Please tell us more about microlending.

lendingclub.com
prosper.com

Are you really so silly as to ask this?

Here is a good way to get screwed out of your money.

Just remember that the micro lending stuff is not FDIC insured. If the company goes belly up, even without your debtor going sour, you may be out of your money. As always, I'd diversify and not put more in than you can stand to lose.

G

I'm pretty comfortable that the position I've established over the past couple of months will be "just fine" a few years from now...down approx. 12% currently. I did reread the first few pages of this thread...now irrational exuberance has done the proverbial 180 :)...

Hit $385 yesterday.

I think I'll buy again when it hits $350, that'll drive my average cost way down.

I wonder if this is irrational disuberance at work.

I think you're saying what I'm saying about the public not really reading all about a company before selling off. In this case with Apple, the market has proven with an almost 50% selloff since September that the confidence is simply not there in the pipeline product line, though Apple's financials (over $40 billion in cash) prove otherwise.

I just nibbled a bit more off the Apple in order to drive the price down for McLovin's new target. Been averaging in since 450>...Get you some more McL, then make it stop :D

;)

..

The market analysts are overlooking a massive amount of evidence in order to ride the bandwagon down on AAPL.

Things I look for include share of revenue and net revenue by sector, revenue trend vs. market trend, online activity by operating system, share of market in music and apps, and most telling, the secondary market for Apple products.

Looking at all of those factors (all available with a little effort), it's just not logical to bet against Apple as a growth company. Granted, with Apple selling most of its products in 80+ countries, the unit and revenue numbers are no longer distorted by opening new geographical markets. But I believe Cook & co. are better at understanding price elasticity than Jobs was. So watch for some price point adjustments this year that will bring big volume results.

AAPL Beats the street, up 20 pts in after market trading. How much will hold?? :D

Since I didn't buy this week, most of it should hold!

I thought about it when it was $390, I didn't buy but that was mostly because I was too busy and didn't think about it too much.

I'm actually not really worried about what I bought. I think I'm average cost in about $520 or so. I'll just keep holding it, I think it'll come back.

It may take a while to reach its $720 (or so) high again, but $520 I'm not too worried about.

$1,000 here we come!

I guess I'll have to bite off some more to drive my average down.

I'm averaged at $375, so this has all been somewhat entertaining, but not threatening. I'm predicting a big hit tomorrow, though. I feel there are a lot of unsophisticated investors in AAPL who may have gotten in way under $300 who will bail. The question would be: what percentage of the shares are held by institutions?

This time around, I'm in at 437 (avg) and don't have a clue which way it moves today. I thought the qtr was pretty impressive but all the headlines lead with "Apple huge loss" or something similar :D. After market/premarket is probably moot as institutions own 64%...I won't be watching today :p

Techweenie....
 

regarding the 100B cash return to investors..... I would rather have seen Tim Cook buy Sprint or Netflix or Dish or ALL three, maybe it would be too complicated? They would have OWNED the living room. Of course I don't know what they're going to come out with. WWDC is supposed to have a new IOS, IO X:) Still love the stock...maybe I'm looking at it wrong:confused:

I don't think DISH would have sold to them...Maybe Direct TV.

Apple has fallen into the "everyone likes to bash" category. Even when they meet the street expectations they get hammered.