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Posted on 12/15/12 at 12:07 am to TheHiddenFlask
I think the drop has more to do with the maps and the incessant giggling at Google.
This stock is not for me at this price. If I bought just 250 shares @$500, that would be $125,000. Way too much risk for my money.
On the other hand, a P/E of 8.8 is terrific. It could just as easily head back to 700 with the next product.
This stock is not for me at this price. If I bought just 250 shares @$500, that would be $125,000. Way too much risk for my money.
On the other hand, a P/E of 8.8 is terrific. It could just as easily head back to 700 with the next product.
Posted on 12/15/12 at 1:39 am to TheHiddenFlask
Remember a few years ago when Apple was $250 and I told all of you that it was about to enter it's Golden Age and to buy?
I was treated like a joke even though my analysis was spot on.
Hidden Flask would have a yacht called Scoop had he listened to me riding Apple to $700.
Here is your next chance, Hidden Flask, oracle for anyone that wants to read tech trends poorly:
While disturbing, Apple's recent volatility has NOTHING to do with performance of the company. It's unnerving trying to find the bottom of this unjustified slide. If you can find it, you are going to make alot of fricking money.
Much of it is end of the year money being moved around.
Find the bottom and buy that boat.
The Maps flap was horseshite hype. Every major iOS device release has to have some manufactured major flaw. It is predictable. The exec reorganization was a great move. Jony Ive is the most valuable exec in the world and him being in charge of hardware and interface is going to be monumental.
Make fun of me like you did back in the day so I can l can copy and paste it later.
Nothing you are seeing with Apple stock now is real and starting the first of the year it will correct.
I was treated like a joke even though my analysis was spot on.
Hidden Flask would have a yacht called Scoop had he listened to me riding Apple to $700.
Here is your next chance, Hidden Flask, oracle for anyone that wants to read tech trends poorly:
While disturbing, Apple's recent volatility has NOTHING to do with performance of the company. It's unnerving trying to find the bottom of this unjustified slide. If you can find it, you are going to make alot of fricking money.
Much of it is end of the year money being moved around.
Find the bottom and buy that boat.
The Maps flap was horseshite hype. Every major iOS device release has to have some manufactured major flaw. It is predictable. The exec reorganization was a great move. Jony Ive is the most valuable exec in the world and him being in charge of hardware and interface is going to be monumental.
Make fun of me like you did back in the day so I can l can copy and paste it later.
Nothing you are seeing with Apple stock now is real and starting the first of the year it will correct.
Posted on 12/15/12 at 8:16 am to TheHiddenFlask
quote:
From a behavioral finance theory: could this be due to the impending fiscal cliff?
Basically. I think there could be a sell off and I'm content to sit on the sidelines and wait for some clarity.
This post was edited on 12/15/12 at 8:17 am
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