Citi initiates coverage of Apple stock with 'buy' rating, $675 target

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  • Reply 21 of 22
    cameronjcameronj Posts: 2,357member

    Quote:

    Originally Posted by Rogifan View Post





    All I'm saying is Apple's stock went up 3% (and closer to $600) today (partially because Citi came out and rated it a buy) and one of the top headlines on Yahoo Finance was how Apple's stock might be headed below $500. I'm sorry but that's nothing more than click bait. Write something negative about Apple these days and your're sure to generate page hits.


    You may be sorry but you're not correct.


     


    Every article, positive or negative, that you don't pay for is "click bait".  You can be a fool and believe whatever conspiracy you like, but in the end Apple is a DARLING of the stock market itself and of analysts in general, not to mention of the tech press.  THE darling, actually.  


     


    But even the most popular, undervalued stock doesn't go straight up.  The balance of buyers and sellers determines whether it goes up or down.  Tell me this - on those down days in the past month, were you out there buying?  No?  Well then you were part of the reason it went down.  Own it.


     


    About a week ago I bought a large amount of call options because I believed that the fall would eventually stop and it would bounce back before April when my options expired.  


     


    Sorry, pay more attention and you will start to understand the world and stop thinking everyone is out to get you.  You might even make some money rather than just whining on message boards.

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  • Reply 22 of 22

    Quote:

    Originally Posted by Tallest Skil View Post


     


    Needs to be illegal to screw with finances that have so much weight.



     


    Anyone who trades based on news articles is a fool.  As are most of the analysts.  The analysts pump out news to confound the retail investors, and their 'sentiment' is often contrary to the sentiment of the traders who work at the same firm.  As people say, "You get what you pay for".  Free advice is generally worth what you paid... 

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