Hope you close your position by yesterday. If AAPL drop to 550 i will throw everything I have at it and hold for long term as it will hit single digit forward PE at 550 price.

I believe the consolidation period ended yesterday when the stock rise back 5%. I expect a blowout QE next Tuesday therefore there will be more upside till next week.

Analyst consensus EPS is at $9.94/share

Let's play some crystal ball game here. I am prediction AAPL will make 44.342 Billion in revenue.

Sales
4.7 million units of Imac
9.7 million units of ipod
40 million units of iphone
11.8 million units of ipad

Last quarter AAPL has a 28% net profit margin which is mind blogging. I am sticking with 26% which will return a 11.53 Billion of Net profit
Outstanding shares will be around 930million of shares which will bring my estimated EPS to $12.39

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Added on April 18, 2012, 6:26 pmBtw, anyone knows any platform that can trade pre market and after hours??

Also any way to buy an IPO? Am considering facebook IPO but depending on the price.

This post has been edited by pinkdevil88: Apr 18 2012, 06:26 PM

KE trade?

The PM (PreMarket) and AH (AfterHours) trades are not platform specific but broker specific. Most US based brokers allow PM and AH trades.. just look for them in your trading tools.

I'm using OptionExpress, ScottTrade, MBTrading and TD Ameritrade... all four brokers have them for their customers.

By the way, I don't like to trade After Hours because the price spread sometimes are ridiculously wide.. makes no sense to trade that way.. morning volatility can swing you on the other side, making you loss on the best price.

Anyway, good luck and happy trading!

This post has been edited by danmooncake: Apr 18 2012, 10:28 PM

Dan, don't mind if I ask, why do you need so many brokers?

current gambling call options position +138% and not even 1 month
disca $2.80 now $4.6 +64% forward PE 15.58
bwld $7.10 now $6.8 -4% forward PE 21.72
sxci $10 now $17.3 +73% forward PE 28.74
lulu $19.20 now $16.9 -12% forward PE 35.82
dltr $12.16 now $14.1 +15% forward PE 17.42
tsco $98.50 now $99.29 +0% forward PE 23.37
hlf $68.74 now $70.25 +2% forward PE 17.01

single digit forward pe means not enough roket fuel & I love gap up
wil the bull eat 'medium rare' bear steak along with cake as appetizer & apple as dessert stay tuned, I also no idea

I play BOTH ways... SHORT and LONG.
So, I can hold SHORT and LONG position for same stock in different account.

no sir, u cannot buy IPO directly.
you need to buy via proxy ie via Investment Bankers like JP Morgan alike. Then again, the minimum entry is very high. 1m US$ as min, depending on the stock offering.
some will have a no-sale clause to foreigners.

Goldman Sache's target price for AAPL - $750

AAPL: Goldman Raises FYQ2 View on iPhone, iPad; Ups Target to $750

99.9% of the trade done by big sharks.
Before this was what, $800??

What's next after i -Pad, POD, Phone? No new invention(s).

I-tv
I think they want link all their technology phone to tv to laptop to tablet.
Some of the people buy it simply because of "fan" based consumer spending.
What they trying to do is what microsoft had done, try to lock their user with all the familiarity of apple software/ mac etc...

Just my nooby opinion.

i-TV is infrastructural framework is already there. I mean inventions [idea stealer] like i-Phong and i-paddy .
its also nothing extra ordinary, infact if you are familiar with HTPC, then its the same sh|t.

No doubt as what u said is valid , which is the FAN will just buy whatever gadget (although its recycle) from Apple.

zaman, I agree that their products aren't really extraordinary. the fact that samsung beats iphone in terms of performance and price is a good example. I'm not a fan of Apple products either but the public perception is the one that is hard to change. The thinking of Apple products looking "cool" is not something that can be changed overnight.

I hate to say this but you have not research much about the company and the product before commenting. You will know who stole the idea of IOS and mobile patent if you follow the lawsuits AAPL and Oracle is involved in.

SInce you are such an AAPL hater. Why Dont you try to short AAPL? or load up some Put calls? Put your money where your mouth is! The sooner the better. Next Tuesday will be the earnings date for AAPL, do it before its too late.

800 price before end of the year is possible. In fact in case of a bull run. I am up to a 4 digit valuation. A $50 EPS with a 20 PE ratio will seal it.

AAPL products command a premium compare to their competitors because of the ease of use and the ecosystem. No doubt spec to spec there are cheaper products out there compare to the iphone but iphone is the only product that could command such a premium.

AAPl has a gross margin of 40% and net margin of 25%. Please show me another electronic company which has the same margin.

You are right regarding who was copying from who. On many aspects, Apple was the original while others copied from it.

However, I were having same thought as yours before wondering why Apple was traded at such low PE. After seeing how badly hit HP, Sony, Panasonic (and the older Nokia) were, I guess there is a valid reason for it. Technology business is just among the highest risk business. Anytime, a wrong decision or even just an unexpected judgement can put a company to deep shit. It's so attached to consumer sentiment and mostly purely the mysterious "trend".

Agreed.
But the fact that is, most of my friend from especially from western countries are too bias toward Apple product. I don't think any extra ordinary from their product too . But no doubt their marketing strategy is one of the best in the world.
reach $700 or $750 i dunno. but quite possible if u ask me.

Not necessary. Look at Amazon, their PE is 139.39 and this has continue for years so I believe their PE is sustainable. the investors has confident that amaon will make future profits to justify it. But this is one stock i would not touch.

Examples you gave HP, sony, Nokia and RIMM are all making losses or their revenue has been shrinking. Therefore their PE justify their position.

AAPL is the only company that has revenue and earnig growth over 60% YOY. Yet is trading at such a low PE. In fact their forward PE is less than 12.

The only concern of the investors is whether AAPL can continue this exponential growth since they are gettting so big.They hit 600B cap two weeks ago when the share price hit 640, the first time since microsoft has a 600 B valuation during the dot com bubble.

AAPL is trading at 587.44 yesterday. grab it while you can. It wont be at that level for long. Quote an analyst, AAPL at 580 is like Christmas in April!

You can never predict the bottom, AAPL can drop further depending on the broad market sentiment but if you are in for the long term this is a very tempting price.

I agree that, in the next 1 or 2 quarters, AAPL price will continue to defy gravity. Apple just started to sell CDMA iPhone in China this year, and we expect it to do really well. But on longer term, Apple's success will hinge on whether it can regain the lead in smartphone technology, and whether iTV will be a hit.

Now, people expect Apple to launch iPhone 5 (or new iPhone) in June. But there are also rumors which say that iPhone 5 will only be launched in October. If that turns out to be true, I expect Apple to lose market share, at least in America. Also, many potential buyers want a larger display. But for some reasons, Apple may stick to the same old 3.5" display.

since dog jones not above 13300, means the bull not yet fully eaten & digest 'medium rare' bear steak
whether cake become crumbs or apple become freshly squeeze juice? it depends how hard the bears work overtime come on bears the majority forumers here support u guys its ok as long as all is making duit

My current gambling positions +222% & not selling for s/t gains. stay tuned as the bears hope it crash
disca $2.80 now $4.6 +64%
bwld $7.10 now $6.2 -12%
sxci $10 now $25.9 +159%
lulu $19.20 now $15.8 -18%
dltr $12.16 now $15.1 +24%
tsco $98.50 now $99.46 +0%
hlf $68.74 now $72.32 +5%

anyway, for those newbies wondering why the 13k still holding
http://finance.yahoo.com/news/earnings-fed...-215428335.html
Nearly 180 of the S&P 500's components will report earnings next week, and heading into a seasonally weak period, the market will need strong reports to offset the perception that there's no more room to rally.

Analysts see double-digit earnings growth for the S&P's financial and consumer discretionary sectors in 2012, with industrials close behind. All three are cyclical growth sectors, while sectors that tend to lead at the end of a growth cycle and before corrections are expected to slow.

Kenneth Fisher, the billionaire investor who oversees $43 billion at Woodside, California-based Fisher Investments Inc, said the current economic environment was "as beautiful as I have ever seen it," and that 2012 would be "a super big year" for equities.

So far, with 23 percent of S&P 500 companies having reported results, more than four-fifths have beaten expectations, topping consensus forecasts with an average surprise factor of 8.8 percent. Profit growth in this quarter has been up 6.2 percent, according to Thomson Reuters Proprietary Research.

Pink,
U forget that 99.99% apple trade are done by MM, FM.
Good slide, as fund managers are selling to lock in profit. Yes, nobody can predict TOP or BOTTOM. Its a given, we are not just started to trade here

572.98 -14.46 (-2.46%)

Still, i will not by apple at this level because dollar to dollar return is way smaller than others like LVS. Try to compute, say with $3000 cash.


This post has been edited by zamans98: Apr 21 2012, 12:07 PM

this is neither a buy, hold, sell nor short recommendation on aapl

those who uses 50dma or 200 dma as support or resistance line. u can see where aapl stands, no need explanation


here is some lesson for any newbies out there

1) http://kurtishemmerling.suite101.com/how-t...selling-a170092

How to Spot Institutional Buying and Selling
The Secret of Timing Trades With Institutions

Nov 15, 2009 Kurtis Hemmerling

Most investors would love to trade with Warren Buffet. By following changes in institutional ownership a trader can do just that. Here are the steps how...

It makes sense to time stock purchases and sales with the ‘big money.' These financial giants have heavy financial clout! Hitching a ride on their trading bumper will generally translate into dollars and cents.

Institutions are Accumulating Which Stocks?

Institutions need to keep their purchases quiet so as to quietly accumulate shares at the best possible price. One tactic to maintain a good share price is to buy shares on market down days. Or they may buy a certain amount of shares and then sell a portion to drive the price back down. Once they have accumulated the desired amount, the institution may quickly drive the price up with a large purchase to notify other investors that it is time to trade.

A reduced float with increased buying will lift the stock nicely. To find out which publicly traded companies institutions have been heavily investing into last month, investors can use the MoneyCentral link

Selecting the Right Stock

Illiquid and low capitalization stocks usually have increased volatility which raises risk. Among the stocks listed at MoneyCentral as having increased institutional support, traders should generally pick the ones with 100 million market capitalization or more. Also, many will choose to weed out the stocks that are below five dollars per share.

Following Institutional Trading with Precision Timing

If an investor simply bought shares based on the provided institutional ownership list, he may be disappointed. Buying wantonly even with good stock picks is not recommended because the profit boat may have already left the dock. Purchasing shares at inflated prices is not a wise strategy even when following the market giants.

These are simple Do Not Buy If rules:

• The boat may have left if the stock rocketed up 20% or more in the last few trading days.

• Share price should be within 20 to 25% of the 50 day moving average.

By using this link and entering in the desired stock from the MoneyCentral institutional ownership list, investors will be able to see if the share price is close to the 50 day moving average. The red line is the 50 day moving average and the blue lines represent a 20% envelope above and below the average. When the price is far above the upper blue line, a wise trader will wait for a better entry point.

Sell the Shares When This Happens

There are a few different signals to bail on a trade. These are some easy to follow exit rules:

• When the share price drops ten percent from his purchase point, the investor should sell.

• If net institutional selling occurs, the investor should likewise liquidate his position.

• For a profit point, the trader could have a trailing stop-loss of five to ten percent.
Trading With the Institutional Giants Strategy

The investor who follows institutional support can profit from having a heavy hitter on his side, without the liquidity problems large firms may have. The key is to pick the right stock early on, and expertly time the purchase and sell orders to maximize gains. As is true with all strategies, problems do occur, and having a stop-loss in place will keep wise investors trading for a very long time to come.

2) http://finance.yahoo.com/q/it?s=AAPL+Insider+Transactions
izit increasing or decreasing
Net Institutional Purchases - Prior Qtr to Latest Qtr Shares
Net Shares Purchased (Sold) 110,648
% Change in Institutional Shares Held 0.02%

3) http://finance.yahoo.com/q/mh?s=AAPL+Major+Holders
are their reported date consider quite new or many moons ago?