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tsptalk said:
Picked up a little AAPL at $395 yesterday and added today at $405. Rolling the dice for an earnings trade.
Click to expand...
Well we saw 420+ after hours but because I bought with unsettled funds the other day, I have to wait until Thursday before I can sell if I want to. It has held last week's low, which is a good sign, and just below that is a good place to put a stop.
 
Everybody and his brother hates apple and thinks doom and gloom.

Its time to buy apple folks.
 
AAPL fell a couple of weeks after I bought some shares. You guys will get a better entry point if you wait until I purchase a few more shares:toung:
 
rktect1 said:
Everybody and his brother hates apple and thinks doom and gloom.

Its time to buy apple folks.
Click to expand...

CNBC was pumping it this morning, so I don't know if everyone hates it... I would wait a little longer as I think now ~$400 is still a little high for a bottom. Take a look at $380 down to $320, but that is me...

jpcavin said:
AAPL fell a couple of weeks after I bought some shares. You guys will get a better entry point if you wait until I purchase a few more shares:toung:
Click to expand...

Absolutely!
 
tsptalk said:
Picked up a little AAPL at $395 yesterday and added today at $405. Rolling the dice for an earnings trade.
Click to expand...


tsptalk said:
Well we saw 420+ after hours but because I bought with unsettled funds the other day, I have to wait until Thursday before I can sell if I want to. It has held last week's low, which is a good sign, and just below that is a good place to put a stop.
Click to expand...


I put in a sell limit order on most of my AAPL position this morning at $411 and it got hit Thursday afternoon. Still holding a very small position, just in case it has bottomed. Stop is just below earning's day low near $395.
 
tsptalk said:
I put in a sell limit order on most of my AAPL position this morning at $411 and it got hit Thursday afternoon. Still holding a very small position, just in case it has bottomed. Stop is just below earning's day low near $395.
Click to expand...
Put in a limit order to sell the rest of my AAPL position at $435. If it doesn't get hit today (currently $432) I will probably sell on the close. The 50-day EMA is $436 so it looks like a good place to take profits.
 
Maybe I don't understand this 100%, but apple is issuing corporate bonds to raise capital? They're still sitting on a gigantic cash pile last I checked. Can someone clarify this for me?
 
I don't really get it either. They are borrowing money via bond debt, so they can give it to current shareholders? There must be some business benefit in doing this. Perhaps they are taking advantage of low interest rates.
 
bmneveu said:
Maybe I don't understand this 100%, but apple is issuing corporate bonds to raise capital? They're still sitting on a gigantic cash pile last I checked. Can someone clarify this for me?
Click to expand...

The cash pile is overseas holdings. You have to be international banking savvy to see why they are built that way, but its simple....hide the cash in the cheapest vault. Overseas holdings (non-US corporations) do not get taxed. Think of Apple like Mitt Romney and his cash in the Caymans (which is no longer a safe haven).

Now, most companies run on debt....they extend to make money on growth....But now they want to buy back their shares....so they restructure their debt (accounting trick) and then they issue bonds to cover their intentions. So, they want to buy back their shares (pay off the stockholders) so they don't have to pay dividends and can in turn realize that money in other forms. They can use the funds for other projects/R&D, and supporting those off-shore efforts.

Interesting though, a Russian billionaire just bought $100Mil USD. Hmm.....Elite stock holder?

tsptalk said:
I don't really get it either. They are borrowing money via bond debt, so they can give it to current shareholders? There must be some business benefit in doing this. Perhaps they are taking advantage of low interest rates.
Click to expand...
Low stock price more likely.
 
Frixxxx said:
The cash pile is overseas holdings. You have to be international banking savvy to see why they are built that way, but its simple....hide the cash in the cheapest vault. Overseas holdings (non-US corporations) do not get taxed. Think of Apple like Mitt Romney and his cash in the Caymans (which is no longer a safe haven).

Now, most companies run on debt....they extend to make money on growth....But now they want to buy back their shares....so they restructure their debt (accounting trick) and then they issue bonds to cover their intentions. So, they want to buy back their shares (pay off the stockholders) so they don't have to pay dividends and can in turn realize that money in other forms. They can use the funds for other projects/R&D, and supporting those off-shore efforts.

Interesting though, a Russian billionaire just bought $100Mil USD. Hmm.....Elite stock holder?


Low stock price more likely.
Click to expand...

Wow James, had to throw in a political jab there... I suppose there are no Democrats with off-shore accounts? Wait, AAPL's Jobs was a Democrat right? :D
 
Probably has a lot to do with low interest rates. Last year BNI sold $1.25 billion for general purposes at something like 3%.

Figure a 30 year at 2.8% today for AAPL is a pretty sweet deal.

This is where interest rates benefit the big business but not main street. I can't sell a bond on my assets or get a HELOC for less than 3%, but I can get a money market savings account that pays .03% a year. These are good things to pay attention to however, because if insiders keep cranking out high offerings at these rates, they probably don't think they have much lower to go.
 
Well, i still have all my aapl shares. Now what? What exactly is this weeks news going to do for me, the little guy stock investor? Outside of the fact that i am almost back to even with my trades. Just short by about 300 dollars. Which aint bad considering a few days ago i was down around 2700 or more.
 
What exactly is this weeks news going to do for me, the little guy stock investor?
Click to expand...

First, if you own a stock, don't even bother with the news. It's baked in well ahead of announcements and even if it isn't, you don't run a quant fund so you won't be able to react in time.

In my opinion the growth story of AAPL was overblown. The fact that it comprised 20% of QQQ at one point and was worth more money than XOM was a sure sign of trouble.

However, if I was a holder of AAPL at around 400-440, I'd hold because the dividend beats the 30 year right now and the PE is lower than it's been in a very long time. (My sources say 9 which is around 60% of the S&P right now). If you're a chart guy, then it could be setting up for a little inverse H&S, but that could take a few weeks.

Tech sector is very, very volatile.
 
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