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aapl Broken stock or...
posted by imabiochemist on 9 months ago
522 views

not a broken company by any means, and isnt even what id call a broken stock--yet. though
i dont think it is time to jump in here, it isnt broken. it hasnt even traded below its
100 MA

Broken Stock sell sell sell all the three horseman once these stocks lose therir momentum
its a sell sell sell

Unless someone invents something better, faster, and more efficient than the iPod, I'll
always own Apple.

Apple (AAPL) was my biggest gainer in 2007 because they make consumer discretionary
products that are desired as if they were consumer staples.

I opened a position in Apple (AAPL) after the China related February, 2007 panic at
$89.75. The stock closed the year up 120.70% from that price.

I do not know what will happen with the stock, no one does, but if you have a long enough
outlook, there is no reason not to add a tiny bit on a 10% selloff.

The stock rode the $200 level for five straight days and then sold off on Wednesday, the
first day of trading for the year. On Friday, AAPL fell over 7% on strong volume. The
stock closed Friday below the 50 DMA.

Microsoft filed an antitrust suit against Apple this week accusing the company of
illegally maintaining a monopoly in digital music. Microsoft cites that Apple fails to
support the WMA format. I feel ironic is not a strong enough word. That said, no one
probably understands antitrust law better than Microsoft at this point, so they might as
well try to put that knowledge to work. I do not think this will hurt Apple's near, or
long term profitability.

With the selloff Friday, I decided I had to add a little. I added 9% to my position on
Friday at $179. Mac World starts January 14th and I see no reason why the stock will not
run up this coming week (despite what the general market may do). Getting a 10% discount
two weeks before the event seemed like a good opportunity.

the concern is two fold one of the suppliers for the IPODs stated that they decreased DEC
sales by 45%, true the season for IPODs are over so not a huge concern to me but this and
with the other consumer concerns allows for i would stay the next 4 months a time to build
a position in AAPL, not broken just resting for the next big run, you cant run forever you
have to rest, plus the late run is DEC was false hedgefund dress up

Apple is a great company.It is gaining rest of world.My portifio misses it.I still need to
wait until after earnings.

Thank you for your feedback. I did not think it was a broken company, but I wanted
reassurance from others.

Now, I just have to determine if this is an entery point or will it continue to fall?

Art

I am a great fan of Apple products. I have a MacBook Pro laptop, a G3 desktop, and an
iPhone. Apple is truly an innovative company. My concern though is, as an investment,
Apple depends on consumer discretionary purchases, and these products are not cheap. Very
few businesses buy iPhones and Apple computers. The purchasing pressure the consumer feels
plus the absence of business buying translates into slower growth in the months ahead.

No, it is not a broke company.In fact,its a very well run company.

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