AAPL Intraday Updates - Archive

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    Posted: 25 June 2012 11:51 AM #31

    Good Morning Boys and Girls

    After paying my main bills, I managed to get a little cash and went ahead and bought less then half a hand full of stock at $574.74.  Anything under $580 at this point let alone $575 is a real bargain.  I may be able to buy a little more by end of the week.

    We are simply following the market.  Good buying opportunity.

    Not worried at all.  There are three weeks left before earning so we should see one more strong move up before giving some back.

         
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    Posted: 25 June 2012 12:09 PM #32

    tradervic21 - 25 June 2012 02:42 PM

    Incorrect.

    This quarter ends Sat June 23rd.

    Earning will probably be released Tuesday July 17th, before option expiration.

    95% sure…

    That would only be a 12-week quarter.  June 30 would be the end of the quarter as it would be the 13TH week.  Would prefer your scenario though, but will not happen.

         
  • Posted: 25 June 2012 12:16 PM #33

    tradervic21 - 25 June 2012 02:42 PM

    Incorrect.

    This quarter ends Sat June 23rd.

    Earning will probably be released Tuesday July 17th, before option expiration.

    95% sure…

    Wrong. Try again.

    Edited to say I didn’t see Max caught this error already.

         
  • Posted: 25 June 2012 12:17 PM #34

    Apple used to close the quarter on the 4th Saturday of the month but they did not do that last quarter for some reason.

    So yes, that being the case, looks like Apple went off the 4th Sat close.  I retract my guess.

    My bad

    :(

         
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    Posted: 25 June 2012 12:48 PM #35

    rickag - 25 June 2012 12:55 AM

    Clueless.  A $46 earnings @ a P/E of 13 makes AAPL about $600, and @ 13.5 makes AAPL about $620.

    At $600 with the TTE of $41 the P/E would run up to 14.6, and @ $620 the P/E would have to run up to 15.1 before earnings.

    I’m new to this but would put the highest run up to earnings @ $620, with a chance of a short pull back before the run up.

    On further review, if I use Horace Dediu’s earning estimate of $11.54 for this quarter then TTE earnings becomes $44.76 after earnings report.
    Then
    At $44.76 earnings a P/E of 13 would mean AAPL would be about $581 and @ 13.5 = APPL about $605. 

    If Apple reports $11.54 in earnings, I could see Wall Street punish AAPL back down to a P/E of 12.5 or even 12 and we revisit the $530s or $550s.

    I sure hope Horace Dediu is wrong, but just in case I am saving about 50% of my account in cash and stock to weather any storm.

    Signature

    Waiting to be included in one of Apple’s target markets, but I still own an iPod, iPhone and iMac and APPL stock.

         
  • Posted: 25 June 2012 04:17 PM #36

    June 30 is end of FQ3 2012 per Apple Investor Relations.  100% sure :wink:

         
  • Posted: 25 June 2012 04:30 PM #37

    I sold 10 shares of AAPL and bought 50 August 700 Calls for $1.00…hopefully I’ll sell half for $2 and let the rest run up until earnings.  That’s the game plan anyways…

         
  • Posted: 25 June 2012 04:57 PM #38

    Mercel - 25 June 2012 07:17 PM

    June 30 is end of FQ3 2012 per Apple Investor Relations.  100% sure :wink:

    So if this is qtr end do we know the date for earnings announcement or are we still guessing that it is either the 17th or the 24th?

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    Keep Calm and Carry On

         
  • Posted: 25 June 2012 05:00 PM #39

    Its Deja-Vu all over again…. 2008 is back !!!  rolleyes

         
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    Posted: 25 June 2012 05:01 PM #40

    Phoebear611 - 25 June 2012 07:57 PM
    Mercel - 25 June 2012 07:17 PM

    June 30 is end of FQ3 2012 per Apple Investor Relations.  100% sure :wink:

    So if this is qtr end do we know the date for earnings announcement or are we still guessing that it is either the 17th or the 24th?

    We don’t know. But it’s probably the 24th, because they usually take that much time between the end of the quarter and announcing earnings.

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    The only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. — Steve Jobs

         
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    Posted: 25 June 2012 05:02 PM #41

    It’s up to Apple’s schedule. 

    We’ll all probably get the answer within a few days of quarter-end.

    Meanwhile, we look to the next level of AAPL support, in the 560s somewhere?

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

         
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    Posted: 25 June 2012 05:14 PM #42

    thealct - 25 June 2012 08:00 PM

    Its Deja-Vu all over again…. 2008 is back !!!  rolleyes

    ???

         
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    Posted: 25 June 2012 05:41 PM #43

    thealct - 25 June 2012 08:00 PM

    Its Deja-Vu all over again…. 2008 is back !!!  rolleyes

    On this day in history… June 25, 2008, AAPL P/E was over 36.

    36!

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    The only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. — Steve Jobs

         
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    Posted: 25 June 2012 05:45 PM #44

    Daily:

    Upper BB = 589.19
    EMA-13   = 576.65
    SMA-20   = 574.77
    SMA-50   = 573.69
    SMA-100 = 565.09
    Lower BB = 560.35

         
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    Posted: 25 June 2012 06:17 PM #45

    AAPL HUGS & KISSES CHART:

    Resistance levels in red.  Support levels in green.  Yellow is a flip-flopper at the moment.

    Break through one, target the next one.  Fail to break, turn around and repeat in the other direction.

    Some people like to buy at support and sell at resistance.  Others like to buy on breakouts above resistance.  Others sell on breakdowns below support.  Use this roadmap to figure out where YOU would buy and sell.