Early Weekend Update!

• Mav

  

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  • Member Since: 2003-10-16
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  Posted: 22 April 2011 12:01 AM

  All things considered, feeling pretty positive about AAPL until the rebalancing the week after next. 

  Apple is almost insanely cheap.  The hedgies/shorts tried very hard to make AAPL free fall (really, they have since October), but their efforts keep failing while AAPL continues to gain strength and popularity.  Yes, there was a kinda Black Swan event or two and a torrent of FUD, but AAPL hung in there, and Tim Cook decisively blew up the supply chain rumor.  Not to mention every investor who leaves home on a regular basis sees iPhones (typically the 4) friggin’ _everywhere_ (I know I sure do). 

  How will the struggle play out next week?

  News update:  Surprise surprise.  Samsung countersued Apple.  A whole bunch of more nothing playing out over months and months, with legal fees paid off the rounding errors from the interest on Apple’s cash hoard.

  [ Edited: 22 April 2011 12:14 AM by Mav ]

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  The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
  AFB Night Owl Team™
  Thanks, Steve.

       

• Mav

  

  • Total Posts: 14454
  • Member Since: 2003-10-16
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  Posted: 22 April 2011 12:39 AM #1

  Actually, it’s usually just plain “Weekend Update”, but the trading holiday changed things.  I can’t blame you, I haven’t followed SNL in some time either.

  Your thoughts on AAPL trading next week?

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  The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
  AFB Night Owl Team™
  Thanks, Steve.