View Single Post
      05-20-2012, 12:58 PM   #906
Lieutenant Colonel

Drives: 2010 E92 335i 6MT
Join Date: Aug 2009
Location: US

iTrader: (0)

Originally Posted by EvosM3 View Post
I've lost so much money with AAPL. I'm trying my hardest with AAPL and SPY puts to lower my losses but no avail. Any ideas as to what will happen next week? More bloodshed?
I'm long AAPL too...just stay patient and buy more if you have the stomach.

I agree they need some hype to boost excitement again (although their last earnings report says the stock needs no hype), but they are trading at 7 times forward earnings minus cash.

It's frustrating to see the best tech company in the world struggle and trade so cheaply, especially after the monster quarter. They had a perfect quarter, have zero debt, $100+ billion in cash, and will start paying a dividend. Yet companies like FB are valued at $100b with $3.7b in sales? LNKD? It's a joke, but makes me feel people are doubting AAPL's ability to keep momentum with such large numbers. This may be true, but I believe AAPL has another leg up before it starts to decline for good. We just haven't seen any evidence in the numbers that they are slowing down, but AAPL is having to "prove" it every quarter. That's not the best thing for a stock. I think right now AAPL is being manipulated to shake out the weak hands.

Also, the iPhone 5 is going to be a beast. Mark it down.