Apple breaks $177, closes at record high $176.42

9 Comments

  1. David Emery said:
    Fell back to “only” $176.72.

    It’ll be fun to see whose targets are under water at the close of 2017.

    2
    December 18, 2017
  2. Gregg Thurman said:
    “Meanwhile, short interest in Apple is approaching record lows.”

    I respect that the ‘shorts’ set a bottom (support) for AAPL, but I still don’t like them.

    Since November earnings (30 of 59 trading days this period) AAPL is up (on average) 55.98% YoY. Applying that average to December quarter 2016 intraday high ($122.44) and you get $190.xx by January earnings 2018. My model indicates an intraday high of $185.xx by January earnings. Just saying…

    2
    December 18, 2017
  3. Doug Montgomery said:
    Expect that CNBC will roll out Doug Kass with an Apple short position any day now. He”ll claim no innovation and that the Homepod delay means it’s going back to $135

    4
    December 18, 2017
    • Scott Davis said:
      Darn. I had essentially forgotten about that schmoe. Yeah, it’s probably about time he crawls out from under his rock. Yes, AAPL is eternally doomed!
      – Dr. Scott

      1
      December 18, 2017
  4. David Drinkwater said:
    Hey, PED, do you have any insight into who or what these things are where an article title appears as a “username”. I think I show up as “me”. I think these other “things” show up as “things”, and devoid of any responsibility for their words (AKA trolls).

    And this one does not even get it’s quotation right. No-one is really in need of an analyst, and even moreso, no-one is in need of an analyst’s downgrade.

    Can we make these pests disappear?

    0
    December 20, 2017
  5. Are you referring to the comment just above yours? These are “ping backs’ which WordPress asks me to approve. I think maybe I should stop approving them.

    0
    December 20, 2017

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