|
|
|
|
|
|
StockCentral :: Community
|
|
Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
|
| Note: You must be a StockCentral subscriber and logged in to post messages. |
|
|
| Author |
Messages |
|
Mark Robertson
Rochester Hills, Michigan
www.manifestinvesting.com
 |
| 07/05/2007 9:04 AM |
|
I've been watching Apple Computer (now Apple Inc.) for quite some time as it rose from the ashes with iTunes and reinvented itself.
And I understand the cell phone craze. And Leopard is promising and the anti-viral benefits of Macs and the price point has actually gotten pretty good.
And Michael Dell is hailed for using colored cases on his laptops -- hmmmm, where have we seen that? 
At www.manifestinvesting.com, we have a PAR (projected annual return) less than 4% with some healthy assumptions for fundamentals.
The stock price has climbed like those roman candles in my backyard last night. The relative strength index recently peaked well above 70 (overbought?) during a period when the money flow has been steadily declining. This suggests that more than a few Wall Street rhinos are talking favorably about the stock while nudging their way through the closest exit. (Source: www.stockcharts.com)
I've decided to short Apple (AAPL) in my "25 Stocks for 2007 and Beyond" portfolio. Anybody want to talk me down from the ledge?
Mark Robertson
www.manifestinvesting.com |
|
|
|
|
John Strickland
Cambridge. MA
|
| 07/05/2007 12:41 PM |
|
Hi,
It is pretty clear that Apple will have a huge new revenue stream with the iPhone. And they are consistantly gaining more and more market share on several fronts. (especially the laptop market) They have an enourmous amount of room for growth, and are forming partnerships with many industry leaders during web 2.0. They are opening new retail stores at a quick but thoughtful pace, and have very good brand recognition and are in the homes of about 1/4 americans according to their domestic ipod sales. It appears to me that the stock will likely be a long term winner over the next several years.
As far as shorting goes? Yeah, this stock tends to be fairly volatile. And can have big downswings and upswings. Apple for awhile has been an industry favorite to try to predict with shorts and options. And alot of people have been successfull. So as far as a long term investment, without studying the fundamentals, things look quite good indeeed. For volatile short term trading on Apple, it can be quite lucrative too, as long as you predict the next move. Your ledge could be quite rewarding and I would not talk you down, only advise you keep your balance.
-John S. |
|
John Strickland
Tech Support Dept
ICLUBcentral Inc. |
|
|
Mark Robertson
Rochester Hills, Michigan
www.manifestinvesting.com
|
| 07/05/2007 1:53 PM |
|
Thanks, John.
I'm watching the stock price climb again today, so my entry price is looking pretty favorable.
How's my balance when the 1-year price target is $136 and we're sitting at a current price of $131?
To quote, President Thomas Whitmore (Bill Pullman) to Jeff Goldblum's David Levinson in the movie, Independence Day": "Not bad. Not bad at all."
Meanwhile, the Wall Street rhinos keep peddling faster in honor of yet another Goldblum memorable, "Must go faster. Must go faster."
Mark Robertson
www.manifestinvesting.com |
|
|
|
|
John Strickland
Cambridge. MA
|
| 07/24/2007 3:19 PM |
|
Did you end up getting in at 131? AAPL took a hit today on pre earnings news, and if earnings are not stellar when reported tomorrow, they may have a fair amount of people jumping ship with their profits, which could be good for you.
-John |
|
John Strickland
Tech Support Dept
ICLUBcentral Inc. |
|
|
Mark Robertson
Rochester Hills, Michigan
www.manifestinvesting.com
|
| 07/25/2007 9:16 AM |
|
John,
I got in at $132.75 on AAPL.
I did read estimates of 3-day sales of 140-160,000 versus expectations closer to 700,000. That could cause quite a clunk among the rhinos. The trading on Thu-Fri could be "interesting."
Alas, my other long holdings took a sufficiently large hit that it appears my overall portfolio wasn't bolstered as much as I'd hope -- but AAPL clearly helped.
Mark Robertson
www.manifestinvesting.com
|
|
|
|
|
John Strickland
Cambridge. MA
|
| 07/25/2007 4:37 PM |
|
New Q3 earnings will be reported today. Live video feed below:
(QuickTime required)
http://www.apple.com/quicktime/qtv/earningsq307/
-John |
|
John Strickland
Tech Support Dept
ICLUBcentral Inc. |
|
|
Jeanie Krieger
|
| 07/27/2007 3:48 PM |
|
Mark,
I would appreciate if you could explain the process of shorting a stock, what you hope AAPL will do and how this transaction will benefit you if it does? I'm not familiar with shorting stocks. It looks like Apple barely burped in the last two day's of stock market trading declines.
Jeanie Krieger
Trader Jane's Investment Group |
|
|
|
|
|
| Note: You must be a StockCentral subscriber and logged in to post messages. |
|
|
|
ActiveForums 3.7
|
|