Buy the Dips!
AAPL - Apple Inc - Page 624
I manage investment accounts that have AAPL in them. These are long term investment accounts that are long only and I don't touch them because.... well they are investment accounts, not trading accounts. I play options in my personal trading account and for the last few weeks all of my AAPL plays have been puts and shorting calls which has brought me a some great returns, especially last friday when I called out my short AAPL call spread play in the chat room here at HSM which netted me a nice $2000.
But so, this is why I clearly said long in my long term account and short in my trading account. If you are questioning why I don't sell AAPL and then short it in my long term account and why I am buying puts in my trading account then you obviously don't understand the difference between investing and trading. In this case, the logic will come to you with time and some more learning, but since I am an unassuming person I will just leave it at you were unaware of this situation about the accounts I manage and I did not make it clear enough that it was an investing account vs me playing puts in my personal trading account.
If you believe that I do not understand you that is fine. This is a public board and I have already corrected the inaccuracies in your posts for the viewers here that may have been confused by your FUD. I have already stated multiple time that I agree with you for the most part, but unfortunately your posts are misleading. This is not a pumper board, but I will treat your posts as such and I will not hesitate to correct inaccurate information. It's not just you so please do not take this as a personal attack. You may have noticed the post above where I explained about iPads in public high schools.
Regardless, have a good day.
Lol just read this. Good day to you too :D, Im an investor and I've been buying apple for the past 2.5 years going on 3. Im not "pumping it up" as you say, just optimistic on the stock, plenty of cash, low P/E, great earnings growth, wide economic moat. Just very happy to see that I was right in my prediction when it was at $280 when I started buying it. Despite the doom gloom euro crisis/"recession" on CNBC blowing all the hysteria out of proportion, I was merely stating the facts of my research in order to help others. You still didn't answer my question on why you "short" instead of buying options. I am genuinly curious, although I am no high and mighty "hedge fund manager" like yourself, I thought the use of options were more effective for many reasons. If you could please clarify :D.
PS why can't we all make $hit loads of money off Apple :D, good day investing, I don't trade :)
Yes you posted facts, but you also posted false assumptions that do the opposite of helping others. I did not deny the facts that you posted. In fact, I have repeatedly stated that I agree with you on multiple points however I just wanted to clarify a few incorrect statements made on your behalf. Also, I already stated that I short via options in my personal trading account but when it comes down to it, shorting is sometimes much easier with a scaled up account size. I'm sure you understand the inherent risk of buying $100,000 worth of options. However just to clarify even further, probably 3/4 of trades in my personal account are options trades and probably half of those trades are selling spreads.
Congratulations on your net gain of $3000. Must be exciting for you.