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Zecco.com » Top ZeccoShare Holdings » Apple (AAPL) » The Smell of AAPL Turnaround?
Last post 02-29-2008, 9:15 AM by Scott ¥$£. 5 replies.
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  •  02-28-2008, 2:29 PM 24324

    The Smell of AAPL Turnaround?

    Reply Quote
    I was soooo close to ditching my beloved Apples, but in the last couple of days the smell of a turnaround is in the air. AAPL almost hit 130 this morning. What do you guys think?
    • Will they sell 10 Mio iPhones this year?
    • Is there enough other exciting stuff in the product pipeline to steer the stock towards 200 again?

    One of my thoughts is to explore their supply chain more and see who could benefit from a potential upswing. Like Infineon Technologies (IFX) for instance. This German chipmaker likely will be supplying the new systems to the next-generation iPhone, UBS analysts told clients.

    http://ilounge.com/

    Either way, I just ordered a new MacBook Pro, and I'm holding on!

  •  02-28-2008, 2:49 PM 24326 in reply to 24324

    Re: The Smell of AAPL Turnaround?

    Reply Quote
    Unfortunately, the price of a company's stock has little to do with the company.  As we all know, one piece of national news or international news, controls the direction of just about every stock out there.  If one of the DOW 30 companies puts out a report of strong quarterly earnings, AAPL will go up and vice versa.  If a big bank writes off more mortgage loans, AAPL will go down.  There is no way to tell if AAPL will see $200 a share based on AAPL alone.

  •  02-28-2008, 2:53 PM 24328 in reply to 24326

    Re: The Smell of AAPL Turnaround?

    Reply Quote

    Loving it right now.  I have 100 contracts for a call option of Apple at 3.37/option.  Selling the 100 contracts for 8.50/option!!!  Very very good day today!

    soo, 10,000 options at 4.63profit each = 46,300.00 in the money :)

    Happy trading folks!

    Riddle Stock

  •  02-28-2008, 4:38 PM 24339 in reply to 24328

    Re: The Smell of AAPL Turnaround?

    Reply Quote
    RiddleStock:

    Loving it right now.  I have 100 contracts for a call option of Apple at 3.37/option.  Selling the 100 contracts for 8.50/option!!!  Very very good day today!

    soo, 10,000 options at 4.63profit each = 46,300.00 in the money :)

    Happy trading folks!

    Riddle Stock

     

    Wow.. nice one!

  •  02-28-2008, 8:59 PM 24360 in reply to 24324

    Re: The Smell of AAPL Turnaround?

    Reply Quote
    All I know is that I'd rather buy a new Mac for my parents instead of making them deal with Vista.   As long as Microsoft continues to stumble, the growth story for Apple might actually make it.

  •  02-29-2008, 9:15 AM 24388 in reply to 24360

    Re: The Smell of AAPL Turnaround?

    Reply Quote
    zecco-jon:
    All I know is that I'd rather buy a new Mac for my parents instead of making them deal with Vista.   As long as Microsoft continues to stumble, the growth story for Apple might actually make it.


    Now that is an interesting perspective!!!


    Good Luck,
    Scott
    S&P 500 Trend
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