where is Apple going

[the old maxx50]

Well apple as taken some investors on quit ride .. i was not one of them , just heisted when i should of jumped o the wagon

Now it has gone from a high of $645 to $574 in 3 trading days and just a little step up today ..
Will it clime back up or is it done ...

It is only the investors that can say .. do they still think ther eis value in Apple .. and will they drive it to $700 before the summer break?

 

[jesuschrist]

Well apple as taken some investors on quit ride .. i was not one of them , just heisted when i should of jumped o the wagon

Now it has gone from a high of $645 to $574 in 3 trading days and just a little step up today ..
Will it clime back up or is it done ...

It is only the investors that can say .. do they still think ther eis value in Apple .. and will they drive it to $700 before the summer break?

Apple will eventually lose almost all its market share of the mobile market. Android has roughly 60% already and with more hardware vendors jumping on board, even Microsoft had a hard time squeezing in. Android prevented Apple's goal of taking the mobile market, now they are relegated to the corner and looks like they'll be there a long time, and the corner will get smaller and smaller.

 

[Elmore]

It is already back up over 600 bucks and will likely see 700 this summer as long as the overall markets don't take a dump. Their products are solid and institutional investors love the company. Some analysts have a target of 1000 dollars for this company.

That said, I don't think I would be buying at these current levels.

 

[badbadboy]

I enjoy reading about Apple products and its success stories on this website:

http://www.macrumors.com/

I have been monitoring the products area to see when the next generation of iMacs are coming out.

 

[the old maxx50]

Considering the run apple has made in the last 2 months i should of seen this jump coming .

A $600 stock is to pricey for me but .. options hold the key to making larger profits on apple .

a call at $600 that expires on Friday had dropped to $4.50 this morning and now is up to $11.50 ..

for a stock that makes 10% swings at $600 a share .. %200 to %300 profits are common place a few time a month ..

My falt for not beleiving enough in the market any more ..

I know many think it is a gamble doing options .. But look at how many are being traded at the different price levels ..

Gambling is put all your money on one hand of card that is over in a minute
options are good for weeks .. and months depending how you buy them ..

Yes I had bought Apple 6 months ago i would be up %100 . with a $20k in vestment it would of been good for another $20K ..
bUT $10K on a 6month call back in sept 2011 @ $ 50 on a call @$400 ,is worth $200 or more .. that is %300

For tose that do understand it there are many way to play it and also many ways to lose at it I have done both .

 

[Elmore]

Considering the run apple has made in the last 2 months i should of seen this jump coming .

A $600 stock is to pricey for me but .. options hold the key to making larger profits on apple .

a call at $600 that expires on Friday had dropped to $4.50 this morning and now is up to $11.50 ..

for a stock that makes 10% swings at $600 a share .. %200 to %300 profits are common place a few time a month ..

My falt for not beleiving enough in the market any more ..

I know many think it is a gamble doing options .. But look at how many are being traded at the different price levels ..

Gambling is put all your money on one hand of card that is over in a minute
options are good for weeks .. and months depending how you buy them ..

Yes I had bought Apple 6 months ago i would be up %100 . with a $20k in vestment it would of been good for another $20K ..
bUT $10K on a 6month call back in sept 2011 @ $ 50 on a call @$400 ,is worth $200 or more .. that is %300

For tose that do understand it there are many way to play it and also many ways to lose at it I have done both .

With great reward comes great risk my friend. Options are a dangerous game.

It's a rosy picture to present the upside but the downside has led some to serious financial difficulty. People need to understand their tolerance for risk...we all have great tolerance for reward.

 

[Tugela]

The thing to remember about tech is that what goes up comes down. Nothing lasts forever. There have been plenty of companies that have been dominant in the past and then faded into the sunset, Apple will be no different.

 

[Tugela]

Your right Elmore and to add to your comment. Apple is predicted to be the 1st Trillion dollar company by market share. Just imagine.....a trillion dollars lol. Remember when everyone thought a million dollars was alot.

Tech innovations are in the bag yrs before they hit the public market. So....Apple should be fine up to 10 yrs because Steve Jobbs would have had his hands in all of that for the next several yrs. . After 10 yrs .....anyones guess where apple will be.

Most of those "Tech innovations" are someone else's innovations which are licensed or bought by Apple. What Apple does basically is package them in products.

It would be very easy for one of the other tech companies to become dominant in a few years by doing the same thing.

 

[the old maxx50]

I am not talking about a few years i am talking about right now .. just like every thing . it s now that counts .. Up down there is all ways money to be made if you are in at the right time .

I know all about the down side .. I have had my losses that is why i have been very reluctant to by into Apple .. my loss ..

We all have are risk tolerance .. I have had a few reward from the risks i take .. but not enough to make it count for the long term ...

Picking the right stock to run with on the market is like picking the right wave that will carry you home ...

Those that no options .. often say it is better to sell them then buy .. but that is only true in a declining market not on a rising stock as i think many holders of apple have found out the hard way ..

Unlike Nortel , or Ballard and even RIM , Apple as a plan and a bunch of cash in reserve .
sure i think the stock is over priced and over traded. But i don't own any either .. It sounds like the next weeks income statement will decide which way it is going for the next quarter .

This high and low has all ready tested the range and price mark . will it go above $645 or drop below $572

I though there might be some people on here that actually understood options and not just those that .. seem to parrot some misconceptions , hold overs from the crash of 1929.

Remember the when Nortel crashed it was not option traders that lost the most money it was those that road it from $180 to 80 cent and it will be the same with Apple .. it will be those that have the stock and don't want to let go of their losses that will loss big time .. an option trader can only lose the the %1 TO %10 percentage that an option cost But they can make all the gains . that it make when it goes above there call price..

I agree assets are never a gable , and a stock is an asset .. but buying high and selling low is a loss