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Message

On the eve of the Apple Watch launch, seemed like a good time to say Hi.

Posted on 3/7/15 at 7:33 pm
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 3/7/15 at 7:33 pm
Any MT posters might remember me if they were around 5 years ago or so. I was the joke of the board for saying Apple was about to blow up and enter an era of dominance that would blow everyone's mind. Oh how the geniuses of the MT shite on me over and over.

The iPad had just come out. It was deemed a certain failure and any success it achieved out of the gate would be immediately squashed by the Motorola Xoom. Yeah, the Motorola Xoom. (Corrected)

I think Apple was at about $250 then.

A 7:1 split at $700 and already at $126.

I know personal attacks are a no-no on TD as a 10 year poster but I really hope Kfizzle sees this post if he is still around.




This post was edited on 3/7/15 at 9:33 pm
Posted by Enfuego
Uptown
Member since Mar 2009
9882 posts
Posted on 3/7/15 at 7:35 pm to
Any old threads to link?
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 3/7/15 at 7:38 pm to
Plenty. I felt like linking might cross into personal attack territory so I didn't go that route.
Posted by NewIberiaHaircut
Lafayette
Member since May 2013
11553 posts
Posted on 3/7/15 at 7:51 pm to
Are you talking about the Motorola Xoom or the BlackBerry PlayBook in comparison to Apple?
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 3/7/15 at 8:19 pm to
You are right. I stand corrected. Forgettable iPad killers are easily confused.
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16310 posts
Posted on 3/7/15 at 9:33 pm to
What does it matter unless you made millions off them. To come back and gloat about a company that made you a few thousand or you don't have any ties to is ridiculous. It makes you look petty and small. Since Apple came out with the iPod they have done a good job at creating an ecosystem and marketing it. You really nailed that prediction.
Posted by Volvagia
Fort Worth
Member since Mar 2006
51904 posts
Posted on 3/7/15 at 9:52 pm to
In his defense, he got railed pretty hard at many angles regarding Apple.

I can't blame him for posting something like this.
Posted by onelochevy
Slidell, LA
Member since Jan 2011
16531 posts
Posted on 3/7/15 at 9:52 pm to
quote:

What does it matter unless you made millions off them. To come back and gloat about a company that made you a few thousand or you don't have any ties to is ridiculous.


Its hilarious how some people base happiness on how the company that made their cell phones is doing
Posted by Stingray
Shreveport
Member since Sep 2007
12420 posts
Posted on 3/7/15 at 10:15 pm to
Thread would be better if you were gloating about how rich you became over this.
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 3/7/15 at 10:46 pm to
Can't wait to start my mvis thread like this
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 3/7/15 at 11:57 pm to
Yeah. MVIS.

I'm still holding that shite.

Thanks.
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 3/8/15 at 12:12 am to
quote:


Its hilarious how some people base happiness on how the company that made their cell phones is doing



None of that.

5 years ago I laid out what was going to happen and I became a joke on this board. It was pretty brutal.

Seemed like a nice time to tell everyone that railed on me to check the scoreboard.
Posted by Lou Pai
Member since Dec 2014
28117 posts
Posted on 3/8/15 at 2:06 am to
I'll admit I'm somewhat of an Apple hater in that I generally don't care for their products and find their marketing annoying. I was also definitely wrong about what was going to happen with the iPhone this past year. But damn, you are far too dedicated to this company to be a rational investor.
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 3/8/15 at 4:36 am to
I don't really see a smart watch taking off in the same way smart phones and tablets did.

Feel free to quote this post in two years when everyone has them.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 3/8/15 at 5:49 am to
The stock price going up doesn't change the fact that you were an idiot and an a-hole.

Being right for the wrong reasons makes you lucky, not good. Most people were just arguing that that your metrics were pointless.
This post was edited on 3/8/15 at 7:08 am
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 3/8/15 at 6:30 am to
I don't recall taking sides on this issue so I'm just here for the inevitable

Posted by yellowfin
Coastal Bar
Member since May 2006
97632 posts
Posted on 3/8/15 at 7:30 am to
Post some links, it's always good to see the know it's alls here proven wrong

I could probably name those that gave you shite without even looking at the links.
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 3/8/15 at 7:36 am to
Were posters bashing Apple products or stock? Why the hell would anybody bash the stock, even 5 years ago?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 3/8/15 at 9:11 am to
Most people didn't really think the iPad would take off. I was in that camp until I bought one.

Scoop with AAPL was like rivers with gold. Completely irrational arguments. For instance, he said that Siri would destroy all other devices and they would never catch up. He was also arguing for absurd market shares no matter what his case was. He was wrong about a lot more things than he was right about, he just so happened to be right on the price appreciating.

The "knowitalls" here have made a lot of good (and bad) stock calls. Scoop is just different because he basically just made one call. If you aggregate the information we dismissed because of terrible logic, the board regulars have an awesome track record. Just a few instances:

Rivers: Short the Dow at 7,000 and lever up to buy gold (he claimed to have taken a second mortgage to do so.

Baylor: short the market at ~10,000. That idiot "teacher" believed him and was his cronie. Baylor never returned. Teacher still posts on TD but won't venture to the money talk.

A ton of idiots: Buy Iraqi dinar. Nuff said.

The drive by posters on this board have predicted 25 of the last 2 significant market drops. The board regulars have only suggested pulling a lot of money off of the table once, in late 2007/early 2008. But back in signals were given at many points with the dow below 10,000. I wasn't posting yet, but I had lurked for a long time.

I'll eat crow about being wrong on AAPL, I was definitely wrong at several key points. However, buying puts on AAPL after Jobs died and the stock barely moved was a very lucrative trade. I have also been in AIG for a ~3 years. That has done very well with much less volatility.

The "knowitalls" on this board also suggested being overweight financials in early/mid 2013. That's been a great trade.

Being a great investor means making a lot of picks and being right more than ~60% of the time. Even the best hedge funds would be happy with that kind of success. Scoop made one pick, based on garbage metrics, and is now here to gloat and call himself a great investor. That's a sham.

/rant
Posted by I Love Bama
Alabama
Member since Nov 2007
37705 posts
Posted on 3/8/15 at 9:26 am to
quote:

I could probably name those that gave you shite without even looking at the links.


It's beyond pathetic.

That said, douche post by the OP.
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