^^^^Exactly. This is just panic. WAY oversold here and wouldn't be a bad bet to get back in as soon as the dust settles and the volatility drops a bit. Everyone knew he was sick.
Ive been playing this downside on his health since $180.
Now its time to look past Steve Jobs.
Once this initial shock is done, Ill play the contrarian, this is close to short term buy op.
Precisely, let the stock bottom out with all those that are still riding the Steve train and then enter long. I realize Jobs has a huge following, but that doesn't mean that Apple is going to die without him. The stock will take a beating in the short term, but looking past that, innovation has gotten them to where they are today.
Precisely, let the stock bottom out with all those that are still riding the Steve train and then enter long. I realize Jobs has a huge following, but that doesn't mean that Apple is going to die without him. The stock will take a beating in the short term, but looking past that, innovation has gotten them to where they are today.
dont catch the knife yet . wait for steve jobs stuff to play out and the rest of the sellers wash out then go in heavy. Weekly chart from aristoentertainment analysis fellas. Been playing this one for a while got killed for not buying options alittle further out the money. But now im stabbing this one tommorow lol with my 2 put options. Bought the feb 80X puts. Damn i wished i dumped 10k into this. LOL THERE I GO AGAIN THHINKING OF GOING ALL IN. THAT COULD KILL YOU !!! LOL
WOW where is the bottom to this stock now???? I cant belive this stock ...its dropping so fast in afterhours. I'll be bankrupt buy the time I get off work. Well I'll just have to hold this stock for a few years now since I am all cashed/margined out to double down for a while. When do you guys think this stock will go above 90 again? I bought the stock at $92 for long hold, but obviously that turned out to be a huge mistake.
WOW where is the bottom to this stock now???? I cant belive this stock ...its dropping so fast in afterhours. I'll be bankrupt buy the time I get off work. Well I'll just have to hold this stock for a few years now since I am all cashed/margined out to double down for a while. When do you guys think this stock will go above 90 again? I bought the stock at $92 for long hold, but obviously that turned out to be a huge mistake.
There's always the option of selling at a loss and re-entering at a lower price. Hard to really say where the bottom will be given the Steve Job news...
With steve jobs being an asset to the company analyst will just adjust the model and discount their cashflows ect. with him probobly not in it anymore and then come up with a new price. around the 70s.
WOW where is the bottom to this stock now???? I cant belive this stock ...its dropping so fast in afterhours. I'll be bankrupt buy the time I get off work. Well I'll just have to hold this stock for a few years now since I am all cashed/margined out to double down for a while. When do you guys think this stock will go above 90 again? I bought the stock at $92 for long hold, but obviously that turned out to be a huge mistake.
The big bottom would be in the 50's, where the big Elliott cycle begun. I don't think she may go lower than that, unless unlikely financial losses.
I posted on this forum before about stop losses. But I had already purchased the stock by then./ Do you guys think it would be wise to take a 4K hit and reenter this stock at a lower price? do we ever see this stock hitting above 90 if Jobs dies? Very confused... This would be the biggest loss I would have to take.