McLovin, just when I've nearly forgotten that I own AAPL, you keep resurrecting this damn thread, and I have to repeat the whole cycle of therapy and meds all over again.

Stockdoc here: Take two RIMMs and call me in the morning :).

ps: I keed...don't need to listen to ANYTHING I say...just a feeble attempt at humor.

Wow, AAPL at 483 this morning.

My plan a few weeks ago was to buy a final tranche if it hit 490.

Now I think I'm going to hold off for 460.

IMO, anything under $550 is a deal unless you are trying to get in and out in the short term.

Seems like a very good deal now, but I would hold off for the bottom. Its still sliding. No sense getting in now.

Maybe, but in the past, I've lost a fair amount of money trying to hit the very top or the very bottom of a trend...

Edited.

Just to keep things in perspective...it's been a good "year" for AAPL too...still up approx. 25% from one year ago.

Down 33 pts now in aftermarket trading, looks like a buying opportunity for somebody.

down $50 now.... and who says the market isn't irrational. They set a quarterly revenue record of $54B, set a quarterly profit record of $13B, they have no long term debt and now have $137B in cash. What a disappointing quarter and with their typically low-balled forecast for Q2 no wonder everyone is dumping them :rolleyes:.

Guess it's time to load up even more than I already have over the last few weeks.

It's just crazy.

"disappointing"? maybe not... but supportive of the stock price, not really.

'Splain to me again how the stock market isn't simply institutionalized gambling?

I think what we are seeing here is a no-faith call on Tim Cook. Perhaps thinking Apple could continue on as a star without Steve Jobs was wishful thinking. I know that I have always had the thought in the back of my mind that Apple will never be the same again. That insane magic, passion and vision is probably now missing from the company.

There's blood in the water. Tomorrow is gonna be UGLY.

Hold me, motion.

It's really hard to have faith with those numbers and dismal outlook. I mean they will likely fold in the next year or two....

Realistically, they'd be better off with a really bad quarter or two followed by a big turn around. That would boost the stock and make everyone happy.

Because that is what logical/rational folks would expect...it will go the other way. It's really not much different than sports gambling in that regard, fade the public :)

The "correction" was not gambling, nor an indictment of Tim Cook or Apple imo. Apple was a "bubble" that began it's irrational expansion last year around this timeframe. Still a great company to own, but the "exhuberant party" is over. The large company/system/number effect in play from here on out...YMMV.

I'll cover my short today.

I need a drink, or 6.

How low can it go?

$350?

I posted this in the other Apple thread, but Woz is a visionary also. Not as driven as Jobs but would bring some bit of normalcy to Apple. I think if Apple could get him back in a position where he is the publics contact with Apple then the future for the company would be set. Just .02 cents worth.

To be honest, Woz is pretty "out there" these days. Good guy, but I don't think anyone takes him seriously these days.

Woz is not a visionary. He's a jokester. Without the other Steve, he would have been at HP until one of the downsizing rounds caught him.

Can Apple thrive without Jobs? Maybe; maybe not. There should be a 3+ year pipeline of projects to work through. Then we'll see the real effect of the management matrix.

Remember, Steve set up Apple for a future without him through a series of deliberate steps. Ultimately, Jony Ive and Tim Cook and others will bring products to market... and we'll see.

They should probably put Sir Jony in charge, at least as the figurehead. I think Tim looks too conservative for the Apple image.

It's a broken stock. It is down 36% while the total market is up 15%.

I am going to wait a couple of weeks and determine just how much damage the AAPL holders can stomach. Value investors will get very interested with any more massive selling.

One last second kick in the gut to close out the trading week!

AAPL: ‘Flash Dump’ Closes Stock at $439.88, Says ZeroHedge - Tech Trader Daily - Barrons.com

Thank goodness for the weekend.

OK guys...I'm back into AAPL for a small stake (30 shares)...giddyup :D

OK, what the heck. I just bought another 10 at $450.

Now I'm in at $550, $510 and $450.

Buy high, sell low?

I think you're doing it wrong:D

Listening to a financial program, the adviser was saying it was heading to $600. However I will not be buying any. So therefore it will be volatile and likely eventually go to $600.:):)

I would not bet my house on it. Diversification is key here.

In for 10 more...taking some more profits (off the table) and being "learned" by RS :D! I'm done...we'll see where it is "on down the line"...I'm not a "trader" by a long shot. Would like to some more of that "cash on hand" restributed in dividends too! Good luck all!

OK, I so I lied :D....so 10 more, done, and this time I mean it!

This was my father's strategy until he hired someone to manage things for him. :eek:

AAPL's making a run!

How high will it go? LOL FML

Saw an analyst on NBR last night saying there is a target price of 888.00 in the next 12 months.

I was calling for $889. I don't know where some of these people get their numbers.

I just farted and it sounded like 888.40...it's quite possible that my dumb ass doesn't really have a clue though...might just be "gas"...YMMV :D