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re: Time to sell or short Apple IMO

Posted on 4/10/15 at 4:11 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 4/10/15 at 4:11 pm to
If I wanted cash, I would t buy a stock.

You pay for earnings. You don't pay for cash.

Also, a lot of that cash has unpaid taxes on it.

There are 100 companies that I would own before AAPL.
Posted by Street Hawk
Member since Nov 2014
3476 posts
Posted on 5/9/15 at 12:14 am to
quote:

You pay for earnings. You don't pay for cash.

Also, a lot of that cash has unpaid taxes on it.


Lol. Where do you think all that cash came from? EARNINGS. Most companies would be happy to make as much revenue as AAPL does in Net Income.



quote:

There are 100 companies that I would own before AAPL.

Yeah and most of them will probably do worse than AAPL. Folks like to predict the demise of AAPL, but it ain't happening any time soon. I bet you are one of those people that are mad that they didn't get in early enough on AAPL, and now you try to underplay it's stock performance.
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