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Thread: AAPL

  1. #1
    Heisman Candidate LegalCock's Avatar
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    Default AAPL

    Anybody buying any? It's going to get cheap here in a minute. I'm watching but not buying. I remember when it was $16.

  2. #2
    #1 Draft Pick SPURRIER's Avatar
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    Default Re: AAPL

    It's down another $9.00 buck so far today. I imagine there's a lot of margin calls occurring now. What level would you actually buy at? I'm thinking $385.00 for myself.

  3. #3
    Starter Gamerooster's Avatar
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    Default Re: AAPL

    I think it's a good buy now but I don't know how low it might go. I would be surprised if it goes below $400 though. The weird thing is that when you buy a share it's like you have to put $137 for every share you buy into some bond mutual fund which is Apple's cash and investments. The cash was a positive when the price was going up but now people seem to think it's a liability to have 140 billion dollars in the bank.

  4. #4
    Household Name Gamecock Rob's Avatar
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    Default Re: AAPL

    It's an amazing value right now, I'm holding on to my shares and considering buying some more. Will be back up soon.

  5. #5
    Banned b381l's Avatar
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    Default Re: AAPL

    Quote Originally Posted by Gamecock Rob View Post
    It's an amazing value right now, I'm holding on to my shares and considering buying some more. Will be back up soon.
    Same here......their guidance was down and I'm afraid they are slowly losing market share.

  6. #6
    Starter Gamerooster's Avatar
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    Default Re: AAPL

    There is significant risk. Growth is slowing (a lot) and the iphone is kind of a fad. Analysts are projecting about $45/share profit this year. If they come in less than that projections for next year will drop a bunch and then we're looking a 350 a share or less. If they make the numbers and grow earnings even at a much slower pace it will get back over $600 eventually.

  7. #7
    Blue Chip ds401's Avatar
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    Default Re: AAPL

    Maybe buy some kind of foreign mutual fund that has Samsung in it ?

  8. #8
    Banned b381l's Avatar
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    Default Re: AAPL

    Taking a butt whooping.

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