Hmm, What Is Apple Doing?

Tech
2274

AAPL brought down entire NASDAQ, but this is the analysis for AAPL. One of the apple supplier’s forecasted 30% down in future as their big client (supposedly Apple) reduced their orders. They derive apple is falling down based one of the supply chain network.

Yes, Apple would have reduced their order, but would have found another low cost service provider (which is hidden and analysts are not knowing really).

Normally, well known companies like AAPL, AMZN, GOOGL…etc will have reliable forecasting software based on which CEOs, CFOs provide next quarter information which they normally meet in growing economic conditions.

This provides a best opportunity to buy AAPL at low cost. I purchased AAPL around $198 over all and my ROIC is 8.32% considering next quarter income.

Why_AAPL_is_good
Why_AAPL_is_good946×703 28.3 KB

2 Likes
2275

I placed a partial limit order just now - let see if it gets filled.

2276

Ask @hanera to sell you some… :smile:

2277

Ooo it just got filled.

2278

So he did sell it to you… :rofl:

2279

My order is so tiny it’s not worth his time. I need to wait for my stale biotech stock to settle before I can use that money :angry:

2280

@hanera likes to waste his time on tiny bets. It reminds me those Chinese old men who walk around with small birds in cages.

1 Like
2281

I’m showing solidarity with @hanera. I just bought 400 shares of SQ today for “fun” :laughing:

2282

Well it’s not exactly as tiny as his other non-AAPL bets. His are onesie twosies :roll_eyes:

2283

You’re breaking your own rule - that’s not $50K :smirk:

1 Like
2284

Shame on me… :rofl:

2 Likes
2285

A supplier rumor hits Apple a few times a year. I swear people throw them out there just to knock down the stock, so they can buy it.

2 Likes
2286

Mostly, these are done by negative hypes, started by analysts ( they are paid/compensated by vested companies/funds ) to get it lowered to make money.

For long holding Apple stock, this is one of the opportunity spot.

There is some more potential slide may likely come ( as per Bloomberg) before stabilization.

2 Likes
2287

The Three-Minute Chat That Wiped Billions Off Stocks

https://www.bloomberg.com/view/articles/2018-11-13/an-apple-supplier-s-guidance-cut-underpins-tech-sell-off

2288

My purchase of SQ made a lot more sense than your purchase of Aapl, based on today’s results.

2289

Don’t be silly - stockmarket is never a day’s game. Thought you are a long-term investor, what happened?

2290

Just wanted to note that to tease you and take you down a notch, because you were mean to me regarding “breaking my own rule”… :rofl:

1 Like
2291

Well looks like it backfired - you are breaking your own long-term rule again :smile:

2292

Whatever. My purchase wins today… :rofl:

2293

Didn’t you break your 52w low rule with AAPL? It looks like it’s heading there. :smile: