or Connect
AppleInsider › Forums › Investors › AAPL Investors › Buy Buy Buy ?
New Posts  All Forums:Forum Nav:

Buy Buy Buy ?

post #1 of 3
Thread Starter 

Is it the right time to put all available assets into AAPL?

 

A huge buying opportunity?  Or the beginning of a new phase for the Cupertrino CA based company?

post #2 of 3

All available assets? Probably not. Especially if you're seeking short term gains. I'd be looking at it as a long term purchase, so if it touches $550 (actually $549) I've already put in a GTC limit buy. And if it goes to $540 or even $530, I won't lose sleep. Apple options tend to be quite pricey. But if it gets silly low (for no apparent reason other than program/technical trading), I probably will buy some calls, just as I did last year when it sold off.

 

Other than the possibility that the carriers might be thinking of a way to push back on the subsidy they pay for the iPhone, I really can't see as much fundamental risk as some people claim there is. Technical risk? Sure... on a stock that's had a parabolic rise recently. But I still think this sell-off is overdone. I have been wrong before. But this company has been delivering on earnings very well. And until that stops or slows down, it looks like a buy from here in the Peanut Gallery.

If two people always agree, then one of them is redundant.
Reply
If two people always agree, then one of them is redundant.
Reply
post #3 of 3

 

Quote:
Originally Posted by Jag_Warrior View Post

All available assets? Probably not. Especially if you're seeking short term gains. I'd be looking at it as a long term purchase, so if it touches $550 (actually $549) I've already put in a GTC limit buy. And if it goes to $540 or even $530, I won't lose sleep. Apple options tend to be quite pricey. But if it gets silly low (for no apparent reason other than program/technical trading), I probably will buy some calls, just as I did last year when it sold off.

 

Other than the possibility that the carriers might be thinking of a way to push back on the subsidy they pay for the iPhone, I really can't see as much fundamental risk as some people claim there is. Technical risk? Sure... on a stock that's had a parabolic rise recently. But I still think this sell-off is overdone. I have been wrong before. But this company has been delivering on earnings very well. And until that stops or slows down, it looks like a buy from here in the Peanut Gallery.

 

$555 intraday low, followed by a gap-up open. Hmm! Well, that's what people get for being greedy!

If two people always agree, then one of them is redundant.
Reply
If two people always agree, then one of them is redundant.
Reply
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: AAPL Investors
AppleInsider › Forums › Investors › AAPL Investors › Buy Buy Buy ?