or Connect
Styleforum › Forums › Culture › Business, Careers & Education › Talking stocks, trading, and investing in general
New Posts  All Forums:Forum Nav:

Talking stocks, trading, and investing in general - Page 208

post #3106 of 6082
Greenfrog, not to pile onto your bad day, but I think I asked you in October why you own the stock if you hate the management.
post #3107 of 6082
Quote:
Originally Posted by GreenFrog View Post

Quote:
Originally Posted by Piobaire View Post

What did you buy in 1999? Pokemon?

Nothing -- my parents bought me everything, including pokemon (blue and red, bitches), a gameboy color, and most of all, candy.

Life was simple back then redface.gif

Today, I look at pictures of graphs, numbers, percentages, and the colors red and green and that shit either makes me incredibly happy or incredibly sad.

Today is a case of the latter, as has been the case for the past four MOTHERFUCKING TIM COOK months.

What about RIMM?

I'm at 110%
post #3108 of 6082
Quote:
Originally Posted by CalTex View Post

What about RIMM?

I'm at 110%

if you are trading (not investing) and doubled your money, take at least half off the table.

Bought GBX today at 18.50 and bought some more CLF at 36.76, same price I paid the first tranche. If it drops down to 30-32 before earnings, I'd probably buy another 25% of my position. still holding onto HLF.
post #3109 of 6082

late comeback for organovo today.. shares rising faster than a 12 year old's dick.. rumored pfizer buyout.. 

 

apple is taking it in the nuts!

post #3110 of 6082
Quote:
Originally Posted by huskyzealot View Post

+1 ... bought at $460

I grabbed some at 462.
Quote:
Originally Posted by Cantabrigian View Post

I'm fairly certain it would be more volatile.

My comment is from the perspective of this specific stock. AAPL trades at a sick low PE of 10-11. Its way undervalued and I think its share price is holding it back. From this perspective its downswings are pretty severe and from my read of the market small time investors are scared of that number and sell quicker as a result. Its illogical, granted, but I know from guys who trade it that the price scares them. It spooks me too. With a split it would trade a lot more shares, but I think also be less scary to many investors and as a result let its price settle at a more reasonable PE. Let it take swings from 17 or 20 PE, but at least it would be priced better.
Edited by idfnl - 1/24/13 at 4:03pm
post #3111 of 6082
Quote:
Originally Posted by SkinnyGoomba View Post

Greenfrog, not to pile onto your bad day, but I think I asked you in October why you own the stock if you hate the management.

I only hate Tim Cook.

And I only hate how he's managed to fuck up his control over the supply chain for virtually every single new product launch this year. For someone who's touted to be a supply chain master, the woeful supply issues that plagued the iPhone 5, the new iMacs, and the iPad minis are just laughably infuriating.

I said this earlier: the lack of innovation? Sucks, but he was never a visionary like Jobs. But supply chain issues? WTF MAN.
post #3112 of 6082
Quote:
Originally Posted by idfnl View Post

I grabbed some at 462.
My comment is from the perspective of this specific stock. AAPL trades at a sick low PE of 10-11. Its way undervalued and I think its share price is holding it back. From this perspective its downswings are pretty severe and from my read of the market small time investors are scared of that number and sell quicker as a result. Its illogical, granted, but I know from guys who trade it that the price scares them. It spooks me too. With a split it would trade a lot more shares, but I think also be less scary to many investors and as a result let its price settle at a more reasonable PE. Let it take swings from 17 or 20 PE, but at least it would be priced better.

Apple is the most heavily watched stock in the world and with it comes a lot of inexperienced investors who can't handle their emotions and dump the stock at the slightest hint of bad news.

I also think that the share price is very daunting for many investors and a lower share price would do wonders in attracting new investors (i.e. higher share price).

The dividend that AAPL yields is laughable and the fucking godly amount of cash they have sitting? GIVE IT BACK TO SHAREHOLDERS. They have so much damn cash already, and at the rate that they're increasing their cash, they can literally afford to give back tens of billions of dollars for years and years to come. What are they doing with it now? Investing in money market funds and getting 2 bps? laugh.gif

Once you go public, your number 1 goal is to deliver shareholder value. Tim Cook is DESTROYING share holder value by fucking up in the skill he's supposed to be the very best at. Ridiculous.

At this point, I'm around 33% down on AAPL. I have to hold on to it for even longer and I was hoping this earnings release would be my golden ticket to finally sell my shitty shares. NOT ANYMORE.
post #3113 of 6082
Quote:
Originally Posted by GreenFrog View Post


I only hate Tim Cook.

And I only hate how he's managed to fuck up his control over the supply chain for virtually every single new product launch this year. For someone who's touted to be a supply chain master, the woeful supply issues that plagued the iPhone 5, the new iMacs, and the iPad minis are just laughably infuriating.

I said this earlier: the lack of innovation? Sucks, but he was never a visionary like Jobs. But supply chain issues? WTF MAN.

 

+9000

 

Let Tim Cook be COO and have someone else take the mantle.

post #3114 of 6082
Netflix--still doing the humpty hump
post #3115 of 6082
I can see netflix going mid 200s. Remember all the speculation before they changed their sales model?
post #3116 of 6082
IANAT, but buying a stock like Apple on a big dip, in a long rally in an overbought market doesn't sound like a great trade.
post #3117 of 6082
Quote:
Originally Posted by itsstillmatt View Post

IANAT, but buying a stock like Apple on a big dip, in a long rally in an overbought market doesn't sound like a great trade.

I guess I was wrong...I could have sworn you were a T
post #3118 of 6082

More HLF drama.

post #3119 of 6082
Quote:
Originally Posted by otc View Post

I guess I was wrong...I could have sworn you were a T

I consider myself an I.
post #3120 of 6082
Quote:
Originally Posted by idfnl View Post

My comment is from the perspective of this specific stock. AAPL trades at a sick low PE of 10-11. Its way undervalued and I think its share price is holding it back. From this perspective its downswings are pretty severe and from my read of the market small time investors are scared of that number and sell quicker as a result. Its illogical, granted, but I know from guys who trade it that the price scares them. It spooks me too. With a split it would trade a lot more shares, but I think also be less scary to many investors and as a result let its price settle at a more reasonable PE. Let it take swings from 17 or 20 PE, but at least it would be priced better.

My point was that a split would likely increase retail participation. Those are the guys who plow in and run for the exits. And sometimes they don't have a choice if they're heavily levered.

The easiler you make it for those guys to participate, the more volatile it will be.

Part of the problem is that it is such a large chunk of THE index that people index to. So it's almost like indexers are short gamma - they have to buy when it rises and sell when it falls.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Business, Careers & Education
Styleforum › Forums › Culture › Business, Careers & Education › Talking stocks, trading, and investing in general