|
|||||||
| 11-07-2012, 08:22 AM | |
|
|
|
For all those hung up on P/E's, just remember that as the stock drops in nominal value the P/E will rise making the company look "overvalued."
If $550 doesn't hold and acceleration really picks up, then it would be nice to see the original trendline support from 2009. Short float still under 2%. No one has really freaked, just a nice controlled bleed out. |
|
Downside waterfall acceleration commence. This could get ugly. Hope you wore your Depends...
|
|
Interesting piece on Insider Monkey about APPL.
Jeff Gundlach, CEO of Doubleline Capital, thinks that AAPL might even be overbought - he projects the stock going as low as $425 next year. http://www.insidermonk |
|
|
|
|
Last edited by rrc06; 11-08-2012 at 06:13 PM.. Reason: Automerged Doublepost |
||
|
$425 is below the lower support trendline that held for 3 years. Not into calling bottoms, but $460 is more likely. Investors would have to hit the panic button in order to get there from here, though.
![]() And AAPL is no MSFT. MSFT has essentially gone nowhere for a decade. Apples to oranges. Even still, AAPL has been cut in half at least three times in it's lifespan so $300 range is not unfeasible. |
|
|
|
|
I'm waiting for the weekly stochastics on the NDQ to bottom and start to rise above 20.
|
|
|
Probably has something to do with this: http://blogs.barrons.c |
|
|
|
||
|
Anybody who is thinking about buying aapl should read reggie middleton's research. aapl is losing market share to android, and their profit margins are getting smaller and smaller. Furthermore, after suing Samsung, who is their only supplier for chips, Samsung went and hiked the price of their chips by 20%. It was in the news yesterday. Apple has nowhere else to buy the chips from (they looked), so they are stuck paying more. They are already facing declining margins before this.
AAPL is not a buy here. Their biggest mistake was suing samsung about rounded corners and swipe to unlock. They only won because the court case was held in silicon valley and they love apple there. They are now starting to be seen by the public as a bully corporation instead of the underdog. They are starting to miss earning expectations, three in a row recently. http://boombustblog.co |
| Thread Tools | Search this Thread |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Rate My Stock Portfolio | SP33DFR34K | Finance | 17 | 05-29-2012 12:51 PM |
| Apple stock only $350 in after hours trading | mustardayonnais | Finance | 77 | 03-30-2012 07:11 AM |