paul turner

clemynx said:

SpamSandwich said:

Having a little firsthand knowledge of the depths of corruption at work in China, I may be one of the few here who views this entanglement with a politically-connected Chinese business with skepticism. In my experience, foreign money invested in unaccountable Chinese companies tends to suddenly vanish with little recourse. I see Tim's reliance on China for Apple growth as riskier and riskier. What happens when Trump becomes president and opens up a full on trade war with China? The odds that Apple will be punished increase severely.

Trade war? Americans wanted free market and now you have it. You can't complain now !

Really did America want a free market?

Hmm really I wonder, 
Is there any such thing as a free market?
it wasn't Americans that wanted a free market , the super rich owners did 

anantksundaram said:

paul turner said:

Your statement tells me more about your judgmental and rather typically fashionable "bash fund managers" calling them "rats"  attitude .

Yep, sure. Check out his genius investment in Terraform Power. 

And, no one called anyone 'rats.' Don't make up stupid, random stuff. 

Here

anantksundaram said:

What a ridiculous, not to mention badly late, overreaction. From supposedly smart people whom the public thinks know better. 

There hasn't been, and probably won't be, a buy-and-hold opportunity like this in a while. If my portfolio weren't already overweighted with AAPL, I'd be loading up. Giving me a 2.5% dividend yield while holding (80 basis points better than the yield on a 10-year US government bond). 

You don't know what they bought them at. Sometimes its better to cut one's losses and move on to stock that have better potential. So "they" may be more "smart" than you realize. Your statement tells me more about your judgmental and rather typically fashionable "bash fund managers" calling them "rats"  attitude .


So if the stock goes to 80 and that fund manager buys in again there and it trades back up to 90 where they sell and make a 10% profit, you are the one who will look stupid, won't you?

 Until we see what happens over the summer no one really knows . Its way to early to make judgments.

rob53 said:

Just a bunch of rats jumping ship. 

Making money is about having no emotion in what one is trading. There is no such thing as loyalty if you want to make money on stocks in the short to medium term, otherwise you will get slaughtered. 

gmgravytrain said:

Hedge funds always dump losers, so I suppose it's not that unusual for them to be dumping Apple. Instead, they'll be buying Amazon, Tesla, Alphabet, Facebook, Microsoft, etc. It's not easy for a CEO to ruin a company unless he's trying to do it deliberately. Tim Cook has really soured most of the big investors. Think of how many shares Apple can buy back for $75 a share. It will be interesting to see how many since that's where Apple appears to be headed. I suppose it was inevitable Apple becoming a second-rate investment after joining the Dow. The Dow curse must be in full effect at this point. No investors will be buying Apple unless they surely want to lose their money. I still can't understand how Apple's management missed the signs of a fully saturated smartphone market. It seemed so obvious to practically everyone else.

I dumped the remaining shares I owned at $107, and have been making good premium selling naked calls all the way down! I love Apple I have made so much money on this recent collapse. Its going to be a long summer for Apple and I'm guessing the stock will go to 80. In any event, I'll follow the key traders and just follow the trend which ever way it goes. It's generally easier to make money by following that momentum. I won't sell any puts until the stock has consolidated and then sell the volatility as it bounces up. I would think it might rally towards the IP7 release and by selling ITM PUTS sell even more of the vol. Even if they get PUT to me , I'll simply sell covered calls on those and make even more profit. I don't give damn about predicting iPhone sales or arguing with people on here about , what will or will not be the new design, what matters to me is that the stock moves   and that there is  a good amount of volatility to make some quick profits as it rolls up and down between support and resistance. 

If that were to  happen they will make money from the whiners who waited too long to sell and capitulate at the bottom. The smart guys are the ones who sell when pivot points are breached because their experience tells them there is more risk than reward at those points the whiners probably know very little about how to trade like these "smart" guys and vent their frustration in the wrong direction. 


Such is the MO of losers/victims - all they do is whine about everything as they get wiped out.