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| AAPL at 500? | |
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| Tweet Topic Started: Feb 13 2012, 08:37 AM (214 Views) | |
| jon-nyc | Feb 13 2012, 08:37 AM Post #1 |
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Cheers
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Wow. Tempted to short it, but I won't because I don't like to gamble. |
| In my defense, I was left unsupervised. | |
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| ivorythumper | Feb 13 2012, 08:42 AM Post #2 |
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I am so adjective that I verb nouns!
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Is there any reason to think it is really overpriced? |
| The dogma lives loudly within me. | |
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| Klaus | Feb 13 2012, 09:24 AM Post #3 |
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HOLY CARP!!!
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I did short it when it was at $350... Luckily I did not invest a fortune. I do think they are way overpriced, though. |
| Trifonov Fleisher Klaus Sokolov Zimmerman | |
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| Copper | Feb 13 2012, 09:32 AM Post #4 |
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Shortstop
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They are due. They won the race with the iPhone and again with the iPad. But with so much money at stake the competition has caught up - big time. I firmly believe that money makes you stupid. But then again they have so much now they might be able to buy some more time. |
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The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy | |
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| Improviso | Feb 13 2012, 09:53 AM Post #5 |
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HOLY CARP!!!
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I'm all jiggy wid it! Target price is $650-$700.
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Identifying narcissists isn't difficult. Just look for the person who is constantly fishing for compliments and admiration while breaking down over even the slightest bit of criticism. We have the freedom to choose our actions, but we do not get to choose our consequences. | |
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| jon-nyc | Feb 13 2012, 10:01 AM Post #6 |
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Cheers
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When are you going to take some off the table? |
| In my defense, I was left unsupervised. | |
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| Axtremus | Feb 13 2012, 10:02 AM Post #7 |
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HOLY CARP!!!
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If you believe the earnings forecast, the forward P/E ratio is still only about 11 -- not exactly overpriced for a company that's expected to grow earnings by 25% a year. Not to mention it's debt free and has big pile of cash in the bank. |
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| Improviso | Feb 13 2012, 10:15 AM Post #8 |
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HOLY CARP!!!
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Not sure yet. My BIL broker is the definition of an Apple fanboi. He still believes there is upside. At some point I may call him to put a stop loss on it... maybe at $500 or $525. And as much as it pains me, Ax had some very valid points for more upside.
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Identifying narcissists isn't difficult. Just look for the person who is constantly fishing for compliments and admiration while breaking down over even the slightest bit of criticism. We have the freedom to choose our actions, but we do not get to choose our consequences. | |
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| jon-nyc | Feb 13 2012, 10:31 AM Post #9 |
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Cheers
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You know, you can always sell some and not all. I know you bought a long time ago, you could probably recover you initial investment and just play with house money. |
| In my defense, I was left unsupervised. | |
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| Axtremus | Feb 13 2012, 10:39 AM Post #10 |
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HOLY CARP!!!
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Yeah ... President Obama's economic policies are really strengthening American enterprises such as Apple, Inc. and fattening American wallets such as yours. You should be happy that Mr. Obama was elected President of the United States. Five more years!
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| Improviso | Feb 13 2012, 10:40 AM Post #11 |
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HOLY CARP!!!
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Don't be creepy, dude. |
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Identifying narcissists isn't difficult. Just look for the person who is constantly fishing for compliments and admiration while breaking down over even the slightest bit of criticism. We have the freedom to choose our actions, but we do not get to choose our consequences. | |
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| Improviso | Feb 15 2012, 04:04 PM Post #12 |
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HOLY CARP!!!
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Today would have been the day to do it. Up today as high as 526 only to close the day at 497. Almost a $30 swing in one day. It's definately a wild ride. |
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Identifying narcissists isn't difficult. Just look for the person who is constantly fishing for compliments and admiration while breaking down over even the slightest bit of criticism. We have the freedom to choose our actions, but we do not get to choose our consequences. | |
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