aaarrrgggh

It really seems hard to believe an end of year move-in date, unless more than half of the campus is in a "shell" state.  That wouldn't be all that unreasonable, but I would expect occupancy to be more spread out than construction suggests...

My guess looking at the video would be more like April move-in at the earliest.

jonl said:
Cramer was also saying "Own it, don't trade it" back in 2012. That year, it went from like $380 to $640 to $520 to $705 before beginning its 9 month journey back to $380, and it took another 18 months or so to claw back to the 2012 high. Now it's sitting around $640 again and is poised to go lower.

I think you are over-simplifying.  The stock is down, but the reality is that this situation has been priced in for years; why do you think their PE is so bad?!

We are now in a period where it is obvious AAPL should not dominate your portfolio.  I would love for the buy backs to stop and to focus on a 5% dividend, so I can look at it like the income stock it is.

The other thing to think about is what COMPANY is a better investment than Apple.  There are many stocks, but when the bubble bursts AMZN has a lot farther to fall.

tele1234 said

Why don't you go join in with the rest of the Apple investors and buy up to $130, then short it all the way back to 90? It's a great stock to ride that train with and you make profit both ways.

I swear to god that's all wall street is doing.

There is truth... And good profit... In the strategy.  Apple scares me as a company to bet against, much like Google or Amazon though.  Next week will be telling after the options expiration.  Personally not willing to bet any more in either direction; things see too irrational.