AAPL - Can't see the logic

jessejamesfin,

why do you listen to them? they dont even have time to trade because they have little reason considering their payed to talk gibberish on TV about a subject they dont know shit about. if they were good traders they wouldnt work for bloomberg. make your own analysis and listen to the bobble heads just to see what they are saying but never trade of them. trade of your own analysis. this game is competitive and no one is going to tell you which stock is going up. you must discover it yourself.
 
WebTrader said:
Well it is ONE of the four reasons:

1) Great earnings report
2) 7 for 1 stock split News
3) 12 Billion buy back
4) Speculation that the 7 for 1 stock split suggests AAPL will be added to the Dow

Regarding number 3, AAPL is borrowing against the money held outside the country and buys back shares. In effect, bringing the money back without paying taxes on it.
More...


?

Your comment makes no sense, unless you're saying aapl is paying back loans with money outside the country?
 
Thank's Margin Max and Visaria,


I needed a kick in the pants, are there any Analysts you think are worth listening to? The best information so far has been from members on Elite Trader, all else is noise! Thank you and hope you all have a great Weekend! Peace be with you!
 
I think it's mostly psychological - if something gets cheaper, you buy more of it. Btw, let's face it, Apple is today a tech laggard behind the trend, personally I don't like that phones are getting larger so it now seems like my next will be a Samsung since they will be the ones breaking the current trend...
 
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