Hmm, What Is Apple Doing?


#181

This dude suggests selling to lock in profits despite possible monster announcement today.

Well, my wifey is not a shoe girl so I expect her to dole out for this $1K+ phone if it has some bells and whistles…


#182

Apple will become a $1 trillion market-cap company if the stock rises to $193.70

This is going to make history by reaching 1 Trillion Market Cap (before Mar 2018) !


#183

Since you love stocks as well, what is your opinion on the dude’s opinion?


#184

I just read those analysts posting and forget it right away, but never take into head.

I am confident Apple is the first to reach 1 Trillion mark and this may likely happen after thanksgiving and before Mar 2018.

The best way is to analyze by reading balance sheet, quarterly/yearly income statement,company forecast and market reaction.

In stock market, when 2008-2009 real estate like situation happens, be bold to buy. It is a great risk to buy RE in 2008-2009, but rewards are seen long after.

Stocks are exactly like that.


#185

I get it that you love Apple as your favorite “fruit” long term, but does the dude’s idea that the stock will take a correction in the short term ring true with you? Why buy now, when it may be slightly cheaper (assuming dude is correct)? I am not holding you to your opinion…


#186

Our favorite professor still claims Amazon will be the first one to breach the 1T mark. Whether that will come to pass I don’t know, but Apple getting to 1T before next march sounds pretty impossible…

But me and my stock account will be super happy though. No complaint from me. :smile:


#187

The person who wrote that article has the mentality of rich gets richer. He said: if you have held the stock for a long time, keep holding. If you only bought it recently, need to sell and lock in profit. Result: rich gets richer.


#188

Really? He said that? OK, that automatically disqualifies him.


#189

99.9% of journalist opinions need to be disqualified.


#190

Why not sell calls against your position? The market cap is so big Apple is unlikely to quickly make a big move upward. You can just sell calls against your position and generate more yield while getting upside.


#191

That’s a speculator’s job not an investor’s…


#192

Selling covered calls is done frequently by dividend stock investors to enhance passive income.


#193

Very Risky one,tax aspect of it, esp people like you holding since 1998 !

I have done covered call with TSLA once, but that stock jumped $25 single day, forced to sell - any way it was profitable.


#194

I didn’t do covered calls vs AAPL, too lazy :slight_smile: because selection of strike price is crucial and I tend to be too aggressive i.e. too low which mean I would need to roll them often. Actually is easier now since stock is less volatile. Covered calls work very well for low volatility stocks like utilities stocks, just sell 3-6 months away.


#195

So the new iPhone is revealed, seems no different from the previous version, but Apple didn’t dive…


#196

iPhone X!!! :money_mouth_face:


#197

Oops… Apple now dives badly as we speak… :frowning:


#198

I feel like Face ID is just more opportunity for failure compared to finger print ID. I don’t get why they put so much effort into it. Rumor is that software is what pushed back the launch date.


#199

Very, very disappointing. I was expecting really cutting edge features on Iphone 8 to appease the fanatical Asians out there. Guess I will hold onto my 6+ a bit longer…


#200