If Tim Cook wasn't such a bow wow CEO AAPL wouldn't be such a dog of a stock! Another down day in an up market? I have personally been waiting to buy a Retina iPad mini since the day the mini came out. The longer I wait the lower AAPL will sink because there are millions of people waiting for Apple to stop resting on its past laurels and release a modern f-ing product! Jeez.
They just didnt had the screen tech to do a retina mini last year. Imo we will get it this year. The regular ipad should be thinner and lighter too if they changed the screen tech.
But even with all your dire predictions Apple is, as of right now, still the most valuable company in terms of market capitalization. That's some "blah sentiment" isn't it? They can swing aimlessly around in the $400s and still be worth more than anybody else. How much higher does AAPL have to go for it not to be a "bleak" summer?
Dire predictions???
Oh, yes... Anan's comment was just chock full of dire predictions.
Holy ignorance on short selling. Things such as convertible bonds and options wouldn't exist without short selling. The former relies on the arb community hedging out stock risk to simply be long volatility, the latter relies on shorting so dealers and delta hedge customer trades.
Apple is down because of Tim Cook's inability to lead the company. Leadership would mean execution and innovation. We haven't seen either in years from this company.
Stock manipulation is illegal. People who have spread lies about companies to drive their stock prices one way or the other (mostly down) have rightfully gone to jail for this. Why aren't regulators doing anything about the obvious campaigns of lies and smears against Apple?
Indeed. It wasn't Apple performance so much as the rumors and unnamed sources that killed the stock price. Trouble is proving the source lied or isn't real and it was just to play with the price. Which is basely impossible
LOL! Back in January Apple posted the greatest quarter of its existence; yet their stock price still fell. How could that be? Go ask Lloyd Blankfein from Goldy Sachs aka Arthur Jenssen from NETWORK. LOL! And the reason nobody is touching this, as far as I can see, is because this BS is at the heart of America's economic system. It's a ponzi scheme through and through.The folks at the top got their cut, crashed the stock and cleaned up. What happened to the money you put in when Apple's stock was that high? GONE BABY GONE! And FDIC doesn't cover stocks nor bonds. Hey, remember Casino Royal with Daniel Craig? Le Chiffre tried shorting the stock on that airline by using a terrorist to blow up that new airliner. It is the same old six and seven(SAME OLD SH**).
I forgot Tim is speaking today....that explains the stock drop, it has dropped every time he has spoke in the last 9-ish months. He is the anti-Jobs. Mouth opens and the market loses confidence in the company. Citi out today saying gross margins going to get smoked in 2nd half as sales slow even further not helping.
There's nothing wrong with shorting AAPL or any other stock. That's how markets work. As a matter of fact, I've shorted AAPL a few times myself.
What is wrong and illegal are the BS rumor spreaders, who write false stories about Apple with the intent to manipulate the market. These people should be behind bars.
Yup, every transaction has a buyer and a seller, and short sellers simply add liquidity and let the market do what it's supposed to do. No surprise that a site like AppleInsider would use terms like "bludgeon", but let's all grow up already.
Short selling has a detrimental impact on investing and the markets in general and I completely disagree with it. In my opinion, financial markets should be there to allow investors (large or small) to invest in businesses and companies to prosper, not to bid on their failure. If you believe a company will fail, cash out your positions and invest elsewhere.
I'm hoping everybody will ignore [B]jdnc 123[/B]'s frothing about Tim Cook, and not do him the favor of quoting him. As he himself said the last time he was around, his posts don't matter anyway. That's really true, except in the larger sense of truth vs. lies.
If you believe a company will fail, cash out your positions and invest elsewhere.
It has nothing to do with if somebody believes that a company is going to fail.
I've shorted Apple a few times, and I definitely don't believe that Apple is doomed. Stocks swing up and down, and money can be made in both directions.
I keep trying to see if apple is buying back its shares @ if so, how many have been bought back. The only way I know of is to look up the total shares owned by apple. It hasn't budged, still at 938 million. I've looked on yahoo & and apples site. Does anyone know how I can find that info more accurately? It's stayed at 928 million shares and I'm thinking that info isn't accurate. @ I'm wondering if there's a specific place I can go to that has up to date info like that. Anyone know?
I keep trying to see if apple is buying back its shares @ if so, how many have been bought back. The only way I know of is to look up the total shares owned by apple. It hasn't budged, still at 938 million. I've looked on yahoo & and apples site. Does anyone know how I can find that info more accurately? It's stayed at 928 million shares and I'm thinking that info isn't accurate. @ I'm wondering if there's a specific place I can go to that has up to date info like that. Anyone know?
The other option is to contact Apple's 'Transfer Agent,' whom he SEC charges with maintaining all the records associated with 'canceled' shares (after repurchase). They may or may not respond... http://investor.apple.com/faq.cfm?FaqSetID=5
I'm hoping everybody will ignore jdnc 123's frothing about Tim Cook, and not do him the favor of quoting him. As he himself said the last time he was around, his posts don't matter anyway. That's really true, except in the larger sense of truth vs. lies.
Some people either have short or malleable memories because I can distinctly recall the stock dropping after Steve Jobs spoke. In fact, the largest and fastest drop in relative value was under Jobs and it jumped back up under Cook during Jobs's indeterminable hiatus.
I keep trying to see if apple is buying back its shares @ if so, how many have been bought back. The only way I know of is to look up the total shares owned by apple. It hasn't budged, still at 938 million. I've looked on yahoo & and apples site. Does anyone know how I can find that info more accurately? It's stayed at 928 million shares and I'm thinking that info isn't accurate. @ I'm wondering if there's a specific place I can go to that has up to date info like that. Anyone know?
Have you compared both the number of shares owned by Apple and outstanding shares? Are these different?
Comments
Originally Posted by herbapou
There is nothing illegal in shorting a stock.
Nonsense.
So whats keeping the stock down? …lack of innovation.
So… idiots.
Quote:
Originally Posted by Tallest Skil
Originally Posted by herbapou
There is nothing illegal in shorting a stock.
Nonsense.
Umm.... sorry, TS, but you need to educate yourself a bit on this particular issue.
Here, I'll help you. This is a good place to get started: http://www.sec.gov/answers/shortsale.htm
Quote:
Originally Posted by MJ Web
If Tim Cook wasn't such a bow wow CEO AAPL wouldn't be such a dog of a stock! Another down day in an up market? I have personally been waiting to buy a Retina iPad mini since the day the mini came out. The longer I wait the lower AAPL will sink because there are millions of people waiting for Apple to stop resting on its past laurels and release a modern f-ing product! Jeez.
They just didnt had the screen tech to do a retina mini last year. Imo we will get it this year. The regular ipad should be thinner and lighter too if they changed the screen tech.
Quote:
Originally Posted by lkrupp
But even with all your dire predictions Apple is, as of right now, still the most valuable company in terms of market capitalization. That's some "blah sentiment" isn't it? They can swing aimlessly around in the $400s and still be worth more than anybody else. How much higher does AAPL have to go for it not to be a "bleak" summer?
Dire predictions???
Oh, yes... Anan's comment was just chock full of dire predictions.
Quote:
Originally Posted by Tallest Skil
Nonsense.
So… idiots.
Holy ignorance on short selling. Things such as convertible bonds and options wouldn't exist without short selling. The former relies on the arb community hedging out stock risk to simply be long volatility, the latter relies on shorting so dealers and delta hedge customer trades.
Apple is down because of Tim Cook's inability to lead the company. Leadership would mean execution and innovation. We haven't seen either in years from this company.
Indeed. It wasn't Apple performance so much as the rumors and unnamed sources that killed the stock price. Trouble is proving the source lied or isn't real and it was just to play with the price. Which is basely impossible
Quote:
Originally Posted by dsect
Isn't it time they moved the stock exchange to Las Vegas where it belongs?
You are funny.
How could that be? Go ask Lloyd Blankfein from Goldy Sachs aka Arthur Jenssen from NETWORK. LOL!
And the reason nobody is touching this, as far as I can see, is because this BS is at the heart of America's economic system.
It's a ponzi scheme through and through.The folks at the top got their cut, crashed the stock and cleaned up. What happened to the money you put in when Apple's stock was that high? GONE BABY GONE!
And FDIC doesn't cover stocks nor bonds.
Hey, remember Casino Royal with Daniel Craig? Le Chiffre tried shorting the stock on that airline by using a terrorist to blow up that new airliner.
It is the same old six and seven(SAME OLD SH**).
I forgot Tim is speaking today....that explains the stock drop, it has dropped every time he has spoke in the last 9-ish months. He is the anti-Jobs. Mouth opens and the market loses confidence in the company. Citi out today saying gross margins going to get smoked in 2nd half as sales slow even further not helping.
There's nothing wrong with shorting AAPL or any other stock. That's how markets work. As a matter of fact, I've shorted AAPL a few times myself.
What is wrong and illegal are the BS rumor spreaders, who write false stories about Apple with the intent to manipulate the market. These people should be behind bars.
Quote:
Originally Posted by r1sko
If you believe a company will fail, cash out your positions and invest elsewhere.
It has nothing to do with if somebody believes that a company is going to fail.
I've shorted Apple a few times, and I definitely don't believe that Apple is doomed. Stocks swing up and down, and money can be made in both directions.
Quote:
Originally Posted by skleiniv
I keep trying to see if apple is buying back its shares @ if so, how many have been bought back. The only way I know of is to look up the total shares owned by apple. It hasn't budged, still at 938 million. I've looked on yahoo & and apples site. Does anyone know how I can find that info more accurately? It's stayed at 928 million shares and I'm thinking that info isn't accurate. @ I'm wondering if there's a specific place I can go to that has up to date info like that. Anyone know?
There is no easy or obvious way to check this.
Best to write to Apple Investor Relations and ask: http://investor.apple.com/contactUs.cfm
The other option is to contact Apple's 'Transfer Agent,' whom he SEC charges with maintaining all the records associated with 'canceled' shares (after repurchase). They may or may not respond... http://investor.apple.com/faq.cfm?FaqSetID=5
Some people either have short or malleable memories because I can distinctly recall the stock dropping after Steve Jobs spoke. In fact, the largest and fastest drop in relative value was under Jobs and it jumped back up under Cook during Jobs's indeterminable hiatus.
Have you compared both the number of shares owned by Apple and outstanding shares? Are these different?
Tim Cook's interview at ATD11 at 9 PM Eastern today, here: http://allthingsd.com/20130528/coming-up-live-apple-ceo-tim-cook-kicks-off-d11/
Quote:
Originally Posted by SolipsismX
Have you compared both the number of shares owned by Apple and outstanding shares? Are these different?
What do you mean by "number of shares owned by Apple" -- Apple does not own any of its own shares, afaik?