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Caco Laco
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Re: AAPL X Yes, as part of my DD to help this guy with his trade - he is 100% bullish from here - I went back to look at the share price over the last 10 years. I was also looking to see how it may have moved based on the release of new products. Going back to 2009-2011 era, it did do very well, relatively. From a $15-$20 up into the high $30's. But in the more recent years it could be explosive either on earnings or on the MacWorld type events. In 2013 and 2014 (or 12 and 13 I forgot I have my notes elsewhere) it has moved $15 and $20 between May and July. That would be the move based on the MacWorld (I think that is what it is called, I don't follow them at all until now). It has moved up about $15 in the last month already. Whether it peaked here or not, whether a correction is coming or not, I dunno. Shorts have been eaten alive these last many years and the disbelief of some has never translated into any kind of correction. The psychology of hitting a new high in the stock or in the market makes people think it is due to correct. But there is clearly something else going on as well. There is no reason it cannot make new highs for the next year or two or more - if the metrics people used to use don't matter, or if there are other reasons such as too much cash and nowhere to put it. There are issues such as the state pension funds will be in dire straits if the market corrects that make the suspicious and cynical side of me say that the puppetmasters are pushing money into the market. Anyway AAPL has so much cash and as you said the luster is off - the iPhone 7 is kinda a dud and there has been really no innovation on the phone for a long time. AAPL needs to promote a lot, and they need to invest in new categories. I have said on this board they should buy DIS. Anyway there are already some chatter about AAPL going to a $900B market cap. It is at $800B now. That would be apx $174 a share. |
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Msg # | Subject | Author | Recs | Date Posted |
28265 | Re: AAPL X | tnkersdamn | 4 | 5/25/2017 5:46:46 PM |