Checking your post history you only make that fact know AFTER earnings and after it dropped to $119 that day.
Just because you're the little boy that cried wolf and right now for you the sky is falling doesn't mean the rest of us don't understand how to invest. I've been investing heavily for over 27 years now, so I have a fairly good handle on what I'm doing. I buy and sell gold and silver, I have mutual funds, bonds and individual stocks.
There are times like this where I made an educated guess and I got lucky, there are times I make a move and take a bath. However one mistake I never make is falling in love with a company or an investment.
Before the earnings report the whisper was 50 Million I felt confident Apple was not going to make that number adding to the fact Cook wasn't going to separate out watch numbers which in my opinion was going to cause even more speculation. I decided to sell and hold for a bit. I fully intend on putting back into AAPL but I'm kind of big on trying to protect my investments. If you want to hold then hold but don't going crying manipulation every time the stock goes the wrong direction.
You make these ridiculous statements on the forum and you're lucky if 10% come true.
The stock is down because people aren't willing to put more money into the stock, even at these levels. While I am an order of magnitude more confident in AAPL now than I was in 8/2012, I am not going to try to catch a falling knife again. History makes me think it will drop to $90 soon. (History being I have calls with $100 strike.)
Yes and no. It's down because of heavy manipulation and opportunism to depress share prices...why?...so that heavy hitters could sell at a "high" AND then buy it back at the "low". You better believe that big money will buy it right back up (before it hits some ridiculous low, like 90)...sending the stock higher again.
Absolute nonsense. Lots of "small guys" have created a lot of wealth for themselves with companies like Apple. Including myself, and many others in this Forum.
If they didn't think of themselves as day-traders or have the attention span of a gnat, that is.
If he was uncomfortable posting a screenshot (which there really is no reason to be afraid as long as you don't show account number) would be fine.
I just see a ton of guys on other sites who say they sold or bought or shorted something AFTER the big move happens.
Beyond a point, no, it's not fun.
Moreover, you really should look at a person's posting history in this Forum. Many of the folks have been here for a while, and frankly, I trust some of them more than I do Facebook or Twitter posts where I supposedly know who's posting.
In fact, in a perverse way, I think people might even be more honest about who they are when they're anonymous, since there is nothing personal involved, by definition.
Brought back my covered calls and bought 10 jan 2016 option calls when the stock was trading at $114 this morning. I will sell covered calls again when the stock gets high enough.
I'm not sure how it would work either. I don't think any company has done it before.
What I'm saying is Apple can give all the shareholders an option to either:
A. Sell their shares at a significant premium or
B. Keep their shares and they would be converted to private shares
IMO, I think the majority would choose to keep their shares (probably about 80%) and get them exchanged for private shares. Thus Apple would not need to raise much money to buy out the shareholders who want to sell their shares. Lets say 20% decide to sell their shares. Then Apple would need:
20% x $650 billion = $130 billion x 30% premium = $169 billion
Again I don't even know if this is possible or legal but I can't see why it would not be.
I'm not much of an expert on private companies, but wouldn't this make it very difficult for the proposed Apple shareholders to sell their stock? Since it would no longer be publicly traded, it seems like it would really reduce liquidity. How do you even sell a private stock? Would you have to post an ad and find a buyer? That could work for really large investors, but seems difficult for smaller holders. Plus, without the same reporting requirements of a publicly traded company, it seems like the price would be even more open to manipulation, misinformation, or just honest lack of information.
It would have been nice if you told all of this BEFORE earnings was released and the stock was down 8%.
It would be more believable.
_________
About crying wolf. Remember when Apple tanked to $55 in 2013? You can read my post history and see I said Apple was a screaming buy.
Why would I have? If a thread never came up about stock being down or the stock stayed level this wouldn't even be a topic. It doesn't matter if you find it believable or not. If your going to be on the net you have to take people at face value.
Bizarre idea that people would lie about stock market success on an Apple fan site. Or that even if they did it's worth anyone's time giving two hoots about.
You made a bunch of money betting on/against Apple? Meh. You lied about making a bunch of money betting on/against Apple? Meh.
I'm not much of an expert on private companies, but wouldn't this make it very difficult for the proposed Apple shareholders to sell their stock? Since it would no longer be publicly traded, it seems like it would really reduce liquidity. How do you even sell a private stock? Would you have to post an ad and find a buyer? That could work for really large investors, but seems difficult for smaller holders. Plus, without the same reporting requirements of a publicly traded company, it seems like the price would be even more open to manipulation, misinformation, or just honest lack of information.
Hey AAPL investors, how about a little cheese to go with that whine? I knew this stock was going nowhere fast! " src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
That was key technical retracement of fib. I hate technical analysis but some many people trade using it you can't ignore it.
I personally prefer investing based on fundamentals, but as has been said many times, the market does what the market does. Whether the large institutions are right or wrong on their decisions, what they do dictates the price action - so by default, their actions are "correct".
I don't know if the fib you are referring to is based on the price action of 1/6/05 -> 7/21/05, but whether it bottoms at 115, goes down to a shorter term fib level ($111) or some other point, AAPL will bottom when price hits the institutional buyers place to accumulate. What drives the stock price isn't the small investor like you or me (<$10 million), but the institutions - and, the technicals are created by their buying habits - they aren't looking at fibs and candle patterns to determine when they buy.
I agree, this drop in price looks manipulated to me as well, but not by news events (e.g, whisper number). Looked more like strategic selling to drive the price down and shakeout short term traders (and some of the weaker investors). Whether my suspicions are correct or not, It didn't take many shares to get the ball rolling letting conditional sell orders (stops) continue the slide.
Whether you like the situation or not, the pullbacks are opportunities to profit. And, allow Apple to accumulate more shares in their buy back program.
Apple is, if not the best run company, is one of the top companies around and will be fine regardless of these perturbations in stock price.
When AAPL started paying dividends again in 2012, the stock price was about $100. per share, now the price is $114. per share here in 2015. Only 14% increase in 3 years. Pathetic.
If you are not willing to hold stocks for 5-10 years you have no business INVESTING in the stock market.
If you allow short-term movements to influence you to sell your shares its time you stop INVESTING. At that point you are TRADING and GAMBLING.
Look at all the most successful investors in history. They were all guys who would buy stocks and hold them for YEARS if not DECADES. The fundemental thesis of Apple is stronger than ever. Only the blind and dishonest cannot admit that Apple has a stranglehold on the most important industry in the world and will continue to dominate it for the next decade.
Re: "Look at all the most successful investors in history. They were all guys who would buy stocks and hold them for YEARS if not DECADES. "
To paraphrase Bill Clinton, that depends on what the meaning of the word "investor" is. To me like you it means mostly making calculated bets to buy and hold fiscal instruments. And the most committed are often "value" investors like Warren Buffett.
I never even buy individual stocks (although I really wanted to buy Apple at $17 back in the '90s - which would have me sitting with about a 4700% paper profit at this point (just calculating in my head roughly), rather a range of mutual funds across various markets to really spread my bet.
OTOH, some of the most successful people in the financial world have been traders who seldom hold any particular instrument for very long.
The difference is that a higher percentage of investors do relatively well in the long run (if they don't do what many do: panic and sell low and then later get greedy when the market's peaking and buy high), while the majority who try trading do poorly (repeating the error I just mentioned except more frequently), and if they try speculating in commodities, over 90% get wiped right out.
However, just pointing out there are various ways for truly disciplined and dedicated folk who do their homework to make money in the markets.
Quote:
Originally Posted by total
currently at $116 with PE 13.3 that is like AAPL should end soon, for example Microsoft has PE 32, on the other hand IBM just 10.5
If AAPL will come close to $100 i will consider investing again, because it will be good opportunity.
AAPL's PE at 13.3 likely makes it a bargain relative to the market based on many factors. IBM, unfortunately, is likely overvalued even with a good profit report and the much lower PE, because even with Apple's help (one of their best remaining hopes), they're shrinking, shrinking, shrinking....
MS at a PE of 32 indicates a love affair with Nadella and a sense things have taken a big step toward being "fixed" with Win 10... ...which is possible but very much remains to be seen.
So if I were to buy an individual stock out of these three (and Google), I'd pick Apple.
Comments
I haven't sold a share since this dropped from $133 to $113.
Care to prove this? I dare you.
Well, let me be charitable: since you can't, will you please shut up already with this kind of cheap, cr4ppy baiting of other posters?
sure you sold right before earnings.
Checking your post history you only make that fact know AFTER earnings and after it dropped to $119 that day.
Just because you're the little boy that cried wolf and right now for you the sky is falling doesn't mean the rest of us don't understand how to invest. I've been investing heavily for over 27 years now, so I have a fairly good handle on what I'm doing. I buy and sell gold and silver, I have mutual funds, bonds and individual stocks.
There are times like this where I made an educated guess and I got lucky, there are times I make a move and take a bath. However one mistake I never make is falling in love with a company or an investment.
Before the earnings report the whisper was 50 Million I felt confident Apple was not going to make that number adding to the fact Cook wasn't going to separate out watch numbers which in my opinion was going to cause even more speculation. I decided to sell and hold for a bit. I fully intend on putting back into AAPL but I'm kind of big on trying to protect my investments. If you want to hold then hold but don't going crying manipulation every time the stock goes the wrong direction.
You make these ridiculous statements on the forum and you're lucky if 10% come true.
Care to prove this? I dare you.
Well, let me be charitable: since you can't, will you please shut up already with this kind of cheap, cr4ppy baiting of other posters?
I'm fairly certain he has a post out there talking about shorting AAPL and making 400.00 in a day. Can't be more then a month old.
all we know you could have shorted 1 share. Which is you know, useless.
At least show the profit number
For all we know you could work for Icahn and are employed to write positive things in relation to Apple no matter what.
The stock is down because people aren't willing to put more money into the stock, even at these levels. While I am an order of magnitude more confident in AAPL now than I was in 8/2012, I am not going to try to catch a falling knife again. History makes me think it will drop to $90 soon. (History being I have calls with $100 strike.)
Yes and no. It's down because of heavy manipulation and opportunism to depress share prices...why?...so that heavy hitters could sell at a "high" AND then buy it back at the "low". You better believe that big money will buy it right back up (before it hits some ridiculous low, like 90)...sending the stock higher again.
Money is being made both ways.
Rinse and repeat...but not for us small guys.
all we know you could have shorted 1 share. Which is you know, useless.
At least show the profit number
Please try to keep your autism in check. Who even cares what he made or if he actually sold his stake? What's the matter with you?
Money is being made both ways.
Rinse and repeat...but not for us small guys.
Absolute nonsense. Lots of "small guys" have created a lot of wealth for themselves with companies like Apple. Including myself, and many others in this Forum.
If they didn't think of themselves as day-traders or have the attention span of a gnat, that is.
baiting? Is all in fun.
If he was uncomfortable posting a screenshot (which there really is no reason to be afraid as long as you don't show account number) would be fine.
I just see a ton of guys on other sites who say they sold or bought or shorted something AFTER the big move happens.
Beyond a point, no, it's not fun.
Moreover, you really should look at a person's posting history in this Forum. Many of the folks have been here for a while, and frankly, I trust some of them more than I do Facebook or Twitter posts where I supposedly know who's posting.
In fact, in a perverse way, I think people might even be more honest about who they are when they're anonymous, since there is nothing personal involved, by definition.
Brought back my covered calls and bought 10 jan 2016 option calls when the stock was trading at $114 this morning. I will sell covered calls again when the stock gets high enough.
That was a nice opportunity to get in IMHO.
I'm not sure how it would work either. I don't think any company has done it before.
What I'm saying is Apple can give all the shareholders an option to either:
A. Sell their shares at a significant premium or
B. Keep their shares and they would be converted to private shares
IMO, I think the majority would choose to keep their shares (probably about 80%) and get them exchanged for private shares. Thus Apple would not need to raise much money to buy out the shareholders who want to sell their shares. Lets say 20% decide to sell their shares. Then Apple would need:
20% x $650 billion = $130 billion x 30% premium = $169 billion
Again I don't even know if this is possible or legal but I can't see why it would not be.
I'm not much of an expert on private companies, but wouldn't this make it very difficult for the proposed Apple shareholders to sell their stock? Since it would no longer be publicly traded, it seems like it would really reduce liquidity. How do you even sell a private stock? Would you have to post an ad and find a buyer? That could work for really large investors, but seems difficult for smaller holders. Plus, without the same reporting requirements of a publicly traded company, it seems like the price would be even more open to manipulation, misinformation, or just honest lack of information.
It would have been nice if you told all of this BEFORE earnings was released and the stock was down 8%.
It would be more believable.
_________
About crying wolf. Remember when Apple tanked to $55 in 2013? You can read my post history and see I said Apple was a screaming buy.
Why would I have? If a thread never came up about stock being down or the stock stayed level this wouldn't even be a topic. It doesn't matter if you find it believable or not. If your going to be on the net you have to take people at face value.
You made a bunch of money betting on/against Apple? Meh.
You lied about making a bunch of money betting on/against Apple? Meh.
Bragging isn't a particularly attractive trait either.
Hey AAPL investors, how about a little cheese to go with that whine? I knew this stock was going nowhere fast!
" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
I think we reached bottom at $115.50 today.
That was key technical retracement of fib. I hate technical analysis but some many people trade using it you can't ignore it.
I personally prefer investing based on fundamentals, but as has been said many times, the market does what the market does. Whether the large institutions are right or wrong on their decisions, what they do dictates the price action - so by default, their actions are "correct".
I don't know if the fib you are referring to is based on the price action of 1/6/05 -> 7/21/05, but whether it bottoms at 115, goes down to a shorter term fib level ($111) or some other point, AAPL will bottom when price hits the institutional buyers place to accumulate. What drives the stock price isn't the small investor like you or me (<$10 million), but the institutions - and, the technicals are created by their buying habits - they aren't looking at fibs and candle patterns to determine when they buy.
I agree, this drop in price looks manipulated to me as well, but not by news events (e.g, whisper number). Looked more like strategic selling to drive the price down and shakeout short term traders (and some of the weaker investors). Whether my suspicions are correct or not, It didn't take many shares to get the ball rolling letting conditional sell orders (stops) continue the slide.
Whether you like the situation or not, the pullbacks are opportunities to profit. And, allow Apple to accumulate more shares in their buy back program.
Apple is, if not the best run company, is one of the top companies around and will be fine regardless of these perturbations in stock price.
When AAPL started paying dividends again in 2012, the stock price was about $100. per share, now the price is $114. per share here in 2015. Only 14% increase in 3 years. Pathetic.
If you are not willing to hold stocks for 5-10 years you have no business INVESTING in the stock market.
If you allow short-term movements to influence you to sell your shares its time you stop INVESTING. At that point you are TRADING and GAMBLING.
Look at all the most successful investors in history. They were all guys who would buy stocks and hold them for YEARS if not DECADES. The fundemental thesis of Apple is stronger than ever. Only the blind and dishonest cannot admit that Apple has a stranglehold on the most important industry in the world and will continue to dominate it for the next decade.
Re: "Look at all the most successful investors in history. They were all guys who would buy stocks and hold them for YEARS if not DECADES. "
To paraphrase Bill Clinton, that depends on what the meaning of the word "investor" is. To me like you it means mostly making calculated bets to buy and hold fiscal instruments. And the most committed are often "value" investors like Warren Buffett.
I never even buy individual stocks (although I really wanted to buy Apple at $17 back in the '90s - which would have me sitting with about a 4700% paper profit at this point (just calculating in my head roughly), rather a range of mutual funds across various markets to really spread my bet.
OTOH, some of the most successful people in the financial world have been traders who seldom hold any particular instrument for very long.
The difference is that a higher percentage of investors do relatively well in the long run (if they don't do what many do: panic and sell low and then later get greedy when the market's peaking and buy high), while the majority who try trading do poorly (repeating the error I just mentioned except more frequently), and if they try speculating in commodities, over 90% get wiped right out.
However, just pointing out there are various ways for truly disciplined and dedicated folk who do their homework to make money in the markets.
currently at $116 with PE 13.3 that is like AAPL should end soon, for example Microsoft has PE 32, on the other hand IBM just 10.5
If AAPL will come close to $100 i will consider investing again, because it will be good opportunity.
AAPL's PE at 13.3 likely makes it a bargain relative to the market based on many factors. IBM, unfortunately, is likely overvalued even with a good profit report and the much lower PE, because even with Apple's help (one of their best remaining hopes), they're shrinking, shrinking, shrinking....
MS at a PE of 32 indicates a love affair with Nadella and a sense things have taken a big step toward being "fixed" with Win 10... ...which is possible but very much remains to be seen.
So if I were to buy an individual stock out of these three (and Google), I'd pick Apple.