When do you think AAPL will recover? I bought 75 April $800 call options today at $2.95

[bmw335xi]

@Roth:

11/29/2012

"I sold my $2.95 options for $3.20..."

Gain of 8.5%

Everything will be based on this earnings report. If we see $15/share I expect it to hit $800, so I'll load up on options. However, I own only shares now.

[RothSuccess]

IMO AAPL has been done since the Iphone 5, I have only been shorting it. There is a Head and Shoulders pattern on it on the daily time frame which puts a target of 300 on AAPL.

What you have to realize is that earnings have been decelerating for 3 straight quarters so what you are not going to see is very stong accumulation of the stock as you have seen in the past, you will probably get a Microsoft type of performance, flat forever.

You have too much working against you. If you want a good long term play with super high growth, which is what AAPL used to be go into DDD thats the best bet right now.

[RickTucsonHomes]

Originally Posted by RothSuccess

IMO AAPL has been done since the Iphone 5, I have only been shorting it. There is a Head and Shoulders pattern on it on the daily time frame which puts a target of 300 on AAPL.

What you have to realize is that earnings have been decelerating for 3 straight quarters so what you are not going to see is very stong accumulation of the stock as you have seen in the past, you will probably get a Microsoft type of performance, flat forever.

You have too much working against you. If you want a good long term play with super high growth, which is what AAPL used to be go into DDD thats the best bet right now.

Earnings release today. Down 53.00/10% to 460.00 in after hours trading.

[Mack Knife]

Originally Posted by bmw335xi

@Roth:

11/29/2012

"I sold my $2.95 options for $3.20..."

Gain of 8.5%

Everything will be based on this earnings report. If we see $15/share I expect it to hit $800, so I'll load up on options. However, I own only shares now.

Apple printed in the $450s today. There is no $800 to be soon anytime soon. If you really think it will now run back up nearly $400 per share quickly better hold on tight. Earlier I wrote about why Apple is headed back down to $350. It will get there before it goes to those $1000 targets some crazy people talk about.

There are some fundamentals that Apple relies upon that got broken by Amazon. There is nothing Apple can do about it. The Apple ecosystem isn't a necessary thing anymore. Apple's push into business has fallen flat on it's face. The tide has turned.

Expect some runs up but there are so many better choices for investment going forward, why go with Apple?

I predicted just a few days ago, a drop to 450 and here it is. 350 is coming too, just a matter of when. If Apple gets to 350 there will be so many investors selling out anything could happen.

[bluescityleon]

AAPL will be back! Average in, could be soft near term... Look at the RSI