Russia's richest man bullish on Apple, buys $100M in shares

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  • Reply 21 of 31
    Coz of believing those asshole analysts , I sold all of my AAPL at 394 to them , fxck them !!! Give my AAPL back !!!
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  • Reply 22 of 31
    nicksgnicksg Posts: 5member
    I'm all for talking up Apple shares,but just because a shady Russian businessman buys Apple shares is hardly a reason for anyone else to follow suit.
    On that basis you should buy into Arsenal Football Club as well...
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  • Reply 23 of 31
    macfandavemacfandave Posts: 603member

    Quote:

    Originally Posted by crazy_mac_lover View Post



    Coz of believing those asshole analysts , I sold all of my AAPL at 394 to them , fxck them !!! Give my AAPL back !!!


    Yikes!  I hope you still came out ahead!


     


    Never believe analysts.  I bought my AAPL when analysts rated the shares as an "Avoid."  You should have looked at Apple financial data over the long term and not just compare it to last year's. The March quarter that just finished was the second best of all time. Yes, it wasn't quite as good as 2012, but it was better than every previous year.


     


    Remember, all of the people who work in the financial industry (brokers, analysts, media, etc.) make their money from transactions.  If the vast majority of investors adopted long-term buy-and-hold strategies, most of these morons would be unemployed.   They have to generate excitement for losers and tear down successful companies which cause trading by the stampeded herd.   Then, they'll turn on the overpriced loser and buck up the battered heavyweight and generate a whole new wave of trades.

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  • Reply 24 of 31
    Marvinmarvin Posts: 15,585moderator
    rob53 wrote: »
    Mr. Usmanov appears to be a traditional "investor" instead of a stock market gambler.

    It's important to remember that this guy is already incredibly wealthy so he will invest some money for security rather than growth. Also, even small amounts of growth for him means large returns. Even if he gets 10% increase in 10 years, that's another $10m for him. For people who are investing life savings like $100k for a nicer retirement, $10k in 10 years is better than nothing but hardly something to get excited about. AAPL now is more for people who want to stay wealthy than people who want to become wealthy.

    If it goes to $600, that's a decent return for people who bought at the low $400s but you can see the market cap. While it's possible for it to go above $500, that wouldn't be an accurate value given their slowed growth. $700 was the peak and there's no reason for it to go back there again.
    A person may sell at a profit relative to when he bought it; if the stock continues to go up after that, the person that bought it also profits.

    Someone loses somewhere in the process eventually. You can say that someone can win big at a Casino and the Casino gets record profits so everybody wins but that's just ignoring the losses. There's a limited money supply in the world, so it's all just wealth redistribution - someone wins, someone loses.
    "Wall Street" has been far from infallible: in the real estate/structured finance bubble of 2006-08, it was WS that lost its shirt.

    Yeah all those CEOs from bankrupt companies are now on welfare. Tragic.
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  • Reply 25 of 31
    stelligentstelligent Posts: 2,680member

    Quote:

    Originally Posted by Gary1943 View Post



    Apple's buyback of 50 billion worth of their own stock is a way of shoving it in the face of the gamblers and manipulators on Wallstreet. They are simply saying if you do not want to pay a fair price for our stock, we will buy it back and keep it. 


    I respectfully disagree. I see it as capitulation (but I am not sure Apple had much of a choice). This is precisely the outcome that some of the so-called manipulators wanted.

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  • Reply 26 of 31
    stelligentstelligent Posts: 2,680member

    Quote:

    Originally Posted by Marvin View Post





    It's important to remember that this guy is already incredibly wealthy so he will invest some money for security rather than growth. 


    No one got to be that rich (save for inheriting the wealth) by treating something like $AAPL as "security". If you're optimistic, this is a growth stock. If you're pessimistic, it's the Titanic. Nothing in the last tumultuous 8 months suggests it is merely a place to hold money.

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  • Reply 27 of 31
    He's a billionaire because he doesn't declare his faith in the company BEFORE he purchases the shares.

    Gotta wonder if this isn't money drawn out of Cyprus. In that country, it was the laundering of Russian mafia money that brought them down, in Greece, it was letting Goldman Sachs execs "advise" them while their buddies in the US shorted the currency.

    If he's this rich, chances are there are some bones buried in a fur lined walk-in closet.
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  • Reply 28 of 31
    Quote:
    Originally Posted by stelligent View Post

    I respectfully disagree. I see it as capitulation (but I am not sure Apple had much of a choice). This is precisely the outcome that some of the so-called manipulators wanted.

     

    How do the "manipulators" benefit from a stock buy-back?

     

    Yes, in some areas like stock-shorting, the House always wins -- but the house doesn't get to play if you take your gambling chits and go home. I think this is more the casual pessimism of a realist substituting for hard data -- I know, I do it all the time as well.

     

    Apple's stock buy-back was probably due to their opinion that it was undervalued -- and it ends up helping the company when the market purchases it later for a higher value. I think they'll do well in returns in this case.
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  • Reply 29 of 31
    Marvinmarvin Posts: 15,585moderator
    sog35 wrote: »
    Apple's revenue grew almost 20% last quarter even without any new products.

    Their profit fell though - $11.6b down to $9.5b. Let's say that one day they made 20% more revenue next year but recorded a net loss, would you value them higher or lower? Profit has to count more than revenue.
    stelligent wrote:
    Nothing in the last tumultuous 8 months suggests it is merely a place to hold money.

    It showed that $700 was the maximum value that the market would hold and it fell because growth slowed down. It'll fluctuate back and forth now that Apple has demonstrated stability but it shouldn't settle anywhere near $700 unless there's a massively profitable new product coming along. Obviously that value can happen, I just don't think it will happen. I reckon it will stay below $500. Right now, Apple has regained the highest market cap in the world. $850 puts it at more than double Exxon's value.
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  • Reply 30 of 31
    Quote:
    Originally Posted by maccherry View Post

    Apples shares can go up and down independent of the cash they bring in. The stock price is purely manipulated by the boys on Wall Street.

    They make revenue markers and hopes Apple can cross THIER FINISHING LINE. And when Apple doesn't meet their BS, they drop their stock prince. LOL!

    In January Apple posted the greatest quarter in Apple history; yet the stock price still went down!!!

    There needs to be an investigation because the speculators are stealing money from investors and blaming it on Apple's management.

     

    I agree with you -- but if there were actually an investigation on how stocks are manipulated to "rip off the suckers" then that would mean that the huge sums of money that created FINRA -- which is a joint venture between the OLD government regulators and Wall Street (no really -- like the Fed -- so what's the worst that can happen, right?), actually WANTED to help out John Q. Public and not of course, themselves, which is the rich people regulating the rich people. And that would mean that they'd have to admit that Stocks and Futures contracts were rip offs and a bad way to actually fund startup companies or improve existing ones -- I mean, why not allow companies just to create bonds? Anyway.

     

    Long before you get justice meted out or investigations, you've got to fix a totally corrupt system. To get to that point you've got to get an election process that wasn't ruled by Lobbyists and Banks and before that you'd have to have someone in the justice department take seriously how rigged and ridiculous it is to have gerrymandered districts with 52% Republicans and next county 99% Democrats so that their guys can win on occasion. And before that, you'd have to outlaw political parties because it goes agains the concept of us electing representatives if they are going to COLLUDE with another interested party -- like the DNC or GOP or lobbyist for Exxon.

     

    You might as well ask for world peace.
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