oh Darn the Luck ! ! !

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!#$@@$#!

"Do not fear mistakes. There are none."

Miles Davis

SHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!

If you jinx us, we will all come looking for you.

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You can tell a lot about a woman by her hands...
- For example, if they are wrapped around your throat she's probably slightly upset.

It's destined to go to $600, and I say this with some certainty because I sold 6 months ago, while it was falling, at roughly $400. lt rises meteorically to mock me.

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Le poète doit vivre beaucoup, vivre dans tous les sens. - Verlaine

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Ombligo
SHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!

If you jinx us, we will all come looking for you.

+1

Gotta love the insane analysts. Morgan Stanley's Katy Huberty is calling $960. by next year!

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“There is no greater calling than to serve your fellow men. There is no greater contribution than to help the weak. There is no greater satisfaction than to have done it well.”

- Walter Reuther

I would cordially hate you all, but we DID buy some at $400, thinking it was an absolutely insane move.

I'm always wishing I'd bought more... that's the natural reaction, of course...
I'm also regretting selling three shares last summer to "balance" my portfolio a little better.. The stocks I bought with the proceeds are up 10% since then. The AAPL I sold would have been up more than 50% (I think).

Up until the last couple days, I've been thinking it wouldn't be wise to put more money in AAPL given my relatively meager portfolio is already so heavy in it...
Now I'm second guessing that...

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Paul F.
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A sword never kills anybody; it is a tool in the killer's hand. - Lucius Annaeus Seneca c. 5 BC - 65 AD
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Good is the enemy of Excellent. Talent is not necessary for Excellence.
Persistence is necessary for Excellence. And Persistence is a Decision.
--
Eureka, CA

Sorta reminds me of the housing market where the prices were going up so fast that I had to get in before I was priced out of ANY house. Of course we know that didn't last. How much different is AAPL than the housing market of 2005-2007?

At what point will it no longer be considered "cheap". The PE was about 12.7 just after the last earnings were announced, and now it's up to around 16.6. Is it still "cheap"?

I sent a note to my investment advisor suggesting that I was considering liquidating my entire portfolio and buying all Apple with to hold for the the next six months.

I like when he hyperventilates.

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You can tell a lot about a woman by her hands...
- For example, if they are wrapped around your throat she's probably slightly upset.

I spent about an hour in Starbucks today and took an admittedly unscientific visual poll of Windows vs OSX/iOS users. Of the 10-11 people who were on computers, 6-7 were using Apple devices. About half of the customers were female, and every one of them was using an Apple product.

This leads me to make 2 observations:

Women are smarter than men when it comes to choosing computers and mobile devices (present male company excluded, of course).

The Apple "Ecosystem" effect is really starting to pay off.

I am Bullish on APPL because Apple has the potential to duplicate this trend in every country that it sells in. I suspect Apple's world market will eventually dwarf the U.S. market.

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Be yourself; everyone else is already taken. — Oscar Wilde

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mikebw
Sorta reminds me of the housing market where the prices were going up so fast that I had to get in before I was priced out of ANY house. Of course we know that didn't last. How much different is AAPL than the housing market of 2005-2007?

Very different. Apple's valuation is based on fundamental financial measures, not speculation.

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GGD
At what point will it no longer be considered "cheap". The PE was about 12.7 just after the last earnings were announced, and now it's up to around 16.6. Is it still "cheap"?

The S&P 500's P/E average ratio is currently 23.2. For the last decade it was 20.2. In what universe does the world's greatest corporation not warrant at least an average P/E ratio?

[www.multpl.com]

Summary: You're damn right it's still cheap.



Edited 1 time(s). Last edit at 03/14/2012 02:09PM by Article Accelerator.

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Article Accelerator

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mikebw
Sorta reminds me of the housing market where the prices were going up so fast that I had to get in before I was priced out of ANY house. Of course we know that didn't last. How much different is AAPL than the housing market of 2005-2007?

Very different. Apple's valuation is based on fundamental financial measures, not speculation.

That seems to make sense, but the stock market is not tangibly based on anything except hopes, worries and fears. If we all keep hoping that Apple will do well then AAPL will do well. If anyone begins to doubt it then AAPL might take a hit. Not that I expect that or want that to happen, but there is no direct physical link between stock prices and company performance, as we have all seen in the past.

Volume over 50 million today! Wow.

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Thousands of candles can be lit from a single candle, and the life of the candle will not be shortened. Happiness never decreases by being shared. - Buddha...

anthonysalvo.com