AAPL Hits New 52-Week Lows

Tyler Durden's picture




 

Apple is under pressure this morning -1.8%. It has broken recent lows and is traversing the gap from 1/24/12 (meaning if you bought at any time after that you are now losing money - and notably relative to the market). These are 13-month lows - great buying opportunity we are assured by Topeka et al. Just think, an iWatch, iTV, iDunno...

 

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Fri, 03/01/2013 - 10:47 | 3289912 BurningFuld
BurningFuld's picture

The Z10 cometh..................

Fri, 03/01/2013 - 10:50 | 3289919 NotApplicable
NotApplicable's picture

iYiyi

Fri, 03/01/2013 - 10:52 | 3289934 TruthInSunshine
TruthInSunshine's picture

iCommoditization

Fri, 03/01/2013 - 10:53 | 3289943 GetZeeGold
GetZeeGold's picture

 

 

I'll huff and I'll puff and I'll dollar cost average.

 

My borker is on a losing streak....but he's due anytime now.

 

Fri, 03/01/2013 - 10:56 | 3289962 Stackers
Stackers's picture

uh oh, 13988

Fri, 03/01/2013 - 11:01 | 3289985 BLOTTO
BLOTTO's picture

They should call it the - iDick

.

On January 13, 1946,[3] Gould changed Dick Tracy forever with the introduction of the 2-Way Wrist Radio, having drawn inspiration from a visit to inventor Al Gross. This seminal communications device, worn as a wristwatch by Tracy and members of the police force, became one of the strip's most immediately recognizable icons, and can be thought of as a precursor to later technological developments, such as cellular phones and later watch phones. The 2-Way Wrist Radio was upgraded to a 2-Way Wrist TV in 1964. This development also led to the introduction of an important supporting character, Diet Smith, an eccentric industrialist who financed the development of this equipment.

.

http://en.wikipedia.org/wiki/Dick_Tracy

Fri, 03/01/2013 - 11:07 | 3290013 qqqqtrader
qqqqtrader's picture

iDONTREALLYCARE

 

Gone Fish'n

Fri, 03/01/2013 - 11:38 | 3290137 Xibalba
Xibalba's picture

Did AAPL invest in silver?  

Sat, 03/02/2013 - 01:19 | 3292813 Spigot
Spigot's picture

Steve Jobs died just in time, it seems.

Fri, 03/01/2013 - 11:11 | 3290025 Divided States ...
Divided States of America's picture

Fixed in a jiffy. 14025

 

but Crapple still tanking.

Fri, 03/01/2013 - 11:00 | 3289981 kliguy38
kliguy38's picture

Don't worry about AAPL just buy more and tuck it away.....pull it out in a year and it should be200......then you can double down again........hey...its a "great" company"

Fri, 03/01/2013 - 10:53 | 3289944 Kaiser Sousa
Kaiser Sousa's picture

Iboughtsome'moSilver................

Sat, 03/02/2013 - 04:18 | 3292985 matrix2012
matrix2012's picture

And... iBuymoregoldbars  ;)

keep on stacking dudes....don't give a slightest damned care to all the shitty news: S&P500 ups&downs; iCraps, Farcebook and other Dot-Illusions; Rob-Ben-Hood; Abenomics; Godmanite global squid networks, etc etc... all are just smokes and screens against the real shiny Extra-Terrestrial material!

MUPPET SHOWS GO ON WITH THEIR DAILY PROGRAMMING.... :-D  ha ha ha ha

Fri, 03/01/2013 - 10:51 | 3289936 WayBehind
WayBehind's picture

$200 next ...

Fri, 03/01/2013 - 10:53 | 3289950 Dr. Richard Head
Dr. Richard Head's picture

There is an Adam and Eve joke in here some place...

Fri, 03/01/2013 - 11:16 | 3290041 fomcy
fomcy's picture

Slomo ponzi Market, No Volume, No VIX

Banksters pushing buttons. F*cking Rally, based on fiction.

 

Fri, 03/01/2013 - 10:50 | 3289933 EscapeKey
EscapeKey's picture

as is the samsung galaxy 4

Fri, 03/01/2013 - 11:49 | 3290174 Crash Overide
Crash Overide's picture

*yawns*   My Galaxy S3 is pretty nice if you're into the whole smartphone thing.

Fri, 03/01/2013 - 14:20 | 3291002 css1971
css1971's picture

Samsung are about to jump the shark, in much the same way as Apple.

Fri, 03/01/2013 - 11:26 | 3290082 FL_Conservative
FL_Conservative's picture

Well, it's now OFFICIAL!  We've ween the market top, as the squid has spoken:

http://finance.yahoo.com/news/havent-missed-rally-goldmans-cohen-1448578...

Fri, 03/01/2013 - 10:49 | 3289921 CheapBastard
CheapBastard's picture

iLows?

Fri, 03/01/2013 - 11:03 | 3289998 Sudden Debt
Sudden Debt's picture

THIS bullish Apple iNvester says it will go to 1000$!!

http://24.media.tumblr.com/tumblr_lz2drePNoT1r84bzvo1_500.png

Fri, 03/01/2013 - 12:05 | 3290251 Never One Roach
Never One Roach's picture

"Oh, somewhere in this favored land the sun is shining bright;
The band is playing somewhere, and somewhere hearts are light,
And somewhere men are laughing, and somewhere children shout;
But there is no joy in Mudville - mighty Casey has struck out."

Fri, 03/01/2013 - 10:49 | 3289922 buzzsaw99
buzzsaw99's picture

Einhorn was buying while insiders were selling. haha!

Fri, 03/01/2013 - 12:03 | 3290241 Freddie
Freddie's picture

Hope & Change finally hitting the average idiot.   Unless iFools can buy iCrap with EBT/SNAP cards - Apple is going lower.

Fri, 03/01/2013 - 10:49 | 3289924 whoknoz
whoknoz's picture

...I gotta go now...

Fri, 03/01/2013 - 10:51 | 3289925 Edward Fiatski
Edward Fiatski's picture

Can't go any lower, the bottom hit, cheap stock, penny stock, low P/E, BTFD etc. /sarc

Fri, 03/01/2013 - 10:49 | 3289926 Super Broccoli
Super Broccoli's picture

does 52 weeks sounds longer or shorter than a year ?

Fri, 03/01/2013 - 10:55 | 3289955 fuu
fuu's picture

Shorter.

Fri, 03/01/2013 - 10:59 | 3289971 Dr. Engali
Dr. Engali's picture

Are we counting leap years? And are we using the Gregorian calender or the Julian calender? Because if we are using the Julian calender then yes 52 weeks sounds longer.

Fri, 03/01/2013 - 10:51 | 3289928 ebworthen
ebworthen's picture

wow

Someone needs to put together a collage of all the MSM pumpers talking about AAPL to $1,000.

Mustard seeds, green shoots, this recovery is amazing, it's 1983 all over again, Normal Rockwell and FDR brought back from the dead, and all that.

Fri, 03/01/2013 - 11:07 | 3290012 EscapeKey
EscapeKey's picture

i thought i'd read some of those for the hell of it, but got bored as they're just another list of people talking their book

Fri, 03/01/2013 - 11:17 | 3290045 ebworthen
ebworthen's picture

Thanks for that.

Redemption for getting flamed by the Apple accolytes when I told them to sell at $600, $650, $700 - because the Copernicus of Cupertino (Steve Jobs) was gone and AAPL had peaked, take you profits now!  Oh well...

Fri, 03/01/2013 - 12:16 | 3290333 Bam_Man
Bam_Man's picture

You left out that Cody Willard numbnut. He was pumping $1,100 very hard right up to the iPhone 5 launch. Not a peep now for months.

Fri, 03/01/2013 - 11:03 | 3289995 ParkAveFlasher
ParkAveFlasher's picture

I'm imagining Norman Rockwells, but with zombies.  Nice image for a Friday.

Fri, 03/01/2013 - 10:50 | 3289929 swissaustrian
swissaustrian's picture

iPuke

Fri, 03/01/2013 - 10:50 | 3289931 Super Broccoli
Super Broccoli's picture

iCOLLAPSE !

Fri, 03/01/2013 - 10:50 | 3289932 thewhigs
thewhigs's picture

Serves all those bag-holders such as Einhorn well. What makes it all the funnier is Einhorn wants some kind of "dividend" but what good is a few % dividend if the stock plummets by 30%-40%-50%??

Fri, 03/01/2013 - 10:51 | 3289935 ghostzapper
ghostzapper's picture

Bernanke gave the order a while ago to throw in the towel on this one.

Now AMZN . . . . well that's a different story.  Some outside forces are still trying to keep the dream alive by attempting to keep that fat, bloated piece of shit above its 50DMA. 

Fri, 03/01/2013 - 10:52 | 3289940 Super Broccoli
Super Broccoli's picture

Bearnanke ?

Fri, 03/01/2013 - 10:53 | 3289942 slaughterer
slaughterer's picture

There will be an irrational AAPL rumor shortly to pump the price to 440 support today.   You can set your iWatch to it.  

Fri, 03/01/2013 - 11:49 | 3290176 GeezerGeek
GeezerGeek's picture

Apple shouldn't use 'iWatch' as a product name. That has been appropriated by the NSA for their Stellar Wind project. Of course, like many laws passed by the Feds, they refuse to let anyone know of this action.

Fri, 03/01/2013 - 10:53 | 3289947 Dr. Engali
Dr. Engali's picture

Yeah but they are thinking about working on exciting things and stuff.

Fri, 03/01/2013 - 10:54 | 3289949 jover
jover's picture

iCaramba!

Fri, 03/01/2013 - 10:55 | 3289956 pragmatic hobo
pragmatic hobo's picture

from what I understand aapl can pull fed and create something out of nothing by splitting their shares.

Fri, 03/01/2013 - 10:55 | 3289959 Smiddywesson
Smiddywesson's picture

But, but, but, what about the story?  Billions in cash.  And look at the market share.  The Century of China was supposed to be The Century of Apple.

LOL, the revenge of Reggie Middleton continues.

Fri, 03/01/2013 - 10:55 | 3289961 Inthemix96
Inthemix96's picture

ilaughed.

Out

Loud

 

Fri, 03/01/2013 - 10:55 | 3289963 Longtermnotreally
Longtermnotreally's picture

iOpener

Fri, 03/01/2013 - 10:56 | 3289967 Sutton
Sutton's picture

It's as if they announced the launch of an airline.

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