[FairfieldLife] Re: About time to short AAPL??
--- In FairfieldLife@yahoogroups.com, cardemaister wrote: > > > > --- In FairfieldLife@yahoogroups.com, cardemaister wrote: > > > > > > http://www.businessinsider.com/asset-bubbles-2012-4?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Money%20Game%20Select&utm_campaign=MoneyGame%20Select%202012-04-25#apple-7 > > > > AAPL > > April 25: ~ $610 > > May 17: ~ $538 > As I already pointed out, Apple bounces up and down quite a bit. Apple lost 7% one day and gained 10% the next, recently. Trying to make money by shorting a stock with that much volatility is very dangerous. http://stocks.about.com/od/advancedtrading/a/shortsell110804.htm
[FairfieldLife] Re: About time to short AAPL??
--- In FairfieldLife@yahoogroups.com, cardemaister wrote: > > > http://www.businessinsider.com/asset-bubbles-2012-4?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Money%20Game%20Select&utm_campaign=MoneyGame%20Select%202012-04-25#apple-7 > AAPL April 25: ~ $610 May 17: ~ $538
[FairfieldLife] Re: About time to short AAPL??
--- In FairfieldLife@yahoogroups.com, "sparaig" wrote: > > > > --- In FairfieldLife@yahoogroups.com, cardemaister wrote: > > > > > > http://www.businessinsider.com/asset-bubbles-2012-4?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Money%20Game%20Select&utm_campaign=MoneyGame%20Select%202012-04-25#apple-7 > > > > Apple dropped 10% the past few days, and then shot up 7.7% in after-hour > trading when it was announced that their quarterly profits were $9 billion > (nearly 33%) more than expected and were 50% higher than the record profits > from last year at this time. > > There will be plenty of opportunities for day traders to make money off of > APple's volatility, but most analysts are starting to agree with the extreme > position taken a few months ago: by today's standards for stock price, Apple > is well on its way to be the first trillion dollar company. > > So, unless you are really good at day trading, I wouldn't short Apple right > now. > > > L > I suck as a day trader. Only once I've done "Buffets" and bought quite a lot of a severely mispriced company, spring -09: http://www.kauppalehti.fi/5/i/porssi/porssikurssit/osake/index.jsp?klid=1074&days=1185&graafi=true&startdate=26.01.2009&enddate=25.01.2011&comp_index=&relative=&comp_stoid=&vaihto=&mov_avg=
[FairfieldLife] Re: About time to short AAPL??
--- In FairfieldLife@yahoogroups.com, "Alex Stanley" wrote: > > > > --- In FairfieldLife@yahoogroups.com, cardemaister wrote: > > > > > > http://www.businessinsider.com/asset-bubbles-2012-4?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Money%20Game%20Select&utm_campaign=MoneyGame%20Select%202012-04-25#apple-7 > > > > Short AAPL? Good luck with that. Buncha dumbasses in the options market bet > against it yesterday, and the stock is up more than 50 points in after hours > trading. And calling it a bubble? C'mon, the stock has a ridiculously sane > P/E of 16! The time to short AAPL is when the company starts to resemble > Nokia, and judging by AAPL's latest earnings report, they're not quite there > yet. > Yeah, that's probably true. At least there are lots of e.g. Chinese still drooling over iPhone and iPad?
[FairfieldLife] Re: About time to short AAPL??
--- In FairfieldLife@yahoogroups.com, cardemaister wrote: > > > http://www.businessinsider.com/asset-bubbles-2012-4?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Money%20Game%20Select&utm_campaign=MoneyGame%20Select%202012-04-25#apple-7 > Short AAPL? Good luck with that. Buncha dumbasses in the options market bet against it yesterday, and the stock is up more than 50 points in after hours trading. And calling it a bubble? C'mon, the stock has a ridiculously sane P/E of 16! The time to short AAPL is when the company starts to resemble Nokia, and judging by AAPL's latest earnings report, they're not quite there yet.
[FairfieldLife] Re: About time to short AAPL??
--- In FairfieldLife@yahoogroups.com, cardemaister wrote: > > > http://www.businessinsider.com/asset-bubbles-2012-4?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Money%20Game%20Select&utm_campaign=MoneyGame%20Select%202012-04-25#apple-7 > Apple dropped 10% the past few days, and then shot up 7.7% in after-hour trading when it was announced that their quarterly profits were $9 billion (nearly 33%) more than expected and were 50% higher than the record profits from last year at this time. There will be plenty of opportunities for day traders to make money off of APple's volatility, but most analysts are starting to agree with the extreme position taken a few months ago: by today's standards for stock price, Apple is well on its way to be the first trillion dollar company. So, unless you are really good at day trading, I wouldn't short Apple right now. L
