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re: Apple is approaching $400....would you buy it before earnings?

Posted on 4/17/13 at 1:15 pm to
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 4/17/13 at 1:15 pm to
quote:

too much uncertainty for me.


Exactly. This stock has a lot to prove before it should be considered a buy IMO.
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 4/17/13 at 1:41 pm to
Buy Low, Sell High......catching apple here is pretty damn low

itunes= $15,000/min profit

apple's horrible 2012 4th quarter = $13B in profit and the most any company has ever brought in 1 quarter....ever.....does that sound like a suffering company?

This honestly reeks of manipulation ala gold/silver and some people are about to go long and make a ton of money. Apple has a certain je ne sais quoi about it where I would never switch brands at this point with laptops,phones, etc.....theyre products are awesome and they work so well. I've been through 3 HP,Dell computers at work in the last 2 years and my MB pro at home has been running like a gem for a few years, its amazing. Im not trying to be a fan boy, but they have good products and a decline in profit from $13B to $10B is still a damn amazing quarter haha
This post was edited on 4/17/13 at 1:42 pm
Posted by CoolHand
Member since Dec 2011
2084 posts
Posted on 4/17/13 at 3:20 pm to
quote:

Exactly. This stock has a lot to prove before it should be considered a buy IMO.


But what will the price be once it proves "a lot"?

This is why I don't time the market. Like Russian, I assume what is currently known is priced in. By the time you learn something new, it's too late.
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