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.

At the moment, AAPL is weathering the day pretty well. This is a classic example of 'sell on the rumor buy on the news.'

I think the company is positioned well if they go through with the rumored low cost iPhone and super TV. The phone will sell well as the market model moves from subsidized phone prices to owned phones and plan shopping. The TV -- potentially a 4K TV -- will not need to sell in large numbers as it will be aimed at the 98th percentile. But Apple can then bring the (presumed interface and selection) features down to lower priced sets.

a lot of talk over what this WWDC logo means...
http://forums.pelicanparts.com/uploa...1366823132.jpg

Long time speculation about iPads coming in various colors like iPods. Yawn.

Ah, I thought iTv with applications....I like mine better Tech, HAHA

I like yours better, too!

Apple is moving into the cloud (which is where Amazon gets a lot of its revenue) - but then so is everyone else...

Because I strategically did NOT buy a few weeks ago at $380, AAPL has risen nicely, up to $461.

thx for helping me make a nice profit

iTunes is selling its 50 billionth app any day now.

About to drop below $400...any guesses on how low it will go??

It was below $400 earlier in the week.

I keep buying more when its this low, but it never seems to gather any momentum above $450 or so. I am sad.

Seems no matter what they do it goes lower. I think if it got back to $450 I'd be gone. It's strange that some days the market is up and AAPL is down, other days it's just the opposite.:(

From Apple's earnings call:

"Now, as we move ahead into the June quarter, I’d like to review our outlook, which includes the types of forward-looking information that Nancy referred to at the beginning of the call. We expect revenues to be between $33.5 billion and $35.5 billion compared to $35 billion in the year ago quarter. We expect gross margin to be between 36% and 37% reflecting approximately $90 million related to stock-based compensation expense. We expect OpEx to be between $3.85 billion and $3.95 billion including about $500 million related to stock-based compensation. We expect OI&E to be about $300 million and we expect the tax rate to be about 26%."

And an observation from a random commenter on money.cnn:

"I'd like to add one more thing, as to why Apple continues to be sold-off, even as the general market settles and ocassionally moves up.

The question is, who exactly is doing all the selling?

When the whole market sells off, obviously Apple gets hit along with everything else.

But.. one would think that Apple's massive stock buy-back would be able to counter the downward pressure better than it has.

Generally, Apple's stock price moves on news. Either Apple related news, or general market news.

I believe Apple is suffering from an orchestrated take-down by the HFT algos, during a seasonably slow Apple news-cycle.

How else do we explain Apple stock going down when the market goes down AND when the market goes up, with no new bad Apple news?

Apple is being held hostage by the HFTs."

----------------------------
Dow up 13.X% YTD AAPL down 20% YTD

Definitely an odd situation. thinking about buying...

Who knew Harbor Freight Tools had such clout?

Seriously, though, what a marvelous way to placed the blame for your pet company's performance: Blame other shareholders. :rolleyes:

I still contend that AAPL has grown past the point of having any "mojo". Every large tech company in existence has hit a ceiling, and apparently the AAPL brass is just unwilling to admit this.

It doesn't matter what MSFT, INTC, CSCO, DELL, IBM, etc. come up (or out) with. Their stocks are dead.

just looked at some analyst info yesterday and they predict $1,040 to $1,400+ in 3-5 years - yes, I bought some at $400

Does he receive fees for doing banking work for Apple?

The analysts can be all over the map. Verizon is possibly coming into Canada and two of the big players stock dropped almost 10%. Buy on the sell is what I did. Only the long term will tell if it paid off for me.

Sorry, but you can hardly compare Microsoft and IBM with Apple.