MrHanky Posted March 28, 2012 Report Share Posted March 28, 2012 Dippers still feel the need to get long "the winners" for the quarter end statements. Link to comment Share on other sites More sharing options...
MrHanky Posted March 28, 2012 Author Report Share Posted March 28, 2012 Another record for AAPL,gotta buy those winners.As always dippers pile in for the guaranteed afternoon rampjob du Jour. Link to comment Share on other sites More sharing options...
DrStool Posted March 28, 2012 Report Share Posted March 28, 2012 They essentially only have 2 products,when those 2 are not the latest Atari,WII,Walkman or Polaroid anymore it will be 10 times more ugly to the downside. Might be a long wait,but 2 products are resposible for MOST of the profits.For now they seem unstoppable. What about their content delivery. They control a lot of media at $1 a pop. Also, the PE ratio is only around 17, I believe. http://finance.yahoo.com/q?s=AAPL I just don't think it's worth thinking about shorting this at least until it hits the top of the channel. Fibos or otherwise. This company has the smartest guys in the room. It is extremely profitable, and I don't see the institutional love affair ending any time soon. So why bother. There are other fish to fry that will make a lot more in percentage terms with a lot less upside risk when the time comes. Link to comment Share on other sites More sharing options...
Bungster Posted March 28, 2012 Report Share Posted March 28, 2012 So how is Goldman treating its clients these days..... Link to comment Share on other sites More sharing options...
MrHanky Posted March 28, 2012 Author Report Share Posted March 28, 2012 What about their content delivery. They control a lot of media at $1 a pop. Also, the PE ratio is only around 17, I believe. http://finance.yahoo.com/q?s=AAPL I just don't think it's worth thinking about shorting this at least until it hits the top of the channel. Fibos or otherwise. This company has the smartest guys in the room. It is extremely profitable, and I don't see the institutional love affair ending any time soon. So why bother. There are other fish to fry that will make a lot more in percentage terms with a lot less upside risk when the time comes. Agreed... But the reasons why it's going up is: 1.Traders buying what "works' 2.Douchebags chasing performance 2.it's More than 20% of the QQQ,so market makers always bid it to Paint the tape. 3.it easily moves markets with it's huge market cap 4.it's a cult stock 5."fundamentals" In that order Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 28, 2012 Report Share Posted March 28, 2012 What about their content delivery. They control a lot of media at $1 a pop. Also, the PE ratio is only around 17, I believe. http://finance.yahoo.com/q?s=AAPL I just don't think it's worth thinking about shorting this at least until it hits the top of the channel. Fibos or otherwise. This company has the smartest guys in the room. It is extremely profitable, and I don't see the institutional love affair ending any time soon. So why bother. There are other fish to fry that will make a lot more in percentage terms with a lot less upside risk when the time comes. The front month options are real nice for scalpers. Link to comment Share on other sites More sharing options...
DrStool Posted March 28, 2012 Report Share Posted March 28, 2012 I guess that can work on the 10 minute bar charts. I don't do options though. Link to comment Share on other sites More sharing options...
zero_value Posted March 28, 2012 Report Share Posted March 28, 2012 What about their content delivery. They control a lot of media at $1 a pop. Also, the PE ratio is only around 17, I believe. http://finance.yahoo.com/q?s=AAPL I just don't think it's worth thinking about shorting this at least until it hits the top of the channel. Fibos or otherwise. This company has the smartest guys in the room. It is extremely profitable, and I don't see the institutional love affair ending any time soon. So why bother. There are other fish to fry that will make a lot more in percentage terms with a lot less upside risk when the time comes. Options either way can be profitable. As an observation, this is common stock we are talking about here and as far as the company business, its a very competitive deflationary space they play in with other companies who are every bit as big and have a much longer track record (see Intel, and IBM). As far as direct competitors HPQ, Dell, RIMM and Google, Apple is currently carrying a market cap of more than EVERY direct competitor in the space. As far as earnings just a minor slip and Apple has a forward PE of over 100 or more. As it trades now it has a trailing PE (GAAP adjusted of coarse) of $27 a share divided into the $615 gets you to 22. But who the heck cares about fundamentals because non of this crap is trading on fundamentals. It sure the heck ain't trading on yield (1% and dropping). The parabola move up is obviously liquidity and when the table is all in then what? Link to comment Share on other sites More sharing options...
zero_value Posted March 28, 2012 Report Share Posted March 28, 2012 Options either way can be profitable. As an observation, this is common stock we are talking about here and as far as the company business, its a very competitive deflationary space they play in with other companies who are every bit as big and have a much longer track record (see Intel, and IBM). As far as direct competitors HPQ, Dell, RIMM and Google, Apple is currently carrying a market cap of more than EVERY direct competitor in the space. As far as earnings just a minor slip and Apple has a forward PE of over 100 or more. As it trades now it has a trailing PE (GAAP adjusted of coarse) of $27 a share divided into the $615 gets you to 22. But who the heck cares about fundamentals because non of this crap is trading on fundamentals. It sure the heck ain't trading on yield (1% and dropping). The parabola move up is obviously liquidity and when the table is all in then what? EVERY direct competitor COMBINED! Link to comment Share on other sites More sharing options...
DrStool Posted March 28, 2012 Report Share Posted March 28, 2012 Distortions In House of Mirror Economy Lee Adler and Russ Winter discuss how the boom bust cycle in natural gas ties in with the strong cyclical uptrend in durable goods, and why all will collapse when the Fed is forced to stop propping. The question is when. This is a subscriber only podcast. If you are not a subscriber, click here to access the most recent free podcast posted on Monday, March 5. Link to comment Share on other sites More sharing options...
rdkyote Posted March 28, 2012 Report Share Posted March 28, 2012 Chicolonblow is a stock i have been watching lately-- since the beginning of the year this latest move up looks 100% computer driven to me. Volume has been pathetic-- just looks like the bid has been consistently lifted every day. I imagine there is quite the air pocket under this one if you can time it right. If we can just undercut one of those daily candles then maybe LOB. Link to comment Share on other sites More sharing options...
rdkyote Posted March 28, 2012 Report Share Posted March 28, 2012 Also looking at NQ about 2835 as a possible short entry, although i'd expect it to blow through that top rail, perhaps up to 2850 before selling off. Mean reversion trade... That's how i'm playing it FWIW. Link to comment Share on other sites More sharing options...
MrHanky Posted March 28, 2012 Author Report Share Posted March 28, 2012 Ok,the world must be coming to an end,something is just not right.... I got offered 2 "threesomes" in one week.....Really?????? The second one an hour ago in Sam's club Gotta love vegas Link to comment Share on other sites More sharing options...
DrStool Posted March 28, 2012 Report Share Posted March 28, 2012 Ok,the world must be coming to an end,something is just not right.... I got offered 2 "threesomes" in one week.....Really?????? The second one an hour ago in Sam's club Gotta love vegas I guess it depends on who the other 2 are, and what your/their orientation is. Link to comment Share on other sites More sharing options...
DrStool Posted March 29, 2012 Report Share Posted March 29, 2012 My article just went up on ZH. I will not engage the rabble there this time. Totally pointless. Link to comment Share on other sites More sharing options...
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