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Analysts Weigh in on Apple Earnings; 10-15 Points More Downside?
"I'm not buying AAPL here around $150" - 150 in this time still risky.
my post 3 week ago about drop to $150:
seekingalpha.com/artic...
still thinking AAPL have enough surprises for investors.
Apple's iPhone Biggest Consumer Electronics Launch Ever
finance.google.com/gro...
Is There an Unprecedented Demand for 3G iPhone?
By How Much Will Apple 'Blow Away' Its 10M iPhone Target?
Now long SNCR.
On May 30 01:04 AM bryanyc wrote:
> Personally I don't think there is going to be a jump and then dump
> in the stock. AAPL the stock is performing a little on the weak side
> the last week- which means that it has bumped up against what was
> considered to be its top value recently at around 190. So, I wouldn't
> play the sell just before the sell the news. That wasn't the way
> it happened with the last earnings report either. A good report:
> in the first minute the stock was up 10 points, then it dropped down
> some 18 points then wound up at about the same price in the after
> hours trading. The next few days it persistently rose higher. I think
> the big drop offs are done for awhile. What we are going to see IMHO
> is a slow, almost agonizingly slow, and gradual climb into the mid
> 190's- up a few, down a few, etc. with perhaps a few points of gain
> a week. By the end of the year we should make and hold 200 - 210.
> However, 2009 will be one of the most incredible years ever for Apple
> and AAPL though: 300 is in the cards.