Bub-bye AAPL

[Fiat Facade]

Finally broke down below $500. The thrill is gone away...

AAPL CHART

[Mac]

wow its 487 atm .

[Fiat Facade]

Always liked that song.

AAPL breaking down and the rest of the market seems to be ignoring it. Hmmm.

IMO, all the AAPL hopiem is what helped the market get out of the March 2009 hole.

Trillions of taxpayer bailout dollars thrown at major banks didn't hurt either :-)

[joerobo]

2 words: Reggie Middleton

Called this one a while ago.

[Fiat Facade]

(01-17-2013 02:55 AM)joerobo Wrote:  2 words: Reggie Middleton

Called this one a while ago.

So did I. It was only a matter of time.

It will probably hover around the $500 area for a while before the waterfall drop.

[italianlad69]

Bump because of spam brigade!

[joelb79]

http://data.cnbc.com/quotes/aapl

460? -10.42% or so in after hours. Bye bye apple hipsters!

[Fiat Facade]

AAPL missed on earnings today. It's currently down to $460 (-10.3%) in after-hours trading - ouch. I predict AAPL will be a $100 stock sometime this year.

I also believe the stock market is in a top-out process and is about to begin it's trip downward. The S&P made it to 1496 today... unreal.

If someone would have told me in March 2009 the S&P would be a hair away from 1500 in Jan 2013, I would have laughed in their face, but here we are.

[JPMsecretagent]

(01-23-2013 07:45 PM)Fiat Facade Wrote:  AAPL missed on earnings today. It's currently down to $460 (-10.3%) in after-hours trading - ouch. I predict AAPL will be a $100 stock sometime this year.

I also believe the stock market is in a top-out process and is about to begin it's trip downward. The S&P made it to 1496 today... unreal.

If someone would have told me in March 2009 the S&P would be a hair away from 1500 in Jan 2013, I would have laughed in their face, but here we are.

..................................

I agree, the S&P could be topping. I see little reason for a break-out above the 2000 and 2007 highs other than no place else to put money/inflation? S&P could trade in this upper range for several months before making a clear move.

AAPL - unless we have a major market crash, I don't see earnings going back to 2009 levels justifying the $100 stock price this year. Quarterly - 2013- $13.81 and revenue of $54.5 Billion vs $1.78 - and revenue of $10.17 Billion in 2009

I think many are just jealous because great coin was made on Apple over the past 3 years, while silver made 1 nice prolonged move. Doomer hopes were dashed! lol

2009-2013, Date to date Silver is up around 110-20% Apple is up almost 500% after the hit. The world didn't fall apart like many have anticipated and Apple makes useful real products. Silver on the other hand, is a defensive play that just sits. Little doubt that silver could see $100 at some point.

..............................................

CUPERTINO, California—January 21, 2009—Apple® today announced financial results for its fiscal 2009 first quarter ended December 27, 2008. The Company posted record revenue of $10.17 billion and record net quarterly profit of $1.61 billion, or $1.78 per diluted share. These results compare to revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share, in the year-ago quarter. Gross margin was 34.7 percent, equal to the year-ago quarter. International sales accounted for 46 percent of the quarter’s revenue.

http://www.apple.com/pr/library/2009/01/...sults.html

CUPERTINO, California—January 23, 2013—Apple® today announced financial results for its 13-week fiscal 2013 first quarter ended December 29, 2012. The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.81 per diluted share. These results compare to revenue of $46.3 billion and net profit of $13.1 billion, or $13.87 per diluted share, in the 14-week year-ago quarter. Gross margin was 38.6 percent compared to 44.7 percent in the year-ago quarter. International sales accounted for 61 percent of the quarter’s revenue.

Average weekly revenue was $4.2 billion in the quarter compared to $3.3 billion in the year-ago quarter.

http://www.apple.com/pr/library/2013/01/...sults.html

[Fiat Facade]

(01-24-2013 10:17 PM)JPMsecretagent Wrote:  

(01-23-2013 07:45 PM)Fiat Facade Wrote:  AAPL missed on earnings today. It's currently down to $460 (-10.3%) in after-hours trading - ouch. I predict AAPL will be a $100 stock sometime this year.

I also believe the stock market is in a top-out process and is about to begin it's trip downward. The S&P made it to 1496 today... unreal.

If someone would have told me in March 2009 the S&P would be a hair away from 1500 in Jan 2013, I would have laughed in their face, but here we are.

..................................

I agree, the S&P could be topping. I see little reason for a break-out above the 2000 and 2007 highs other than no place else to put money/inflation? S&P could trade in this upper range for several months before making a clear move.

AAPL - unless we have a major market crash, I don't see earnings going back to 2009 levels justifying the $100 stock price this year. Quarterly - 2013- $13.81 and revenue of $54.5 Billion vs $1.78 - and revenue of $10.17 Billion in 2009

I think many are just jealous because great coin was made on Apple over the past 3 years, while silver made 1 nice prolonged move. Doomer hopes were dashed! lol

2009-2013, Date to date Silver is up around 110-20% Apple is up almost 500% after the hit. The world didn't fall apart like many have anticipated and Apple makes useful real products. Silver on the other hand, is a defensive play that just sits. Little doubt that silver could see $100 at some point.

..............................................

CUPERTINO, California—January 21, 2009—Apple® today announced financial results for its fiscal 2009 first quarter ended December 27, 2008. The Company posted record revenue of $10.17 billion and record net quarterly profit of $1.61 billion, or $1.78 per diluted share. These results compare to revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share, in the year-ago quarter. Gross margin was 34.7 percent, equal to the year-ago quarter. International sales accounted for 46 percent of the quarter’s revenue.

http://www.apple.com/pr/library/2009/01/...sults.html

CUPERTINO, California—January 23, 2013—Apple® today announced financial results for its 13-week fiscal 2013 first quarter ended December 29, 2012. The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.81 per diluted share. These results compare to revenue of $46.3 billion and net profit of $13.1 billion, or $13.87 per diluted share, in the 14-week year-ago quarter. Gross margin was 38.6 percent compared to 44.7 percent in the year-ago quarter. International sales accounted for 61 percent of the quarter’s revenue.

Average weekly revenue was $4.2 billion in the quarter compared to $3.3 billion in the year-ago quarter.

http://www.apple.com/pr/library/2013/01/...sults.html

I'm not a fundementals guy, I simply call 'em as I see 'em. AAPL has gone way too far, way too fast. Yes, they make useful products, but there is no innovation at Apple anymore. When Jobs died, so did the innovation.

Samsung is already eating their lunch. When AAPL sued Samsung for patent infringement, that showed their desperation. It was the red flag that AAPL's best days are behind them.

[Fiat Facade]

(01-24-2013 10:17 PM)JPMsecretagent Wrote:  I think many are just jealous because great coin was made on Apple over the past 3 years, while silver made 1 nice prolonged move. Doomer hopes were dashed! lol

2009-2013, Date to date Silver is up around 110-20% Apple is up almost 500% after the hit. The world didn't fall apart like many have anticipated and Apple makes useful real products. Silver on the other hand, is a defensive play that just sits. Little doubt that silver could see $100 at some point.

Hmmm... I never even thought to compare AAPL gains to silver.

To me, AAPL is just another paper instrument. All stocks have their moments in the sun, but that moment only last for a certain period of time.

Silver (and gold) is real money. It's a very long term hold for me. As I stated here a few times, I started buying Ag in 1985. I am very patient.

I am 100% certain that the fianacial system will eventually collapse and all paper assets will become worthless. That day is rapidly approaching and will most likely occur in 2013.

[JPMsecretagent]

(01-24-2013 10:49 PM)Fiat Facade Wrote:  

(01-24-2013 10:17 PM)JPMsecretagent Wrote:  I think many are just jealous because great coin was made on Apple over the past 3 years, while silver made 1 nice prolonged move. Doomer hopes were dashed! lol

2009-2013, Date to date Silver is up around 110-20% Apple is up almost 500% after the hit. The world didn't fall apart like many have anticipated and Apple makes useful real products. Silver on the other hand, is a defensive play that just sits. Little doubt that silver could see $100 at some point.

Hmmm... I never even thought to compare AAPL gains to silver.

To me, AAPL is just another paper instrument. All stocks have their moments in the sun, but that moment only last for a certain period of time.

Silver (and gold) is real money. It's a very long term hold for me. As I stated here a few times, I started buying Ag in 1985. I am very patient.

I am 100% certain that the fianacial system will eventually collapse and all paper assets will become worthless. That day is rapidly approaching and will most likely occur in 2013.

Ok.....

This doesn't include dividends payed during this period, compensating share-holders for the use of their money.

Stock Split

Since going public in 1965, McDonald's has executed twelve stock splits. In fact, an investment of $2,250 in 100 shares at that time has grown to 74,360 shares worth over $7.3 million as of market close on March 30, 2012."

http://www.aboutmcdonalds.com/mcd/invest...split.html

[Fiat Facade]

(01-24-2013 11:46 PM)JPMsecretagent Wrote:  

(01-24-2013 10:49 PM)Fiat Facade Wrote:  

(01-24-2013 10:17 PM)JPMsecretagent Wrote:  I think many are just jealous because great coin was made on Apple over the past 3 years, while silver made 1 nice prolonged move. Doomer hopes were dashed! lol

2009-2013, Date to date Silver is up around 110-20% Apple is up almost 500% after the hit. The world didn't fall apart like many have anticipated and Apple makes useful real products. Silver on the other hand, is a defensive play that just sits. Little doubt that silver could see $100 at some point.

Hmmm... I never even thought to compare AAPL gains to silver.

To me, AAPL is just another paper instrument. All stocks have their moments in the sun, but that moment only last for a certain period of time.

Silver (and gold) is real money. It's a very long term hold for me. As I stated here a few times, I started buying Ag in 1985. I am very patient.

I am 100% certain that the fianacial system will eventually collapse and all paper assets will become worthless. That day is rapidly approaching and will most likely occur in 2013.

Ok.....

This doesn't include dividends payed during this period, compensating share-holders for the use of their money.

Stock Split

Since going public in 1965, McDonald's has executed twelve stock splits. In fact, an investment of $2,250 in 100 shares at that time has grown to 74,360 shares worth over $7.3 million as of market close on March 30, 2012."

http://www.aboutmcdonalds.com/mcd/invest...split.html

Maybe AAPL will do the same thing (?)

I could also show you 100's of stocks that went to zero, especially after the tech/housing bubbles burst.

For anyone here holding stocks, bonds or any other piece of paper when the market goes "poof", don't say I didn't warn you.

[Fiat Facade]

AAPL closed at $439 today.

Since the highs back in Sept 2012, Apple has lost about $250 billion dollars in market capital.

Ouch.

AAPL chart and numbers

I see a 5:1 or 10:1 stock split coming in the near future.

[JPMsecretagent]

Apple's Flash Dump In The Last Second Of Trading Caught On Tape

"Sure, the retail "investors" are coming back into the "markets"... They are coming back in shifts. And just so they know what to expect, here is what happened to Apple stock in the last second of regular trading today, courtesy of Nanex. Unlike traditional flash crashes where the trade is an HFT error, or a few shares traded through the entire bid or offer stack, in this case it looks like a very premeditated unloading of some 800K shares (some $350 million worth) of AAPL in the last second, with the full knowledge it was shake the market. Why anyone would want (or wait until the very last second) to do that, while covering the offsetting ES short in the pair trade, to ramp the market into the close, is anyone's guess."

http://www.zerohedge.com/news/2013-01-25...aught-tape

[Fiat Facade]

Bumped for Yukon Jack

:o)