I was about to buy 20k of Solar City this morning, but I couldn't, I already had three day trades within 5 days, it wouldn't allow me to trade because to be considered a pattern day trader you need at least 25k. So I am watching the stock this morning, and over like 2 hours to stock goes from 8 to 12 bucks...lol..I am still pissed..missed on easy money Need to crack that 25k soon...
Well, at least they still got all that cash on their books. That should be comforting to longs, as they lose their own with AAPL continuing its way to $300. We will not see $700 again within 10 years. It will be one of the deadest investments of the next decade, just as CSCO and MSFT were before it. The past couple of "most valuable company in the world".
were you the guy that was saying apple was doomed the day Jobs died? if you are not sure how much i would take what your saying to be fact.
yes sir just as i thought. the day you bestowed your sage advice (the day steve jobs resigned 8/24/2011) the stock was at $350, it proceeded to double to $700 13 months later. no offense but
Apple on the down and out is probably correct based upon its struggles in market share and slowing global presence. I've had good info for some time about its difficulties in Asia, where they had to tighten margins severely. It's not so much that they are lacking innovation (laugh) or not doing what they used to, it's just that the other players are learning or playing the game just as effectively now (GOOG, MSFT, AMZN). Apple is trying to stay relevant with some key litigations and forcing Android to pay royalties on device, as they are already doing to HTC. Another reason why they are capitalist assholes (along with MSFT) and why I try to choose Google and Amazon when I can.
Yes, because Google and Amazon aren't capitalist assholes. Amazon patented the idea of buying something with one click. They filed a patent infringement lawsuit against Barnes & Noble and forced them to change their system to require two clicks and licensed the "technology" to Apple for their iTunes store. http://en.wikipedia.org/wiki/1-Click If you think any of these companies are better than the other, that's simply your own bias rather than anything based in reality.
I did very well with my long position on the bounce. I was wrong about 505 being the low and I think it continues to be pressured by capital gains related selling until we hit Jan 1 or a fiscal cliff deal is reached. I had 475 pop into my head as an arbitrary price that it will drop to. BTW I hope you are actually short rather than talking crap and doing your usual armchair trader routine.
Perhaps, but I still think Google/Amazon are much more corporate ethical than Microsoft/Apple. The methodology and degree of how the latter two will go to gain an upper hand is still vastly different than the former two.
lol google highly ethical and microsoft low are 2 wrong statements. in comparison, even worse. msft's reputation has grown over the last 10 years to be the most socially responsible company in the world...that doesn't really happen with an ethically irresponsible company
Yes, I did say something to that effect. And no, you should never take anything anyone says about the stock market as fact. Its all BS. Only thing that matters is how much you can capitalize on it when your BS hits, and how much money you can save from losing when your BS misses. Welcome to the stock market.
Covered my puts today. I had been covering the Dec puts on the way down and covered my last 200 today. I had added in 125 Jan 45.5 puts a few days ago for 1.85 which I covered as well. a bit of a long shot trade, but i just bought some RGR 35.5 puts that expire friday. the chart looks like crap and i'm getting them at an average of 15 cents.
I'm starting to feel I should sell almost everything but a few dividend earners and hold cash until mid-2013. S&P 500 composite earnings seem to have peaked since the recession. I sometimes get the feeling that Ben Bernanke is a lot like John Law - the Federal Reserve is the Banque Generale and the US stock markets are the Mississippi Company. It's a lesson learned in life.
do you guys think appl will bounce back after the Q1 earnings? People have to be buying ipads for christmas right?
