in late February.


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Scoop
LSU Fan
Ecuador
Member since Sep 2005
29332 posts

re: Load up the truck on Apple
The real problem is the insane view that a company that just recently was the largest by market cap on Earth could possibly maintain a 75% YOY growth rate.

Apple turned in record numbers across the board and got destroyed.

To hell with putting a dime into a company that is getting held to that impossible standard.


Blakely Bimbo
Alabama Fan
Member since Dec 2010
1172 posts

re: Load up the truck on Apple
IIRC, Hedge funds were using a pair trade involving AAPL. At one time, Long apple and short GLD was popular. The trades were long Apple and short whatever.

I don't know what happened at the close yesterday, but it could be a hedge fund.

For anyone who wants to buy Apple I would wait until the dust settles.


Chris Farley
Maryland Fan
Regulating
Member since Sep 2009
3792 posts

re: Load up the truck on Apple
quote:

I don't know what happened at the close yesterday, but it could be a hedge fund.


It would take a lot of really big hedge funds to wipe out ~50B of Market Cap in an afternoon. This is probably more related to AAPL having a hard time managing expectations in the market place. If you crush expectations every quarter it is going to be difficult to keep living up to everyone's standards.


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Korkstand
LSU Fan
Plaquemine, LA
Member since Nov 2003
10903 posts

re: Load up the truck on Apple
quote:

They really need to up their dividend if they can't find any meaningful return for all that cash.

LINK


ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Load up the truck on Apple
its up like $30 this week....things are looking up!!! Im hoping the div increases big time!! or maybe a special dividend? Hopefully tim cook has something big next time he speaks....I think its this upcoming week


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