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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BurningFuld's picture

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

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.

 

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

qqqqtrader's picture

iDONTREALLYCARE

 

Gone Fish'n

Xibalba's picture

Did AAPL invest in silver?  

Spigot's picture

Steve Jobs died just in time, it seems.

Divided States of America's picture

Fixed in a jiffy. 14025

 

but Crapple still tanking.

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"

Kaiser Sousa's picture

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

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

Dr. Richard Head's picture

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

fomcy's picture

Slomo ponzi Market, No Volume, No VIX

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

 

EscapeKey's picture

as is the samsung galaxy 4

Crash Overide's picture

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

css1971's picture

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

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...

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."

buzzsaw99's picture

Einhorn was buying while insiders were selling. haha!

Freddie's picture

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

whoknoz's picture

...I gotta go now...

Edward Fiatski's picture

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

Super Broccoli's picture

does 52 weeks sounds longer or shorter than a year ?

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.

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.

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

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...

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.

ParkAveFlasher's picture

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

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%??

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. 

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.  

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.

Dr. Engali's picture

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

pragmatic hobo's picture

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

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.

Inthemix96's picture

ilaughed.

Out

Loud

 

Sutton's picture

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