Somebody started buying Apple yesterday

11 Comments

  1. Martin Beutling said:

    No matter who, but is was very well timed….

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    December 11, 2018
  2. Robert Harris said:

    Let’s hope they just keep buying

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    December 11, 2018
    • Gregg Thurman said:

      UP $2.38 in pre-market trading.

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      December 11, 2018
  3. Jonny Tilney said:

    Don’t think my buying had quite that effect… But there will be a lot of money to be made for those who are. I think the market wanted to see 160. Will they get it I wonder?

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    December 11, 2018
  4. victor castroll said:

    I’ve tried to give you guys some respite. and I always try and act like I’ve been there before. it’s one of the things earning a MBA at the University of Notre Dame taught me. but allow me to chime in here for those non-believers (read atheists?), of which I’m a card carrying member and flag holder. (non-believer of $aapl. I’m actually jewish. shalom)

    1. no body and nobody that is really buying $aapl wants you to know they’re buying
    2. you better hope 167.50 and 165 hold. if not, 160 here we come and you better hope that holds.
    3. perhaps some of you should have read about how to make an apple salad instead of drinking apple Kool-Aid. outside of bland and his negative cost-basis.

    as you were…

    ps – not that anyone asked but if anyone cares, $fb is the buy here…

    as you were, again…

    PS – i’m at tradervic at gmail if you’d like to have some non-judgmental back and forth

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    December 11, 2018
    • Rick Raphael said:

      I’d wager that the majority of commenters on this blog have a very low APPL basis (mine’s around $58). So, yes, we’ve been there and back before. These people are long term investors, not speculators and they’ve seen worse than this going back a decade or more. As WEB once said, “If you can’t stomach a 50% price drop you shouldn’t be in the market.” Some make their money on low risk option plays, not market timing technical action, a fools errand unless you want to do it full time.

      I have a friend who was, for a number of years, IBM’s European head of sales. I asked his advice (for my son) on taking an MBA shortly after college. He advised against it. Instead he suggested he get a good entry level job in a solid company and let the firm decide when he needed the advanced degree. Then the company would pay for it as a long term investment in him. Solid companies make wise investments with a long time horizon.

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      December 11, 2018
      • victor castroll said:

        if you think ibm is a solid company that’s made wise investments over a long term horizon, you’ve got bigger problems than a soon to be unemployed son.

        ps – i’m a speculator.

        pps – my c/b is $32

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        December 11, 2018

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