10-12-2005, 02:08 PM | #1 | ||
Coordinator
Join Date: May 2003
Location: Utah
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You guys see Apple's financials?
Apple (NASDAQ:AAPL) reported a profit of $1.34 billion for the year, compared with a profit of $276 million last year.
WOW....nice year... Makes me kick myself for selling their stock a while ago....
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"forgetting what is in the past, I strive for the future" Last edited by MacroGuru : 10-12-2005 at 02:09 PM. |
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10-12-2005, 02:12 PM | #2 |
College Starter
Join Date: Oct 2000
Location: Minneapolis
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didn't their stock just drop 10 points this morning? points meaning percent. That is what a guy at work told me. It doesn't make sense. People scared of the new releases?
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http://www.myspace.com/longliveanalog Last edited by Hurst2112 : 10-12-2005 at 02:13 PM. |
10-12-2005, 02:13 PM | #3 |
Hall Of Famer
Join Date: Apr 2002
Location: Back in Houston!
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Yeah- they were expecting even higher sales. Welcome to how the market works- it's not about what you do, it's about how you're perceived.
SI
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10-12-2005, 02:15 PM | #4 | |
Coordinator
Join Date: Apr 2005
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Quote:
Which is why I hate non-dividend stocks. |
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10-12-2005, 02:19 PM | #5 |
Coordinator
Join Date: May 2003
Location: Utah
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Yeah, but if you play the options properly, you can make the money on either swing, I had the stock to where I could have played the options properly and made a killing.
They have been trending upward for awhile, the stock has built a new resistance, and from all looks it will trend up again. I am going to keep my eye on it for a bit, just to see....
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"forgetting what is in the past, I strive for the future" |
10-12-2005, 03:01 PM | #6 | |
General Manager
Join Date: Oct 2000
Location: The Satellite of Love
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Quote:
Still down, but now it's only down about 4 1/2 percent. |
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10-12-2005, 04:06 PM | #7 |
Hall Of Famer
Join Date: Nov 2000
Location: The State of Insanity
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Basically, Apple beat THEIR expectations, but the morons who pushed their stock (the analysts) added 30% more to APPLE'S expectations for sales and made it THEIR expectations.. so Apple did better then they thought, and the market punished em for not doing even better.
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10-12-2005, 04:46 PM | #8 |
Mascot
Join Date: Sep 2002
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I got in @ $45 about 6 months ago... was thinking of selling if it hit $55, which it approached a few times until yesterday's news.
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10-12-2005, 07:20 PM | #9 | |
Coordinator
Join Date: Apr 2005
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Quote:
I agree with you, but I never like focusing on just stock price. |
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10-12-2005, 10:53 PM | #10 |
College Prospect
Join Date: Nov 2000
Location: Tempe, AZ
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http://www.cnn.com/2005/TECH/ptech/1....ap/index.html
Apple shares closed Wednesday down $2.34, or 4.5 percent, at $49.25 on the Nasdaq Stock Market. In after-hours trading Apple lost 2 cents to $49.20. The shares' 52-week low was $18.83 on December 12, 2004. I think at $18 dollars only a year ago, it was a good idea to pick some up. |
10-12-2005, 11:07 PM | #11 | |
Grizzled Veteran
Join Date: Oct 2000
Location: Syracuse, NY
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Quote:
gee, ya think? |
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10-14-2005, 01:07 AM | #12 |
General Manager
Join Date: Oct 2000
Location: The Satellite of Love
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It was up just over 9% today (yesterday for most people reading this) to 53.74. Nice little profit for those who jumped in when it was down in the 40's a few days ago.
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10-14-2005, 07:38 AM | #13 |
Coordinator
Join Date: May 2003
Location: Utah
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Where I work, we have a chance to buy into a fund trader that uses the trading system we coach on. Currently, it's sitting at 112% on return, I haven't had a chance to buy into it, but the fundamentals of our program caught apple on the uptrend, and the trader played it on the day trade (If I hear it right) So they made some good money.
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"forgetting what is in the past, I strive for the future" |
10-14-2005, 08:53 AM | #14 |
College Starter
Join Date: Jan 2004
Location: Chicago
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and I thought it was another thread about fiona... damn.
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