AAPL getting crunched this morning, down almost 6% | TigerDroppings.com

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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
81273 posts

AAPL getting crunched this morning, down almost 6%


It looks like their new iPhones are underwhelming the market.

Down $28.75 as I post this.







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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3672 posts

re: AAPL getting crunched this morning, down almost 6%


I just do not get why investors are not jumping all over this. They are sitting on piles of money. The innovation is clearly back with the colored phones.

Signed,
ThaBigFella






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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21600 posts
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re: AAPL getting crunched this morning, down almost 6%


Luckily I sold a portion of my holdings on Monday. I had full sell order at 519. I ended up selling 25% of my holdings at 505. I may buy back in if it drops another 5 or so %. I think it still has room for growth/sustain profits.


This post was edited on 9/11 at 9:51 am


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acgeaux129
USA Fan
We are BR
Member since Sep 2007
15011 posts

re: AAPL getting crunched this morning, down almost 6%


It's obvious you didn't get your MBA or you wouldn't be talkin shite dude.

PM is up 2% right now.






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Northwestern tiger
New Orleans Saints Fan
UT-Southwestern
Member since Oct 2005
16680 posts

re: AAPL getting crunched this morning, down almost 6%


i got rid of it last week
I just thought the hype wasn't there for the release of the new products. I think it will continue to drop. We might see a small bounce with the release of IOS7, but i don't see much happening till at least next year when they come up with a big screen Iphone. I might buy it when it goes below the 400$ mark






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Jed Zeppelin
Ball State Fan
Maurice
Member since Feb 2010
995 posts

re: AAPL getting crunched this morning, down almost 6%


quote:

LSURussian


Trying not to look....






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
81273 posts

re: AAPL getting crunched this morning, down almost 6%


Apple really needs to hit a homerun soon.





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LSU0358
LSU Fan
Member since Jan 2005
5168 posts

re: AAPL getting crunched this morning, down almost 6%


I think AAPL has seen it's high for a long time at the 700 area.

The iPhone was a huge invention. Companies don't hit HR's like that on a regular basis.



This post was edited on 9/11 at 11:28 am


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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21600 posts
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re: AAPL getting crunched this morning, down almost 6%


quote:

I think AAPL has seen it's high for a long time at the 700 area.


I agree. It's still the most valuable publically traded company. It doesn't really need to hit home runs. It just needs to sustain profits to maintain its price. If that means selling lower end models to china and india, so be it. Profits will continue to increase from their app store as devices are sold. I don't see it going back to the 300s again but I'll likely buy if it does.

ETA: Nevermind. I just bought back in at 469. This thing is going through the roof again!!! ;)



This post was edited on 9/11 at 12:41 pm


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ell_13
USA Fan
Alex Box
Member since Apr 2013
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re: AAPL getting crunched this morning, down almost 6%


The 5C was designed with the sole consumer target being china. The colors. The price. The release date. The numerous new Apple stores. All point to Apple's goal to double and triple their presence there by gaining the users who have yet to get a smart phone. The US is saturated. Almost everyone getting this phone will be upgrades from older models.





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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21600 posts
 Online 

re: AAPL getting crunched this morning, down almost 6%


LINK

quote:

Apple has been granted licenses to run its devices on the network by China Mobile, the world's largest carrier


Yep






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saintforlife1
New Orleans Saints Fan
Member since Jul 2012
656 posts

re: AAPL getting crunched this morning, down almost 6%


quote:

Signed,
ThaBigFella

Okay, can somebody tell me where this sudden hate of ThaBigFella comes from? I've been seeing this a lot lately on the MTB. The guy apparently seems to be doing well for himself and was patient enough to explain his conservative dividend reinvestment strategies here multiple times. Granted he had his favorite stocks - PM, Visa, KO etc. But at least he wasn't pumping some penny stocks.

He also seems to have suddenly stopped posting. Did something happen that I don't know about that has led people to start making fun of him?






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BennyAndTheInkJets
Arkansas Fan
NYC
Member since Nov 2010
3941 posts
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re: AAPL getting crunched this morning, down almost 6%


quote:

Okay, can somebody tell me where this sudden hate of ThaBigFella comes from?

I'm in this boat.

Yeah he comes off brash every now and then and is wrong about some calls, but he posts a lot and is helpful for people that asks questions. Him and I will disagree a lot because I'm mainly institutional fixed income and he's retail equity but we both can be wrong a lot. If it's from him coming off like a "know it all" yea I kind of get it but at least he responds a lot. Plus he doesn't post about bitcoin so that's always good.






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boosiebadazz
Member since Feb 2008
45284 posts

re: AAPL getting crunched this morning, down almost 6%


quote:

Plus he doesn't post about bitcoin so that's always good.




You just hate it because you're part of the international banking cabal!






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
81273 posts

re: AAPL getting crunched this morning, down almost 6%


quote:

Plus he doesn't post about bitcoin so that's always good.







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acgeaux129
USA Fan
We are BR
Member since Sep 2007
15011 posts

re: AAPL getting crunched this morning, down almost 6%


from my understanding, he has said some pretty inane shite about putting the majority of his portfolio into PM.


This post was edited on 9/11 at 1:38 pm


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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21600 posts
 Online 

re: AAPL getting crunched this morning, down almost 6%


quote:

he has said some pretty inane shite about putting the majority of his portfolio into PM.


PMs only about 10% off it's highs so I can't see severe depression here unless he was doing options.






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Cmlsu5618
McNeese State Fan
Destin, FL
Member since Sep 2010
2436 posts

re: AAPL getting crunched this morning, down almost 6%


quote:

He also seems to have suddenly stopped posting. Did something happen that I don't know about that has led people to start making fun of him?

Yeah. He seemed to post daily, and I haven't seen him for a week or two.




But back to AAPL.

WTF?

I don't think they have released all planned projects. I guess investors didn't feel there was anything innovative/groundbreaking just yet with the phone (I know the media is primarily focused on pricing).

...but the fingerprint recognition is just TOO FREAKIN COOL.




This post was edited on 9/11 at 1:59 pm


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saintforlife1
New Orleans Saints Fan
Member since Jul 2012
656 posts

re: AAPL getting crunched this morning, down almost 6%


I think I remember him saying he owned ~6000 shares of PM at one time. Not sure how big a part of his portfolio that was.





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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3672 posts

re: AAPL getting crunched this morning, down almost 6%


quote:

Plus he doesn't post about bitcoin so that's always good.


He owns bitcoin, at least I think I remember him saying someone gave it to him.

I don't have a problem with ThaBigFella, FWIW. I think its kind of silly how people on here will blindly follow him. Threads will be going along nicely and ThaBigFella shows up and next you thing you know we all know how many cartons of cigs he sold in his store last week, which is not his fault.

To stay on track with this thread, I remember around the time AAPL was $400 he liked them one week, and not the next. So, with the price where it is now, I guess he was 50% correct.






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