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Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. idfnl

    idfnl Well-Known Member

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    I hear you, and tend to agree. I want that participation. The stock price is too low and it would trade at a better level if it split 5 or 10 to 1. If it split down to $50 I think it would easily level out at 70 and then fuck it, at that level let it swing 10 bucks either way. I'm up 200% anyway. The problem is at 500 people do this :eek: and its price stays artificially depressed.
     
    Last edited: Jan 25, 2013
  2. Pennglock

    Pennglock Well-Known Member

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    Mar 20, 2006
    Im sitting around trying to break my Apple model with all kinds of overly conservative assumptions... cannot get to a share price under $500.

    Am I supposed to believe their operating margin is going to drop by half over the next 5 years?
     
  3. imolazhp_ci

    imolazhp_ci Well-Known Member

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    numbers don't tell the whole story.
     
  4. idfnl

    idfnl Well-Known Member

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    Ya, its fucking nuts. Even if they flat like for a few quarters they have 137 B in CASH.





    So, what are numbers hiding?
     
  5. thezolt

    thezolt Member

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    Sorry to hijack the Apple discussion but I wanted to bring up a company that I don't think has ever been discussed on here - Novo Nordisk. They basically own the international diabetes market (especially China) and with the world getting fatter and more prone to contracting the disease, they are a great growth story. The stock trades at a bit of a high multiple (25x) but has had excellent historical performance.

    As it comes to AAPL, I think that their success is dependent on the other players more than themselves barring a brand new product (i.e. something as revolutionary as the iPad) being released. Pair trades may make the bank here.
     
  6. stevent

    stevent Well-Known Member

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    Was a big fan a few months ago, still a solid stock imo
     
  7. GreenFrog

    GreenFrog Well-Known Member

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    Spent some time pondering about the implications of Apple without Jobs, and I'm actually less fervent now on the belief that Apple may be screwed without him in terms of product innovation. He was wrong about smartphone screen sizes. He was wrong about the iPad mini, saying that small tablets wouldn't be popular -- it's Apple's most popular iPad.

    Where he was excellent and better than Tim Cook in every which way were his charisma and ability to CUT FUCKING DEALS with other companies and executives. He just had that oomph that made him a persuasive motherfucker and got shit done. An Apple TV is definitely in the works. Let's face it. It is. What they're stalling at, though, is making deals with media companies for content. Jobs was able to make iTunes the most successful online music store because he was also able to convince media labels and artists to sell their shit on the platform on a massive fucking scale. I truly believe he would have been able to make much, much more progress with TV network executives than Cook or whichever executive that is currently the negotiator for Apple.

    You guys have seen the Apple key notes, right? Tim Cook fucking sucks in terms of charm or personality. No one loves him.

    Thank god Jony Ive is still at Apple.
     
    Last edited: Jan 26, 2013
  8. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    Princeton, NJ
    

    I own some big Pharma, but at todays prices I'm not sure I'm a buyer for additional shares of any of the Pharma stocks I own. The dividend for Novo nordisk is pretty small by comparison to the industry, and it's trading at 27x earnings....little pricey IMO.

    GreenFrog,

    Anyone who took the job was doomed to live in a shadow.
     
    Last edited: Jan 26, 2013
  9. TiberiasUSA

    TiberiasUSA Well-Known Member

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    Yeah 1% dividend and at all time highs, are a bit risky for for me
     
  10. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    BAC seems to be pricing in alot of potential for a raise in the dividend. I'm curious to see if that gets approved considering their litigation risk.
     
  11. thezolt

    thezolt Member

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    The company still owns the international portion of a huge growth story (NVO). I've put a stop loss on in any case but I like the free money (up like 2% per day....)
     
  12. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    I don't think it's a bad company, just on the pricey side for my interest.
     
  13. RedLeg

    RedLeg Well-Known Member

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    San Francisco
    I dumped my shares at $10.45. Sold off a bit too early but I booked a nice 55% gain on last year's taxes. I think we will see a bit of a pull back in financials over the next month or so.

    A few points on the Apple front:

    A major chunk of that cash is held overseas, so to pay it out to shareholders they would have to repatriate it. If you are in the stock for the long-term, better to wait and hope for a repatriation holiday while they continue to pay out domestic cash.

    On fundamentals, Apple certainly is cheap. The question is how far the momentum will carry it down before value investors can't resist it anymore.
     
  14. TiberiasUSA

    TiberiasUSA Well-Known Member

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    haha me too, sold at 10:40 =\ missed the run up to 12
     
  15. idfnl

    idfnl Well-Known Member

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    Wow, did you see the PBS Frontline show 'The Untouchables' about Wall St executives and banks? Its fraud and whistle blowers around every corner all setting up civil suits. Countrwide had finger prints everywhere.



    I cant see it much lower than 440 at a bottom.



    I bought at 5, I'm going to let it roll for a while. Litigation is a risk, but $5 is a pretty safe floor.
     
  16. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    Jan 3, 2008
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    I am in BAC for the long haul, since I don't think they will be priced well until they've raised their dividend to normal levels and either payed out on or avoided their largest litigation risks.

    However my cost is much lower than today's price.
     
  17. idfnl

    idfnl Well-Known Member

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    What are you in at?
     
  18. SkinnyGoomba

    SkinnyGoomba Well-Known Member

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    Not sure I need to disclose that for this discussion. Decent day out of the market today.
     
  19. seeldoger47

    seeldoger47 Well-Known Member

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    Going long government bonds/short the market seems to be the easy contrarian play.
     
  20. seeldoger47

    seeldoger47 Well-Known Member

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    That question is like asking someone how much they make.
     

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