AAPL is now lower than when Carl Icahn made his infamous tweets.

Quote from Zr1Trader:lUncle Icahn was also pumping the shit via twitter when the nasdaq exchange went tits up .
I hope he loses a good chunk of change because that asshole has a huge ego.The market needs to humble him a bit. :)
More...
The market is certainly very good at humbling any inflated egos.
Other smart phone makers see AAPL's fat margins and can easily see room to undercut. They have run out of new Istuff to sell. Icahn won't make a difference.
Financial engineering is the end for a tech giant when they have to listen to finance guys for advice.
 
I was an apple bear for probably the last 8 months but now I just bought some. I think Icahn is right the stock is trading fairly cheap and over the last 9 months they've done a pretty good job protecting gross/operating margins.

My take is that the stock dropped from $700-$400 over the fear of declining margins. Margins took a stab, but they weren't as bad as people feared. So why shouldn't it go back to at least $600? I think we've seen the worse with competition pricing but I could be wrong!
 
Considering AAPL had double bottom in June, for me it is a cheap with min risk on the long side. Did a bunch of Put Credit spreads yesterday right after the open, bought Calls and shares. Normally, can't risk this little on a stock like this.
 
what's the least popular trade on AAPL righrt now? In my opinion it's sideways. I'm selling volatility on AAPL. Everyone seems to think its either going straight down to 300 or straight up to 600-650, my guess is it does neither and it starts a long trend of consolidation.
 
You must log in or register to reply here.
Back
Top