AAPL bleeds record $97B in valuation over weekend [u]

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Comments

  • Reply 61 of 84
    sirozhasirozha Posts: 801member
    lkrupp said:
    Fear and panic have won the day. Ebay has banned the sale of masks and hand sanitizer to prevent price gouging. Shelves are empty, people are running around with their hair on fire screaming, I wonder what would happen if some real apocalypse occurred. We're like frogs sitting in a pot of water, blissfully unaware of the rising temperatures caused by climate change as the temperature rises until we are boiled alive. But nobody cares about that. In the end we are just mindless beasts no different than our prehistoric ancestors.
    This is a real apocalypse. WHO is estimating mortality from Covid-19 to be 3.5%. If half of Americans get Covid-19 in 2020, there will be close to 6 million Americans dead by the end of 2020.This is more than four times the number of all Americans killed in all of its wars in the entire history of the US. And that's in less than a year before the end of 2020. There will be another 6 million dead in 2021.
    edited March 2020
  • Reply 62 of 84
    apple ][apple ][ Posts: 9,233member
    spice-boy said:
    The Titanic is sinking and these guys can't stop talking about money, pathetic.
    The Titanic is not sinking, lol. 


  • Reply 63 of 84
    sirozhasirozha Posts: 801member
    asdasd said:
    Wgkrueger said:
    lkrupp said:
    spice-boy said:

    lkrupp said:
    Who gets to do "after hours trading"? Certainly not the individual investor, right? If certain investors get to buy and sell securities over the weekend why is the stock market "closed" on Saturday and Sunday. I don't get this.
    I guess all your "hard earned" money made from owning stock in Apple will be gone soon. Maybe another huge tax break for the 1% would make it right? 
    It's times like these when the communists crawl out of the woodwork promising a chicken in every pot even though they know they can't deliver on that promise. "They pretend to pay us and we pretend to work" is an old Russian saying. Time to send the rich to reeducation camps and confiscate their wealth. Oh wait, that's Bernie's plan. My bad.
    He’s a socialist not a communist. Get your FUD right. 
    He’s really more of a Marxist.
    He is nothing like a Marxist, or anywhere close to a Marxist.  For instance he isnt trying to seize all the means of production, or instigate a worker's revolution. A few tweaks to medicare, some new taxes does not a marxist make. 
    Guess you’re not familiar with his platform or his tweets?

    Just today he insisted that a Coronavirus treatment should be “free”. How does that work?

    https://twitter.com/berniesanders/status/1236748536475275266?s=21
    Of course, the coronavirus treatment should be free. How does it work? How does a corporate tax cut work that adds $1 trillion to the annual US deficit? The same way the free coronavirus treatment would work. 

    The US government's role is to protect the US population from all threats: foreign and domestic. That's the only reason that the US government was created by the States. The current government completely failed in its role to protect the US population from the coronavirus epidemic even though it had enough time to close its borders to ensure that only a handful of infected people would be able to come to the US and it should have quarantined  all of them for at least 3 weeks. Now that the US government completely failed the only reason it was created for, it should at least figure out how to treat coronavirus at no cost to the US nationals and those who die should be given free funeral services. That's the least that the Trump administration could do to save its face at this point. 
    muthuk_vanalingam
  • Reply 64 of 84
    sirozhasirozha Posts: 801member

    apple ][ said:
    Cook would be wise to inform investors how Apple stands on making deliveries right now. Information is better than no information.

    I ordered a pair of engraved airpods pro about a month ago and I noticed that my card was just charged a few days ago, so they will be arriving soon. I assume that they come from China.
    Just make sure you don't stick them in your ears.
  • Reply 65 of 84
    sirozhasirozha Posts: 801member

    gatorguy said:
    Soli said:
    spice-boy said:
    MacPro said:
    spice-boy said:
    lkrupp said:
    Who gets to do "after hours trading"? Certainly not the individual investor, right? If certain investors get to buy and sell securities over the weekend why is the stock market "closed" on Saturday and Sunday. I don't get this.
    I guess all your "hard earned" money made from owning stock in Apple will be gone soon. Maybe another huge tax break for the 1% would make it right? 
    I suspect many here, like I did, bought AAPL so long ago it isn't that terrible so far.
    sorry you missed my point, buying stock is the laziest way to "earn" a living doing something that contributes to society is how to earn something. 
    1) "Work smarter, not harder." — Scrooge McDuck

    2) Are you honestly not aware of what companies would be like if investors weren't allowed?
    There's no longer any "investment" in Apple stock. When someone buys a share of stock someone else had to have sold. Apple gets not one penny of it either way. There's no investment just a change in ownership of a share. 
    What about the stock awards that Apple employees and executives receive? It's money made out of thin air by diluting the value of existing outstanding shares. The AAPL investors are bankrolling the lifestyle of Apple employees and executives all the way to the top executives and Tim Cook. 
    dysamoria
  • Reply 66 of 84
    sirozhasirozha Posts: 801member
    lkrupp said:
    Who gets to do "after hours trading"? Certainly not the individual investor, right? If certain investors get to buy and sell securities over the weekend why is the stock market "closed" on Saturday and Sunday. I don't get this.
    Everyone who has an investment account can do after hours trading. The fact that you never bothered to get curious and learn about investing is on you.  

    You can even open a free paper money account on TD Ameritrade, which allows you to use their "thinkorswim" trading application as a trading simulator. Even if you have no money to invest, you can still learn about how to invest and even trade securities using pretend money on the real trading platform, trading stock, ETFs, futures, foreign currency, options, etc. during market hours, after hours, and in pre-market. You can even trade on margin, shorting stock, futures, etc.

    It only takes one to want to learn and be patient and persistent in your learning to become good at investing and trading. All the tools are out there, including many books on investing and trading. 

    If you choose to bash investors and traders instead of learning how to do it for yourself, it's your own choice. The difference between the rich and the poor is that the poor are usually dumb, especially if they stay poor for generations while others manage to get out of poverty through their own effort and ingenuity. Don't blame others if being lazy is what you enjoy doing. 
    edited March 2020
  • Reply 67 of 84
    SoliSoli Posts: 10,038member
    spice-boy said:
    Soli said:
    lkrupp said:
    MisterKit said:
    If the Apple stock price gets low enough Apple can just buy themself out and the game will be over.
    Even with the current slaughter AAPL is still worth $1.18T, not exactly a candidate for going private.
    Nothing about Apple's current valuation or their structure makes ever going private a feasible option.
    The Titanic is sinking and these guys can't stop talking about money, pathetic.
    Apple is not going under.
    dysamoria
  • Reply 68 of 84
    SoliSoli Posts: 10,038member
    sirozha said:
    lkrupp said:
    Fear and panic have won the day. Ebay has banned the sale of masks and hand sanitizer to prevent price gouging. Shelves are empty, people are running around with their hair on fire screaming, I wonder what would happen if some real apocalypse occurred. We're like frogs sitting in a pot of water, blissfully unaware of the rising temperatures caused by climate change as the temperature rises until we are boiled alive. But nobody cares about that. In the end we are just mindless beasts no different than our prehistoric ancestors.
    This is a real apocalypse. WHO is estimating mortality from Covid-19 to be 3.5%. If half of Americans get Covid-19 in 2020, there will be close to 6 million Americans dead by the end of 2020.This is more than four times the number of all Americans killed in all of its wars in the entire history of the US. And that's in less than a year before the end of 2020. There will be another 6 million dead in 2021.
    You've outcazied yourself by going from a pandemic (which WHO hasn't called it) and calling it an apocalypse, the complete final destruction of the world, as described in the biblical book of Revelation:

    You may want to look at South Korea's mortality rate. They did testing of people across the board, not just the old and immunocompromised who were already showing signs of the virus, and they show a 0.64% mortality rate, with hardly any deaths being statistically likely if you're under 40yo. So much for your desire for an 
    apocalyptic event that you keep trying to spread false fears. Shameful and pathetic that you get so excited by people getting sick and dying from a new virus that you wish it upon the entire world as a whole.
    edited March 2020
  • Reply 69 of 84
    sirozhasirozha Posts: 801member
    Soli said:
    spice-boy said:
    Soli said:
    lkrupp said:
    MisterKit said:
    If the Apple stock price gets low enough Apple can just buy themself out and the game will be over.
    Even with the current slaughter AAPL is still worth $1.18T, not exactly a candidate for going private.
    Nothing about Apple's current valuation or their structure makes ever going private a feasible option.
    The Titanic is sinking and these guys can't stop talking about money, pathetic.
    Apple is not going under.
    I'm sure he wasn't referring to Apple. Apple is not doomed. Those who invested in AAPL at over $300 on the hype will be taken to the cleaners. Thank DED for his fanboy essays that blind the readers into buying AAPL when its grossly overvalued.  
    dysamoria
  • Reply 70 of 84
    sjworldsjworld Posts: 94member
    All that I see in these comments are a bunch of crybabies mad at the stock market elite for erasing their tiny profits from Apple stock.
  • Reply 71 of 84
    apple ][apple ][ Posts: 9,233member
    sirozha said:
    I'm sure he wasn't referring to Apple. Apple is not doomed. Those who invested in AAPL at over $300 on the hype will be taken to the cleaners. Thank DED for his fanboy essays that blind the readers into buying AAPL when its grossly overvalued.  
    Baloney. If anybody happened to buy AAPL over $300, then the wise move to make right now is to do absolutely nothing. The stock will be above $300 again and on to $400 eventually. The economy is good, Apple is strong and the current dip in the markets are just a temporary thing. If anybody bought AAPL over $300, then they can always add some additional shares at the current lower prices and bring their average share cost price down.
    edited March 2020 SpamSandwichpscooter63
  • Reply 72 of 84
    sirozhasirozha Posts: 801member
    Soli said:
    sirozha said:
    lkrupp said:
    Fear and panic have won the day. Ebay has banned the sale of masks and hand sanitizer to prevent price gouging. Shelves are empty, people are running around with their hair on fire screaming, I wonder what would happen if some real apocalypse occurred. We're like frogs sitting in a pot of water, blissfully unaware of the rising temperatures caused by climate change as the temperature rises until we are boiled alive. But nobody cares about that. In the end we are just mindless beasts no different than our prehistoric ancestors.
    This is a real apocalypse. WHO is estimating mortality from Covid-19 to be 3.5%. If half of Americans get Covid-19 in 2020, there will be close to 6 million Americans dead by the end of 2020.This is more than four times the number of all Americans killed in all of its wars in the entire history of the US. And that's in less than a year before the end of 2020. There will be another 6 million dead in 2021.
    You've outcazied yourself by going from a pandemic (which WHO hasn't called it) and calling it an apocalypse, the complete final destruction of the world, as described in the biblical book of Revelation:

    You may want to look at South Korea's mortality rate. They did testing of people across the board, not just the old and immunocompromised who were already showing signs of the virus, and they show a 0.64% mortality rate, with hardly any deaths being statistically likely if you're under 40yo. So much for your desire for an apocalyptic event that you keep trying to spread false fears. Shameful and pathetic that you get so excited by people getting sick and dying from a new virus that you wish it upon the entire world as a whole.
    Keep deluding yourself. The Chinese ophthalmologist who alerted his colleagues of the new virus in January 2020, died from it a month later. He was 36 and in good health before he got infected. if you don’t think that 12 million Americans dead before the vaccine is available is not serious enough, then I can’t help you. 

    The death rate is 3.5% as it stands now. In the US it will be even higher because half of US nationals can’t afford the test itself ($3,500) not to even mention one day in the hospital. Additionally, we don’t have enough hospital beds for even a small fraction of those who will require hospitalization.  People will be dying in their houses, and suck people will be walking around infecting others. Very few would pay $3,500 to get tested. With high deductibles, most will have to cough up the entire amount to even be diagnosed, so few would voluntarily get diagnosed. 
    edited March 2020
  • Reply 73 of 84
    GG1GG1 Posts: 483member
    sirozha said:
    Soli said:
    sirozha said:
    lkrupp said:
    Fear and panic have won the day. Ebay has banned the sale of masks and hand sanitizer to prevent price gouging. Shelves are empty, people are running around with their hair on fire screaming, I wonder what would happen if some real apocalypse occurred. We're like frogs sitting in a pot of water, blissfully unaware of the rising temperatures caused by climate change as the temperature rises until we are boiled alive. But nobody cares about that. In the end we are just mindless beasts no different than our prehistoric ancestors.
    This is a real apocalypse. WHO is estimating mortality from Covid-19 to be 3.5%. If half of Americans get Covid-19 in 2020, there will be close to 6 million Americans dead by the end of 2020.This is more than four times the number of all Americans killed in all of its wars in the entire history of the US. And that's in less than a year before the end of 2020. There will be another 6 million dead in 2021.
    You've outcazied yourself by going from a pandemic (which WHO hasn't called it) and calling it an apocalypse, the complete final destruction of the world, as described in the biblical book of Revelation:

    You may want to look at South Korea's mortality rate. They did testing of people across the board, not just the old and immunocompromised who were already showing signs of the virus, and they show a 0.64% mortality rate, with hardly any deaths being statistically likely if you're under 40yo. So much for your desire for an apocalyptic event that you keep trying to spread false fears. Shameful and pathetic that you get so excited by people getting sick and dying from a new virus that you wish it upon the entire world as a whole.
    Keep deluding yourself. The Chinese ophthalmologist who alerted his colleagues of the new virus in January 2020, died from it a month later. He was 36 and in good health before he got infected. if you don’t think that 12 million Americans dead before the vaccine is available is not serious enough, then I can’t help you. 

    The death rate is 3.5% as it stands now. In the US it will be even higher because half of US nationals can’t afford the test itself ($3,500) not to even mention one day in the hospital. Additionally, we don’t have enough hospital beds for even a small fraction of those who will require hospitalization.  People will be dying in their houses, and suck people will be walking around infecting others. Very few would pay $3,500 to get tested. With high deductibles, most will have to cough up the entire amount to even be diagnosed, so few would voluntarily get diagnosed. 
    I doubt anyone, even the WHO, can put an accurate number on the death rate AT THIS TIME. There are most like MANY people that have contracted it and recovered with no ill effects. Are they counted in the total infected number? I doubt it.

    It will take time, probably months, before an accurate death rate can be established. I'm thinking some type of blood test is needed to detect antibody markers to know how many WERE actually infected (not the test now to detect if you ARE infected). Then I believe the actual death rate will be lower than the 3-4% number that is being floated around.
    dysamoria
  • Reply 74 of 84
    dysamoriadysamoria Posts: 3,430member
    lkrupp said:
    dysamoria said:
    Hooray for the invisible hand of the irrational gambling system of “public ownership”. Congratulations on always compounding problems. You just keep spreading that chaos, you delightfully magical economic system. Society will continue to worship Wall Street no matter what mess you make.

    ߤt;/div>
    And what's your alternative economic system? Government ownership instead of public ownership?
    FFS. Why do you jump straight to communism?
  • Reply 75 of 84
    dysamoriadysamoria Posts: 3,430member
    MisterKit said:
    If the Apple stock price gets low enough Apple can just buy themself out and the game will be over.
    That’s what I want to seen happen. Public ownership is a lie (if you’re a 1% person, then hooray for you) and a hyper-normalized gambling addiction. Immortal corporations without clear lines of liability or social accountability are not healthy for civilization.
  • Reply 76 of 84
    dysamoriadysamoria Posts: 3,430member
    lkrupp said:
    Fear and panic have won the day. Ebay has banned the sale of masks and hand sanitizer to prevent price gouging. Shelves are empty, people are running around with their hair on fire screaming, I wonder what would happen if some real apocalypse occurred. We're like frogs sitting in a pot of water, blissfully unaware of the rising temperatures caused by climate change as the temperature rises until we are boiled alive. But nobody cares about that. In the end we are just mindless beasts no different than our prehistoric ancestors.

    You know that's not true. A ton is happening on the climate change front. But the question is — what are YOU doing to change your lifestyle to support it? Have you planted more trees in your yard? Have you switched to a hybrid or electric vehicle? Have you stopped burning wood in your fireplace? At the end of the day, spewing accusations on the greater population is meaningless if you can't "own" your own words.

    This coronavirus situation is a real situation to worry about, maybe not the virus itself, but the panic it has caused. Your comment is not helping to calm that panic. What can do to actually help make this world a better place? That's the question.
    Fair comments, but the greater accountability is on corporations, industry, systems; not individuals. The Ad Council propaganda (among others) makes individual people out as responsible for things, but the far far FAR greater culprits are corporate America (and laissez-faire capitalistic entities everywhere else).
  • Reply 77 of 84
    dysamoriadysamoria Posts: 3,430member
    Marvin said:
    lkrupp said:
    dysamoria said:
    Hooray for the invisible hand of the irrational gambling system of “public ownership”. Congratulations on always compounding problems. You just keep spreading that chaos, you delightfully magical economic system. Society will continue to worship Wall Street no matter what mess you make.
    And what's your alternative economic system? Government ownership instead of public ownership?
    It just needs regulation rather than an alternative. These kind of irrational trades happen because people can buy/sell whenever they want. If you could only buy/sell in a given timeframe (e.g once per month) in restricted volumes and leveraged trading was banned, the whole market would be much more stable. Trading currency should be banned too. This kind of regulation would value investors and not speculators. But, like with any corrupt system, where there's dirty money, there's dirty money greasing the wheels to keep it just the way it is.
    Im not interested in a stable stock market. That’s not why markets exist. If a person wants stability, buy gold.
    Thanks for letting us know you prefer your civilization to be in chaos. That works great for the privileged, and terribly for the rest. 
  • Reply 78 of 84
    dysamoriadysamoria Posts: 3,430member
    sirozha said:
    asdasd said:
    Wgkrueger said:
    lkrupp said:
    spice-boy said:

    lkrupp said:
    Who gets to do "after hours trading"? Certainly not the individual investor, right? If certain investors get to buy and sell securities over the weekend why is the stock market "closed" on Saturday and Sunday. I don't get this.
    I guess all your "hard earned" money made from owning stock in Apple will be gone soon. Maybe another huge tax break for the 1% would make it right? 
    It's times like these when the communists crawl out of the woodwork promising a chicken in every pot even though they know they can't deliver on that promise. "They pretend to pay us and we pretend to work" is an old Russian saying. Time to send the rich to reeducation camps and confiscate their wealth. Oh wait, that's Bernie's plan. My bad.
    He’s a socialist not a communist. Get your FUD right. 
    He’s really more of a Marxist.
    He is nothing like a Marxist, or anywhere close to a Marxist.  For instance he isnt trying to seize all the means of production, or instigate a worker's revolution. A few tweaks to medicare, some new taxes does not a marxist make. 
    Guess you’re not familiar with his platform or his tweets?

    Just today he insisted that a Coronavirus treatment should be “free”. How does that work?

    https://twitter.com/berniesanders/status/1236748536475275266?s=21
    Of course, the coronavirus treatment should be free. How does it work? How does a corporate tax cut work that adds $1 trillion to the annual US deficit? The same way the free coronavirus treatment would work. 

    The US government's role is to protect the US population from all threats: foreign and domestic. That's the only reason that the US government was created by the States. The current government completely failed in its role to protect the US population from the coronavirus epidemic even though it had enough time to close its borders to ensure that only a handful of infected people would be able to come to the US and it should have quarantined  all of them for at least 3 weeks. Now that the US government completely failed the only reason it was created for, it should at least figure out how to treat coronavirus at no cost to the US nationals and those who die should be given free funeral services. That's the least that the Trump administration could do to save its face at this point. 
    It also failed when it bailed out corporations instead of bailing out the people. This is what happens when a government is colonized by laissez-faire capitalists and plutocrats rule. Government itself isn’t the problem. The greed of those with vast wealth IS.
    gatorguy
  • Reply 79 of 84
    dysamoriadysamoria Posts: 3,430member

    Soli said:
    spice-boy said:
    Soli said:
    lkrupp said:
    MisterKit said:
    If the Apple stock price gets low enough Apple can just buy themself out and the game will be over.
    Even with the current slaughter AAPL is still worth $1.18T, not exactly a candidate for going private.
    Nothing about Apple's current valuation or their structure makes ever going private a feasible option.
    The Titanic is sinking and these guys can't stop talking about money, pathetic.
    Apple is not going under.
    The Titanic is not Apple. The Titanic is the USA.
  • Reply 80 of 84
    dysamoriadysamoria Posts: 3,430member
    sjworld said:
    All that I see in these comments are a bunch of crybabies mad at the stock market elite for erasing their tiny profits from Apple stock.
    I don’t own a dime of stock. I’m mad at the stock market for being a hyper-normalized gambling game for the elites... as a damned ECONOMIC system!
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