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Apple Weakness Due To Removal From Deutsche Bank Short-Term Buy List
From Deutsche Bank:
Apple: AAPL- Buy
We removed Apple from SOLAR following a ~50% gain since adding it to Solar on October 19th (adding ~$175Bln in market value). Over the same time period, the S&P is +15%.
We are simply taking profits.
We remain optimistic on Apple's medium and long-term fundamentals.
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This is such bullshit. Banks place their bets... then say that one stock is good to buy... then make a shitload of money... then sell... then buy shorts... then say the stock is not good anymore.
And all this crap is legal... unreal.
Quick get out!!!
the cue for an exit is when GS says "Buy".
Bernanke/Geithner/Obama have to focus like a laser beam on keeping NASDAPPLE propped.
(No, I am not claiming for purposes of this post that Apple a) isn't a fine company, and/or b) doesn't make nice iGadgets, and/or c) is overvalued just because its market cap exceeds that of the aggregrate value of all other publicly traded retail companies - those arguments may or may not be relevant in another thread).
If Apple were to really plunge, it would literally decimate, first directly, and then by secondary, cascading, consequential events (e.g. margin calls, etc.) trillions in paper wealth.
I hereby declare support of Apple share prices as national security priority, with any risk of significant erosion in Apple's market capitalization constituting a Clear & Present Danger, bitchez.
The fate of the Empire rests on the share price of Apple. It's far greater a too-big-to-fail entity than any bank/financial institution or sovereign state in Europe.
Wait until Japan (or China or India) comes out with the $20 iPad.....
Ouch!!!!!!!!!!!!!!!!!!!!!!!
Or until Foxconn reveals it has severed ties with Apple, based on a contractual dispute, to be litigated in a Chinese legal forum, and that in the interim, they are launching their own iGadget company?
Just kidding....(or not)
Back on the NASDAPPLE theme,,,
Then again, if tnotes keep dropping, The Bernank may salivate at NASDAPPLE money seeking shelter in the "perceived safety" of said tnotes, at whatever yield, positive or negative, they bear.
hmmmm
The Apple minions all chant 'FREE TIBET'!
LOL
How do you say, "BOGO" in Japanese?
Pretty much. If you see GS coming your way with a 'business opportunity', RUUUUUUN!
Or to quote Max Keiser: "Greece' 9/11 was the day they met Goldman Sachs."
"He who sell first, sell best" moment? '.'
Theyre smart to get out while someone is still willing to buy a $600 stock that has run up almost 50% in just weeks.
I got a little burned myself on a few puts bought when it went over $500
I won't be betting against it again any time soon. But I also definitely wouldn't touch it on the long side.
The index charts are insane at this point. According to the stock market we should be in the middle of a big economic boom, while reality is giving us bust.
Though the ever improving economic measures, if trustworthy, could change that I guess.
Regards,
Curtis
I had fortunate timing with a call spread...bought just ahead of the upgrades/upped price targets. Bought on Tuesday at $5.20 and sold today at $12.00.
I outran the printing presses for a short dash!
Now if I can get GS to issue a strong buy recommendation, my April 525 puts should be ITM by Tuesday morning.
It is way overbought but shorting AAPL is Madness.
Agree. Even though the move up is way overdone, until it breaks hard on big volume, shorting's a recipe for losing money.
We have Apple.
So, there's that.
apple could go up to 1000 before finally correctiing cuz its P/E is still very reasonable for a tech company
Your reasoning is there are plenty of people out there who havent bought Apple yet at $600, but are ready to pay almost double that later. I just dont believe it, I think at least $300 in Apple is nothing but hot air.
the final phase of the blow off top should be when the avg. retail investor is throwing their money at it and there are no buyers left at that point, apple will probably "beat expectations" yet again for the quarter with record high ifad sales
'Avg retail investor, throwing piles of money at it'...LOL youre refering to avg Joe american sitting at home living on a food stamp card?
This is all fake, sorry. Its not 2007 anymore when everyone was refinancing their just-bought homes for $15,000 profits to buy bubble mania stocks.
avg. joe is not an investor but the avg. retail investor who are the ppl buying ifads are the middle class that still have some money left and have stock investments, the same class of ppl who lost money in the dot-com bubble
Just like there product line 50% hot air
I'd rather have the money than the stock too.
But the continue bullish mania will likely push the stock up higher.
just noticed the new g+ share button, good call!
Heresy!! How dare you leave the hedge fund hotel. Don't you know it is going to $1000? Who's next?
http://vegasxau.blogspot.com
Guess they didn't get The Squid's memo that AAPL is a matter of U.S. National Security and cannot be sold... we should send "I am a Man I am..." over to their offices to show them true valuation techniques... overvalued! The nerve! <sarc>
zero hedge downgrades apple - run for the exits- NOT! this is turning out to be the best comic site on the web. Flush this mutha
wouldn't you be happier at I-Hub? It seems more your cup of tea. Lots of Bulls, sycophants and cheerleaders. You'll fit right in.
'Zerohedge' didnt 'downgrade' Apple, retard. A bank did.
Zerohedge only rates companies based upon the number of employees that commit suicide due to working conditions. By that measure, Apple is still doing quite well. So momo onward, momo.
Joe Kernan is that you?
The Germans! (again)
I hear APPL is preparing to announce a new product line created in Holland--the iTulip. Should be a smash. Can't go wrong.
Nice one.
iPuke
The first of the heard was spooked and is heading for the door. Wait until the other gazelles notice the first and follow with haste.
They had to pay Fisher back the money he parked at DB....
In other news, BAC is heading for the sky
I think the headline should be AAPL weakness. Apple remains a roaring model of technical, marketing and customer satisfaction success. Perhaps Apple should be downgraded from a 600 lb Gorilla to a 598 pound Gorilla in the room.
Those, like Deutche Bank, who focus on AAPL are lost... those who consider the success of Apple are wise.
Dislike the G+ button. Why encourage people to open an account with a company that invades their privacy?
Well if Apple should drop it would take the rest of the tech sector with it; And I dont know why people pick on APPLE-sour grapes? Windoze fanbois? realizing that Windows is the dying dinosaur in an increasingly mammal world?
re: Foxconn-the following gadgets are fully assembled (with slave labor) by them:
iSold....today.
I wonder what would Goldmand Sachs recommend? Must follow up.
- Elmo and Ms Piggy
this headline says it all
Wal-Mart to Sell New IPads at Midnight, Before Apple Stores