Tax Season is Here! Save 15% on H&R Block Online
iconAll times are GMT -4. The time now is 05:20 AM. | Search:

» StockRants Stock Forum » Public Stock Forums » US Stock Picks » Short: Apple in my opinion



Reply
 
Thread Tools Search this Thread
Old 12-16-2012, 09:46 AM   Nav to Top  #1
garyinvesting
Junior Trader
 
garyinvesting's Avatar
 
Join Date: Dec 2012
Location: New York, NY
Posts: 12
Favorites: AAPL, DDD, IDCC
Rep Power: 85
Reputation: 29
garyinvesting is on a distinguished road
Default Apple in my opinion

AAPL.png

Apple, Inc (NASDAQ: AAPL) I know Apple has a lot of cash and good fundamentals but potential growth in the future accounts for the most under DCF, Gordon and various different models. Obviously, there is fear that Apple will be or even is ALREADY experiencing deteriorating growth. Many companies are now cutting estimates on its Q4 EPS projection. AAPL is now trading with roughly 3x P/B ratio and 11x PE ratio. Some say it is a good bargain but I think chart never lies. On Friday, Apple has broken below its long term WEEKLY uptrend and kept trading below it for the whole trading day. Centerline of MACD crossed below 0 last month. Hey! It's a weekly chart crossing below. I don't think it is that much of a good thing, neither a good timing for fundamentalist to entry now! Plus, it is now trading below weekly MA(50). I still short APPL and has a new target of $450 before 2013.
__________________
My Blog:
http://gary-investing.blogspot.com

My Twitter & Stocktwits:
GaryLee_HK
garyinvesting is offline   1 thumbs up / 0 thumbs down. Rate this post Yes | No Reply With Quote
Old 12-17-2012, 10:20 AM   Nav to Top  #2
rmartish
Junior Trader
 
rmartish's Avatar
 
Join Date: Dec 2012
Location: San Diego
Posts: 12
Favorites: AAPL, RHT, IBM
Rep Power: 84
Reputation: 10
rmartish is on a distinguished road
Default

I would have to agree with you. Apple is not going up for the foreseeable future. I think that between the downgrade by analysts and it losing patents cases: "The jury found that Apple's iPhone infringed three patents related to mobile-device technologies owned by MobileMedia Ideas LLC. Two of those patents came to MMI from Nokia and the third from Sony." Apple will be going down for awhile.
__________________
Get 3 Free trades at Scottrade when you sign up:
Enter Code: CGPN7462
rmartish is offline   1 thumbs up / 0 thumbs down. Rate this post Yes | No Reply With Quote
Old 12-21-2012, 03:04 PM   Nav to Top  #3
garyinvesting
Junior Trader
 
garyinvesting's Avatar
 
Join Date: Dec 2012
Location: New York, NY
Posts: 12
Favorites: AAPL, DDD, IDCC
Rep Power: 85
Reputation: 29
garyinvesting is on a distinguished road
Thread Starter
Default

I think the infringement is little thing. The big thing is Apple is really showing exhaustion on chart + possible slowing growth. Q4 report will be mad important to the market expectation on Apple.
__________________
My Blog:
http://gary-investing.blogspot.com

My Twitter & Stocktwits:
GaryLee_HK
garyinvesting is offline   Rate this post Yes | No Reply With Quote
Old 12-22-2012, 02:28 PM   Nav to Top  #4
rmartish
Junior Trader
 
rmartish's Avatar
 
Join Date: Dec 2012
Location: San Diego
Posts: 12
Favorites: AAPL, RHT, IBM
Rep Power: 84
Reputation: 10
rmartish is on a distinguished road
Default

I would have to disagree with you on the infringement being a little thing because patents are what makes Apple or for that matter any company. Its the core of the business.
__________________
Get 3 Free trades at Scottrade when you sign up:
Enter Code: CGPN7462
rmartish is offline   Rate this post Yes | No Reply With Quote
Old 01-30-2013, 08:52 AM   Nav to Top  #5
garyinvesting
Junior Trader
 
garyinvesting's Avatar
 
Join Date: Dec 2012
Location: New York, NY
Posts: 12
Favorites: AAPL, DDD, IDCC
Rep Power: 85
Reputation: 29
garyinvesting is on a distinguished road
Thread Starter
Default

I was right on this analysis. The next one going down is NVDIA in my opinion



After NVDIA Corp. (NASDAQ: NVDA) broke below its short term uptrend in the first week of 2013, it has bounced back to $12.690 level and testify its break below. After yesterday's drop (2.14%), it seems that a downtrend has begun. I would not be a bad idea to short NVDA and put a stop at $12.70.
Attached Images
File Type: png nvd.png (57.4 KB, 1 views)
__________________
My Blog:
http://gary-investing.blogspot.com

My Twitter & Stocktwits:
GaryLee_HK
garyinvesting is offline   Rate this post Yes | No Reply With Quote
Reply

Tags
AAPL, Apple, Technical Analysis

Similar Threads
Thread Thread Starter Forum Replies Last Post
Apple jsharpe22 Trading Questions 2 12-14-2012 12:24 PM
Apple Executives Cash in Over 1 Million Shares of Apple Stock zippy Rumors & News 2 06-16-2010 02:26 PM
Buy: TEVA what's your opinion crazybull US Stock Picks 2 01-21-2010 07:16 PM
Opinion on BNK SKATE Traders Lounge 2 05-13-2009 08:55 AM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On