I maintain that AAPL intrinsic value is higher than the price traded at the moment and it is just a matter of time when the market realised this value. The market just could not go through the psychological barrier of paying USD570 for one stock.

I am very confident going into earnings day on Tuesday that AAPL will beat market expectations.

Instead of coming here blowing hot air everytime when AAPL takes a dip and go into hiding when AAPL rise in value, why dont you short some AAPL? that would lend some credibility to your allegations against AAPL.

I think you learn something which is called relative return instead of looking at the absolute return. Why $3000 and not $4000 or $5000? To make things simple let's just say we need to look at the Return in terms of percentage.

come on zamans98, heat up this fight with short or puts option. the market, cake & apple is on your side

http://www.bloomberg.com/markets/stocks/futures/ since many news will be out in this few weeks

You are very confident (which is a NO BRAINER, 99% of investors knows), but DO remember that NOT not only GOOD earning what investors (MM) are looking at, but forward projection as well. Price of whatever stock today is "forward projection" of the company, not what it stands as at NOW.

I shorted it via OPTIONS (PUT May) @ 650 last week and its earning NICELY right now. No need to shout whatsoever, the old forumer knows me.

since my cash is super limited, I only took 1 PUT Option, not 3 as I normally do.

---

Added on April 23, 2012, 6:58 pmhaha, no bro, its not a FIGHT, its a discussion.

Pinkish devil may have some good points so do I. Everyone have different view of a an investment, that's what makes its interesting.

Today I found a piece of news that supporting what I been saying last few discussions.

http://www.businessweek.com/news/2012-04-2...owth-to-slacken
Those came from head of investment group, that are managing BILLIONS of dollars, not puny investors like us here.

Since 99.9% of trade are done by MM, do listen to them.


This post has been edited by zamans98: Apr 23 2012, 06:58 PM

we are here not to ask for proof of records or whatever
but it is highly unethical to state you short or bought last week
u should just have posted it last week, then it would have been more credible

might as well I say and posted now, I also shorted dow and apple on friday just before closing
its not shouting or whatsoever, but its more for the newbies to pick up & learn some skills
for the aapl fight, I am with pinkdevil88. but reentry points should be at 50dma, in between them or at 200dma itself

anything below 200dma is a bonus. we'll see how its blowout earnings pit itself against the trend of the market

The shorts are working out nicely!! Oh yeah.. baby.. I love the smell of money.

haha, chillax. Apple or orange, its your call, if makes money ain't u going to share with me, a'right?
What I trade I will not share it via screenshot, unless I know the person.

I can share what I have in my portfolio:

DANG - long -best performer
YOKU long
BAC Short
BAC options strike 9.00
Apple Options put 650
MU - LONG worst performer
RENN Long
LVS Long
DELL short

Zamans - You have made good call for playing DANG! Congrats!
I've been tracking it..but didn't participate. Good volatility indeed.. lots of players. Skynet took notice, now on its auto-trading system. Going to the roof soon.

This post has been edited by danmooncake: Apr 24 2012, 02:25 PM

My current gambling positions +174% bulls make money, bears make money, only pigs get slaughter
disca $2.80 now $4.7 +67%
bwld $7.10 now $5.4 -24%
sxci $10 now $22.6 +126%
lulu $19.20 now $15.2 -20%
dltr $12.16 now $14.7 +20%
tsco $98.50 now $99.41 +0%
hlf $68.74 now $72.69 +5%

zamans98 aapl, bac, dell, mu gonna be a quick swing trade (not suitable for options) to resistance level

aapl $600 can exit. if u shorted, prepared to be shortsqueeze & I just watching the fighting movie between u two


dell $16.75 can exit, maybe I buy shares to gamble up when the market opens


bac $9 can exit, maybe I buy shares to gamble up when the market opens


mu $7.5 can exit, maybe I buy shares to gamble up when the market opens

hey, looks like your gambling portfolio are amazing.

Apple is best to trade Options, very healthy volume and very active. It also can make or break u quickly.

MU, DELL - not recommend for options. Slow.

BAC is also slow but better take the future years OPTIONS, ie in Q1 2013.
For me, I'm looking at BAC $12 by year end.
Right now she's at 8-10$ range.

Will hold onto my APPLE PUT depending on the result. Pre-market down again..

Apple doubles quarterly profits, stock rises 7%...

Nice.. time to sell into the pop tonight to lock in some profits.

My current gambling positions +97% no more 100% gain, can't win them all and shit do happens
disca $2.80 now $4.1 +46%
bwld $7.10 now $3.1 -57%
sxci $10 now $22.1 +121%
lulu $19.20 now $14.05 -27% cut loss liao
dltr $12.16 now $14 +15% exited with puny gains
tsco $98.50 now $96.93 -1%
hlf $68.74 now $69.10 +0%
aapl $560 have to hold it a while as a shortsqueeze really can squeeze, maybe exit when sighted next doji
dell $16.18
bac $8.2
mu $6.52

zamans98, have to agree that options are for gambling, but with duit that one is willing to lose
I took up buy swing trades as per your position. but if it tidur for a long time, I will cut it rather than waste time
http://finance.yahoo.com/q?s=aapl&ql=1 Apple Inc. (AAPL) After Hours: 603.81 Up 43.53 (7.77%)

Been trying to read the forum to startup an account for trading in US Stock markets. Some points that i need you guys assistance

1) usually needs W-8BEN (Not sure how to fill up the tax obligation part, the US Tax number and all) form and passport copy

2) need recommendation on which platform to go. The one with best rates for non us-residents + ease of transaction, i.e. withdrawal and such

Please provide you feedback guys.

Thanks

i forgot about Q1, but Q2 :

use Just2trade.com in your case. There is no such thing as best rates for NON-US Residences, anyone in the world pays the same

Time to do some post mortem.

Actual AAPL Results for the Quarter 2 2012

Sales 39 Billion

4.012 million of Mac sales
7.67 million of ipod
35 million of iphone
11.79 million of ipad

Net profit 11.6 Billion
EPS 12.30

As you can see, AAPL didnt meet my sales prediction partly due to the shrinking US market. The verizon and AT&T data shows that the iphone activation in US is going down. However this is compensated with the international market.

What surprise me with last quarter result is AAPL margin. AAPL recorded a blowout 47% Gross margin and 29.5% of net margin. This also means that AAPL could record the amount of income and EPS i predicted with a less amount of sales. However i dont think AAPL can achieve this type of margin moving into next quarter due to the Ipad 2 and older iphone versions being offered at a lower price. But think about it, AAPL never fails to impress us everytime with its report, so we might see a surprise.

Looking at the sales prediction, I have over estimated the iphone sales and the ipod sales. ipod went down faster than i expected but that isnt a big concern. I am more concerned with the iphone sales. Next quarter iphone sales might slowdown due to the anticipation of iphone 5.

My previous model was built on the assumption a June release of iphone 5 and a ipanel in Q4 this year. Looking at the slim possibilities, i think chances are slim. Will need to rebuilt my model.

The share price closed yesterday at $610 is still relatively cheap based on the earnings and future growth of AAPL. For long term investors, this will be a good time to buy, it wont be at this level for long. Imagine, if AAPL could hit an all time high of 644, what could it do in the following weeks after investors fully digest last quarter report?

I am predicting a march to $700 within the next month. Until then I shall consider to take some of my profits and probably reallocate part of them to the shares. and gambling the rest on options with a higher strike price. 800 maybe?

Based on the report last quarter a $800 - $900 Year end TP is doable. Let's enjoy the ride up and sit tight!

This post has been edited by pinkdevil88: Apr 26 2012, 01:24 PM

Foreigners like us, capital gain and dividend made from US trading not taxable in US ?

This post has been edited by countdown: Apr 26 2012, 11:09 PM

Dividend is taxable. Most common option is to direct credit your trading account.

why need Div anyway? Its not much, the day range of a stock can make more than the 2-5 years divvy.

example. BAC 0.01x10000 = 100$
Today Range 8.17 - 8.40
Assume enter at 8.20 and sold at 8.30 x 10000 = $1000

thanks for your input. I got caught at 9.53 (330 units) for BAC . Still not good at data analysis...newbie....learning

This post has been edited by countdown: Apr 27 2012, 12:01 PM

I so happy with my performance for year 2012 and its not even june yet

My current gambling positions +204% back to more than 100% gain
disca $2.80 now $5.4 +93%
bwld $7.10 now $5.8 -18%
sxci $10 now $22.7 +127%
lulu $19.20 now $14.05 -27% cut loss liao, opportunity lost gone, now $16.05 -16%
dltr $12.16 now $14 +15% exited with puny gains, opportunity cost gone, now $15.2 +25%
tsco $98.50 now $97.52 -1%
hlf $68.74 now $72.23 +5%
aapl $560 now $607.70 +8%
dell $16.18 now $16.53 target exit $16.75 +2% enter for volume buying due to cheap, but not expect it to up much
bac $8.2 now $8.27 target exit $9 +0% enter for volume buying due to cheap, but not expect it to up much
mu $6.52 now $6.6 target exit $7.5 +0% enter for volume buying due to cheap, but not expect it to up much
dia $11.60 now $11.5 +0% http://forum.lowyat.net/topic/2027841/+700 Post #701

You are still looking at abosolute figure instead of Percentage. Good luck to you. Imagine if BAC announce a 100 to 1 reverse stock split and the share is now trading at 817 - 840

still holding to your thesis??