My porche fund takes another hit...
Mann if apple hit 605 this week!!!!! Jahhh
On a side note apple n rimm are getting close to the same foward pe
Ok now I feel a little better . Either way I'm OK with losing my investment in the call if that's what ends up happening.
I hope we'll see a bottom any day now. I agree we could drop to 530, but here and any point below is cheap if you are looking long term. I am shifting my AAPL strategy from short to long term to decrease risks. I'm very bullish, but TA seems to be showing it is not a good time to be long right now.
are you still in?
Im thinking about selling and walking away from apple. Its not the company I thought it was. Maybe I should get into something safer like AMZN with a p/e of nearly 200 and a share price nearly the same as the p/e. At least amzn had good earnings and the stock didnt crash.
This is unreal, Apple is nearly at the price it was PRE EARNINGS.. WTF is going on? Its almost as if apple had bad earnings. I dont even want 700 give me 600 so i can walk away from this turd
I didnt think aapl would do a nflx or a rimm but apparently i was mistaken. At this rate I expect to see 500 within 2 weeks and mid 400s before the pain stops. By that time many longs will have been forced out like me.
Fundamentials dont matter anymore I guess? Maybe they never did. The thing that scares me is that apple can pretty much crash to 0. A stock is only worth what someone else is willing to pay for it and X number of shares of worthless paper wont mean jack.. Its like zimbabwae money you could have 100 million of it and not even be able to buy a pack of gum.
You mean IF it hits 600.
maybe in a few months apple will hit 600 again.
we may have seen the high for the rest of the year. The multi year rally is over it seems.
If i sold apple before I was always buying back more expensive, this time i held on and apple falls like a rock. The house always wins in the stock market casino.