Man this reminds me of 2012. Same pattern. When it does hit $700, I'm out for sure. Can't stand the stress of Apple's stock roller-coaster.
I plan to take 20% of my AAPL off the table, take the tax bite (20%!), and leave the cash there for if/when the price somehow gets to below (pre-split) $560.
I am sure a lot of people have a psychological (pre-split) $700 price point for whole or partial sale, so I am guessing that it'll be stuck at that level for a good while because of the selling pressure.
My what a difference a single quarter makes. Before the last quarterly results Apple was declared dead, over, finished, irrelevant. The iPhone was a has-been. The stock was stuck. Then Q2 blew it all away. Bwha? Apple is still selling iPhones and more than ever too? Now suddenly it’s hard to find an analyst who will bash the stock and they’re all raising their estimates. Who’da thunk it?
I don't believe much of anything when it comes to stocks, but I like to hear the reasoning behind people's predictions.
I don't mean to burst your bubble or come through as being snarky in the least, but anyone -- anyone -- who tells you "what" and "when" at the same time vis-a-vis stock prices, given the known state of finance theory and forecasting, is either clueless or lying.
Short of astrology or some such thing, nothing in known economics enables them to do so!
I think $350. in 3 years is achievable if everything in the pipeline comes to fruition." src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
[CONTENTEMBED=/t/180197/ubs-raises-apple-price-target-to-700-expects-significant-user-upgrades-for-iphone-6#post_2541924 layout=inline]Most analysts have no clue at all.[/CONTENTEMBED]
[CONTENTEMBED=/t/180197/ubs-raises-apple-price-target-to-700-expects-significant-user-upgrades-for-iphone-6#post_2541924 layout=inline] [/CONTENTEMBED]
[CONTENTEMBED=/t/180197/ubs-raises-apple-price-target-to-700-expects-significant-user-upgrades-for-iphone-6#post_2541924 layout=inline]Their failed and inaccurate predictions are proof of that.[/CONTENTEMBED]
[CONTENTEMBED=/t/180197/ubs-raises-apple-price-target-to-700-expects-significant-user-upgrades-for-iphone-6#post_2541924 layout=inline] [/CONTENTEMBED]
[CONTENTEMBED=/t/180197/ubs-raises-apple-price-target-to-700-expects-significant-user-upgrades-for-iphone-6#post_2541924 layout=inline]Of course they had to raise their current prediction, since their old one is now underwater, and they'd look like complete idiots if they didn't play catch up and revise their numbers.[/CONTENTEMBED]
[CONTENTEMBED=/t/180197/ubs-raises-apple-price-target-to-700-expects-significant-user-upgrades-for-iphone-6#post_2541924 layout=inline] [/CONTENTEMBED]
[CONTENTEMBED=/t/180197/ubs-raises-apple-price-target-to-700-expects-significant-user-upgrades-for-iphone-6#post_2541924 layout=inline]It'll be interesting to see what happens to AAPL after the split.[/CONTENTEMBED]
AAPL shares will plummet after the split and be worth a seventh of what they were.
I am thinking that this respond ant was still thinking if the Apple pre-split price, a natural mistake.
Until the split happens all values, even future ones, should be indicated based on what how the stock is measured today.
Hah! My off the head calculation was €4.2 T, so I wasn't far off.
Of course, in theory, Apple could split the stock, and the first day of the new price, the stock could surge by seven times, taking it back up to $700! The probability is effectively zero, but in one universe, it no doubt happens, for those who believe in infinite universes.
Comments
Man this reminds me of 2012. Same pattern. When it does hit $700, I'm out for sure. Can't stand the stress of Apple's stock roller-coaster.
I plan to take 20% of my AAPL off the table, take the tax bite (20%!), and leave the cash there for if/when the price somehow gets to below (pre-split) $560.
I am sure a lot of people have a psychological (pre-split) $700 price point for whole or partial sale, so I am guessing that it'll be stuck at that level for a good while because of the selling pressure.
My what a difference a single quarter makes. Before the last quarterly results Apple was declared dead, over, finished, irrelevant. The iPhone was a has-been. The stock was stuck. Then Q2 blew it all away. Bwha? Apple is still selling iPhones and more than ever too? Now suddenly it’s hard to find an analyst who will bash the stock and they’re all raising their estimates. Who’da thunk it?
[IMG ALT=""]http://forums.appleinsider.com/content/type/61/id/43881/width/500/height/1000[/IMG]
[IMG ALT=""]http://forums.appleinsider.com/content/type/61/id/43880/width/500/height/1000[/IMG]
[IMG ALT=""]http://forums.appleinsider.com/content/type/61/id/43882/width/500/height/1000[/IMG]
So WHAT HAS BEEN THESE LOST 2 YEARS, VILLAIN ??????
Love it.
Why are we hanging around this board? We could all be analysts.
I think hitting $165 post-split is achievable.
In a fair world, it would be.
I know we're all just predicting, but what's your timeline for that?
In a fair world, it would be.
I know we're all just predicting, but what's your timeline for that?
You would seriously believe any answer to that question? By anyone?
Hate it! His ostentatious, spastic, attention-seeking comments are to a forum what 2 Girls 1 Cup is to cinema.
Hate it! His ostentatious, spastic, attention-seeking comments are to a forum what 2 Girls 1 Cup is to cinema.
LOL! I have him blocked, but check out his posts just for a good laugh.
You would seriously believe any answer to that question? By anyone?
I don't believe much of anything when it comes to stocks, but I like to hear the reasoning behind people's predictions.
I don't believe much of anything when it comes to stocks, but I like to hear the reasoning behind people's predictions.
I don't mean to burst your bubble or come through as being snarky in the least, but anyone -- anyone -- who tells you "what" and "when" at the same time vis-a-vis stock prices, given the known state of finance theory and forecasting, is either clueless or lying.
Short of astrology or some such thing, nothing in known economics enables them to do so!
I think $350. in 3 years is achievable if everything in the pipeline comes to fruition.
" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
A ton sounds about right; you're a dying breed.
AAPL shares will plummet after the split and be worth a seventh of what they were.
Hah! My off the head calculation was €4.2 T, so I wasn't far off.
Of course, in theory, Apple could split the stock, and the first day of the new price, the stock could surge by seven times, taking it back up to $700! The probability is effectively zero, but in one universe, it no doubt happens, for those who believe in infinite universes.
Of course it's achievable; the question is—when? I bet May 2015, TS bets June 2015.