How high can Apple go? As high as possible because there are no limitations to the skill-set that Tim Cook brings to the table.
Some stocks dropped today and it was looking dicey for a brief moment, or two; but at the end of the day (literally), the market won again. Granted, precious metals are sloppier than pig-shit and munis, treasuries and corporate bonds are knifing lower, as the dollar increases; but no one gives a fuck. All of these dislocations point to a sea-change in the matrix, a flight to cash, if I might be sold bold.
Have a look at EIM and LQD for reference.
I am holding onto my sanity by a thread. I have big, huffy and puffy, watchlists, at my disposal, awaiting my coin. Instead, I sold out of ALJ (dog!) and added to my VXX tits because I am a glutton for pain.
At the close of trade, I am up 14.5% for the year, 75% cash, down 10.2% on my VXX tits holdings.
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“I want you to like it here Danny” “I want to live here for ever.. and ever… and ever.”
Jack Torrance
aaple mania is here.
still cheap at 14pe
Meanwhile the other big A stock, Amazon, keeps getting horsewhipped.
I don’t have the balls to trade either of them.
Please lemme know when you sell that vxx I wanna buy some from you 35% lower from here
Better men than you have bet and lost against me.
tits forever………………bigun’s
Would that be as in south Georgia big’uns?
a friend of mine was fined by the EPA, because he disposed of old fluorecent light fixtures in a dumpster. they said they contain pcb’s. isnt that the same stuff in angle dust?
CFCs, not PCB.
‘A’ Game Señor
Actually, old flourescent light fixtures might contain PBCs (polychlorinated biphenyls,like dioxins) in their ballasts – which could have long-term toxicity. PCP (phencyclidine) is the compound known on the street as “angel dust”. CFCs(chlorofluorocarbons) are highly regulated aerosols known to deplete the ozone layer. Just trying to help, ovah heah.
I can’t even get my own “A” game on – I meant to say PCBs, not PBCs.
That’s called PCP (Phencyclidine, but that’s way beyond you).
no shit, asshole.
750?
Especially if the iTV is as much of a game changer as the iphone was.
That TV could very well takeover the TV industry.
Instead of being long AAPL and short RIMM.
The new “de-rigeur” hedge fund trade might be
long APPL and short SNE, SHARP or some other TV manufacturer.
Apple TV sounds like a computer… inside of a monitor… with internet access. At what point does Apple’s cannibalization of its own product lines factor into the share price? Never?
Jobs never gave a fuck about cannibalizing his own products and felt that is a sure way to kill innovation and fall behind the curve.
He figured someone would do it anyway, might as well be him.
I agree.
Not saying it’s going to damage the business model, but every time I read a Twitter stream with something to the tune of “just imagine, an iPad, Mac Mini, iPod, iPhone, AND Apple TV in the hands of every consumer”… well, I begin to think that folks are getting ahead of themselves. Obviously he didn’t give a damn, as the iPod was devoured by the iPhone, and rightfully so. I just don’t buy the argument that every other product line will remain profoundly robust in the face of Apple entering TV set land and the grand race toward zero margin exhibited by that sector.
The new iPad 3 isn’t all that fantasitic.
Yes, it’s got a better display, a little extra RAM, and 4G, and few extra pixels in the cam.
I am not trading out of my iPad2.
I guess we shall see.
This market is like a new years eve party that never ends.
Ther shall be a massive hangover, soon enough.
Just look to the sun, it is acting very bizarre as of late:
http://www.youtube.com/watch?v=BQ7VbZYsKDk&feature=plcp&context=C47fa87eVDvjVQa1PpcFPlDPvLQM6OOSieL-sownkqBkz-_-uZK9c%3D
Could the mother of all solar storms be about to get ejected via a fiery plasma ball of death towards earth?
He wasn’t a pussy.
You are 100% correct.
It will be a computer inside of TV.
(Although really nicely designed, crazily flat, with a remote that works really well.)
My estimation is really an “idiots fundamental estimation.”
I do believe the following though.
The future of the TV is full interaction.
Web access for programming and being able to easily run a browser and upload videos and photos.
As well as use all kinds of apps and play games.
The “casual” user will love this.
(family’s, kids etc..)
Imagine asking your TV to order you a pizza as all of your contacts are inside of it.
I do not think the other television manufactures will be able to keep up.
As apple owns the operating system. (wich took decades to develop.)
Any company that claims they will be able to do this without the help of microsoft or google is kidding themselves IMHO.
Developing a robust operating system is not “easy” and a matter of “building it” by “hiring developers” and “throwing cash at it.”
AAPL has done it and done it really well.
The operating system in all AAPL products is based on the NEXT operating system. It basically evolved over the last 30 years.
But my “price target” is really based on idiocy.
I just see the iTV as quite possibly changing the entire television market and dominating it.
PS:
AAPL’s laptops and desktops will still be sold..to people who use them for “work” instead of entertainment.
The price could very well come down on these…resulting in some cannibalization.
That’s just it: their enterprise business, while certainly more robust than in years past, is still not generating the traction necessary to convert large swaths of office space into Apple-land. Sure plenty of home users will still purchase their machines for “business”, along with a crowd of die-hards, but if price comes down on those, margins likely will as well, and we all know that Apple’s playing the ROE game, not the commodity manufacturer game (unless we stick them with a 9-10 multiple). Will they marginalize their computer business to put a TV in 1/3 homes in America? Would that lead to drastically higher profits or marginally higher ones? Not knocking Apple at all; love the company and even appreciate the valuation (and wishing I had bought in this January), but I’m not seeing the march to $1-trillion that James Altucher’s been raving about for the last two years… at least not in the near future.
Then again, what do I know? I missed the move from $400.
Not in disagreement with you on that one, though I think there may be a bit more competition in the wings than people are estimating, and much of that competition is likely willing to sell at a loss just to keep Apple from dominating the market (although that didn’t work so well for Amazon… no surprise). Will they succeed? Eh… without Steve’s readiness to fire entire development teams at a moment’s notice, who’s to say? Obviously the problem plaguing the set industry has been an ongoing price war, and with Apple’s historic penchant for (and clear ability to obtain) fat margins, one has to wonder if their cult factor will be enough to substantiate a price point far exceeding that of the competition. Now if they could get cable/internet providers to subsidize the product on the consumer end… well, that would change the game entirely. Great points, though.
that was gay
I know Apple is cheap but its still a little scarey that all the old retirees are putting all their money in it. Everyone is jumping in – is this a top??
Where do you get that from? Have proof?
Apple will be somewhere between non-existent and down 75% from here in
five to ten years.
Its the AOL of the 2010’s.
Now that’s a load of bullshit. It can, however, collapse under poor leadership again.
lol
earthquake warning for March 22, 2012
http://www.youtube.com/watch?v=JJiLKUoPdaA&feature=related
i have a boat, dry food, and tin foil hat,check.
Goldman Suck’s clients are Muppets and deserve to be ripped off! Astonishing!http://www.theglobeandmail.com/report-on-business/top-business-stories/the-great-muppet-caper-goldman-sachs-insider-greg-smith-slams-firm/article2369476/
Classic “New” FLY also like Thaler.. Demanding the markets heed you.. you are still on the wrong side of the trade pal.
Here are a few legs up… BOIL WPT XLF yea I know big run.. still early.. RNF now I am exhausted and tending to fish tacos and more wine. Bye PAL
and oh yeah pouring yet more vino and forgot SLF
send picture, please.
more on lesbian appreciation week, dutch countries r promoting put a finger in a dike week. i here there r many dikes holland
new trade, hint libor,,,some woman go for many hours, im lookin at 2 yrs
Waiting on this AAPL breakout since 2010. I mean how wrong could the street and everyone who did not appreciate or use their products be?? Back out the cash of $100 which will be $150 by December. You get company worth $500 ps with a EPS of $45-50 over the next calendar year, WHICH IS 60% growth. ON my DDM, just plugging in a 15% 5 year growth rate using TRAILING earnings gives a price target of 715! ANY and all AAPLE naysayers do not appreciate or use their awesome products. My IPH4 is the FINEST piece of tech I have ever owned and I am SALIVATING at the mouth for the next gen phone to arrive along with 300 million others and growing fast on planet earth. China Mobile has 650 million subscribers!! Thats larger than the US. They are the next domino to fall and get iPhone/iPad. ITV will be a game changer, I want one and so will enough people around the world to add some 10-15 billion in revenue for 2013. Rumors are flying of a late year Macbook Air TOUCH!!! with keyboard and screen that will be an UPGRADE from the most elitist iPad users I am sure. The mobile revolution is here and the leader is just being anointed. Now go and stare at your android phone some more and stay confused PLEASE about what’s driving APPLE. I know very few people long the stock. I love me some options though!! Fly get on board with a pullback or do you just not get it??
hey, did ya see divy funds buyin in today? just sayin, maybe they know somethin.
Oh yeah its NOT different this time, The sheeple in Wallstreet wirehouses are just figuring all of this out that smart early AAPL investors figured out 5 years ago or more. They are in a panic as their crappy mutual funds loaded with RIMM/GOOG/NOK/MSFT are getting left in the dust. I am out with a full set of short calls against my long April/June/Jan calls starting at 600 and then be fully prepared for a large pullback when the dividend is announced in the next 30 days. Almost put the hedges on today until I realized how strong volume was!
Rigged Game please tell me what you are long and short so I can do the opposite. You don’t have a clue. Apple will settle in as a solid trillion dollar company one day much like MSFT lives today. You would have to enslave me to make me want to deal with Windoze or any other smart phone os. Yes its that much better and yes they are that far ahead with iOS. MSFT went to 500 billion with terrible Windoze 98. In a mobile world with third world explosive uptake iOS is a moon shot compared to the terrible POS windoze 98. my money is on iOS the software and its recurring revenue model.
wow,,,lol look for 540. then up up and away
wide u have a good look! momo well for now
People who think AAPL will be $1000 don’t understand economics.
u have no consept of P/E, or mo-mo.
Concept*
A game
sorry
i spell like shit, but i can build a house, a highrise,a family, but most of all i can see bullshit a mile away.
you realize you spooked it when you wrote “I win a lot”..so red eye is THE fucking stupidest show on TV .along with the Geico pig, please kick mr arrogance himself guttfeld into another universe. thanks!
speaking of the Geico pig, has anyone else noticed the uncanny resemblance he bears to Warren Buffet? My God! It IS Warren Buffet!
Has anyone else noticed how much adertising Geico does on CNBC when Warren shows up for some Becky action?
Off your knees bitch!
can u tell me how much aapl has in cash? can u tell me there sales figs? what is there mkt share? then i will listen
‘their’ you fucking idiot.
im a 40.5% + up idoit fuck face, whats in your wallet?
strunk and white, genius
Why I Am Leaving Goldman Sachs
http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?_r=2&hp
i have the greatest art collection in the world. it was done by young artist before there fame. i look at them daily. better than picasso, rembrant, red skeltion, there things my kids did. there posted on my refrigerator for public viewing daily
are you from kansas or the south?
lol. my b from chicago,l how ya doin. u want a fresh one.
they’re…. fuck me
what a excellent title
Just curious, does Jake still follow gold and silver stocks?
u fuckin jerk offs, here how it goes, ya look at a company, do they make money? its that simple. ok if they dont make money what is it that is so kool that u will pay to wait? whats in it for me? look at LNG 5 yrs ago. nuf said im thru wit u…
I do like LNG.
plus im 40% for da year, shut your fuckin mouth. unless u could do better.,the management
knowing whats gonna happen is kool but knowin when is the key to profit,
i make no profit in telling u wrong. im not here to infuence your trade, i was lookin for ideas, not followers. im sorry i dont have a 2 hour attention span, give me trade ideas. not just cause u think, but because u know. otherwise u just sheep. waiting for someone else ta tell ya what 2 do. dont tell me to buy because u say. i have to know why,
the best way to make money is to help others to make money,,,,
Did you get into the medicine cabinet tonight?
yes.obama care is workin, u dolt
Fly..who was the brain who called Apple at $1000 and got pissed on CNBC? What do you think it can go to?
Hey what in the fuck is going on here….calm down son and speak in complete sentences….we are amongst gentlemen here.
good call huggie, the thing is ya come here ta make money, i tell jokes to lighten up, but get chastised. ideas with out explanation.suck. ie;the world will end ,,,,,because i say so?
dont piss on my leg n tell me its rainin,im just tryin to make a livin. n help u out 2, look at my trades , open n transparent,
Millions will buy whatever Apple puts on the market just on belief. They will continue to do so until the Apple stuff really sucks compared to the competition. For now, the Apple stuff is really good. Maybe overpriced, but really good stuff. So people will buy it and Apple will soar.
u get it
Hey fly didn’t sell VXX the other day ?
I bought more
Cool man
Razorsedge is a fucking mess.
Traders are preferring AAPL to NQ … say it trends better. Loving the DMX. He’s a ruff ryder but also a gentle dog lover.
If VXX goes much lower it may be headed for a reverse stock split!
In 2010 Faggy AAPL was hitting its 161% fibo level at 278ish and I said it should die, yet we QEed the WORLD and that thing ran up to the next fibo level, the 261% at 401ish. I went OMG, DIE. Then ECB Flooded the world with even more cash and it is hitting its 423% level at 600…yet, now the central banks are backing off…cue Death Music, one more time. I hate AAPL. BTW LA Times ran article about how the Scalpers in China are going under cuz AAPL finally flooded the place with product.
just think.. if you, apple hater, shorted apple you would not be able to buy your adorable children all those cool apple products and they’d be bullied and embarassed at school for being the only uncool non apple-ettes and they’d hate you the rest of their lives for causing them to overeat from the stress of being uncool and you? you’d end up with two fat kids spending thousands in therapy cuz you, cheapskate, suck as a mom. Cheers!
Not sure it’s a good idea to hate anything… or anyone, but the only thing truly good about Apple is its stock performance. If the competition was anything other than clueless, disorganized and moronic (witness the latest NOK product releases, campaigns etc), then Jobs’ death would have been a reasonable time to go short. Can anyone point to products that go head to head with Apple and have a chance of competing (on features and technology) plus a chance of being marketed “properly” (not a Samsung, “prior to launch we’ve got to settle all the suits” type campaign)?
Are people going to “cash” with TLT and LQD trading down, while JNK stays flat?
JNK had a bit of strong support yesterday at 39.65ish…give it time too. For AAPL, I saw what it did in 2007 with all the same believers.
you realize you spooked it when you wrote “I win a lot”..so red eye is THE fucking stupidest show on TV .along with the Geico pig, please kick mr arrogance himself guttfeld into another universe. thanks!
Leading indicators this morning are positive, New York Empire manufacturing index rises to 20.21 vs. estimate of 17.50, jobless claims 350,000 vs. estimate of 357,000.