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How low will aapl go??

Posted on 1/16/13 at 8:17 am
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 1/16/13 at 8:17 am
I'm itching to buy today with suh strong fundamentals and such a low p/e what is going on? Any one care to explain the drop
Posted by kennypowers816
New Orleans
Member since Jan 2010
2443 posts
Posted on 1/16/13 at 8:30 am to
quote:

Apple shares fell in premarket trading Monday after The Wall Street Journal reported that the company has cut its orders for iPhone 5 components due to weaker than expected demand.


LINK

quote:

Apple Inc. (AAPL: Quote) is said to have cut its orders with LCD panel suppliers for the iPhone 5 for the 2013 first quarter by nearly 50% owing to weak demand. The tech giant also reportedly trimmed orders for other screen sizes as well. Further, the company is reportedly dialing down its orders for components other than screens.


LINK
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 1/16/13 at 8:32 am to
not sure, I sold all mine at 694
Posted by LSURussian
Member since Feb 2005
126940 posts
Posted on 1/16/13 at 8:43 am to
quote:

not sure, I sold all mine at 694

Both shares??

ETA:
This post was edited on 1/16/13 at 8:46 am
Posted by Tigerstudent08
Lakeview
Member since Apr 2007
5776 posts
Posted on 1/16/13 at 9:05 am to
I'm getting the same itch. Apple will bounce back eventually. They are too good of a company not to. If there isn't the demand for their products right now, they will come out with something soon that will. They are the most innovative company out there.
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 1/16/13 at 9:12 am to
Yeah my sell last year and buy of AMZN isn't looking so bad anymore...



Probably just jinxed myself but oh well...
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69894 posts
Posted on 1/16/13 at 9:20 am to
So was AIG and Kodak, how they doing? How bout Netflix?
This post was edited on 1/16/13 at 9:22 am
Posted by bryso
Member since Dec 2006
27130 posts
Posted on 1/16/13 at 10:05 am to
quote:

I'm getting the same itch. Apple will bounce back eventually. They are too good of a company not to. If there isn't the demand for their products right now, they will come out with something soon that will. They are the most innovative company out there.



wow at first i was like get off their nuts... then i saw
quote:

Tigerstudent08
and understood... apple does a great job a making students think mommy and daddy needs to buy them a laptop
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69894 posts
Posted on 1/16/13 at 10:14 am to
Truth
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 1/16/13 at 11:33 am to
I am waiting until it drops below $20/share, which was my original entry point for the 2,500 shares I once owned.
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 1/16/13 at 1:00 pm to
quote:

and understood... apple does a great job a making students think mommy and daddy needs to buy them a laptop
I thought the first thing when I read this AM, but nothing witty was popping in to my cloudy brain, so I just left it.
Posted by Tigerstudent08
Lakeview
Member since Apr 2007
5776 posts
Posted on 1/16/13 at 2:01 pm to
quote:

and understood... apple does a great job a making students think mommy and daddy needs to buy them a laptop

Yes I was a student at LSU in PETE and graduated in '08. Sorry to ruin your hypothesis.
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 1/16/13 at 8:17 pm to
hey I had like 12 shares bro!
Posted by PinevilleTiger
Pineville, LA
Member since Sep 2005
6205 posts
Posted on 1/16/13 at 10:17 pm to
I bought a whole 25 shares at $500.51 on Monday. Hey, some of us are poor! Whoever on this board claims to own hundreds of shares is either lying or they're Les Miles! I think its going back to $600 after earnings next week. Its Apple's world and we just live in it!
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 1/16/13 at 11:37 pm to
25 shares ain't bad for a river rat
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 1/17/13 at 12:48 am to
How would you buy options on Apple? That is, if you think it will soon head back to $700.
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 1/17/13 at 1:50 am to
quote:

I'm getting the same itch. Apple will bounce back eventually. They are too good of a company not to. If there isn't the demand for their products right now, they will come out with something soon that will. They are the most innovative company out there.


Someone doesn't remember how Apple was when they ran off Steve Jobs.

And their actions since losing him again hasn't exactly been confidence builders.

I wouldn't be jumping ship, especially if I bought recently, but I definitely would t be looking to jump in...
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 1/29/13 at 3:25 pm to
quote:

Yeah my sell last year and buy of AMZN isn't looking so bad anymore...



Probably just jinxed myself but oh well...


Jinx averted: up 9% in after hours trading...



Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 1/29/13 at 3:57 pm to
quote:

Someone doesn't remember how Apple was when they ran off Steve Jobs.

And their actions since losing him again hasn't exactly been confidence builders.


This is my biggest issue with Appl.
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 1/29/13 at 4:04 pm to
please for the love of God dump AMZN
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