Back test! U are absolutely wise.
AAPL
- Thread starter Phill Twist
- Start date
Apple has recently hired Tesla's senior engineer. They also have hired the top green battery people. It is secret but it has been going on for at least a year. The rumor is that their battery will be next gen, and unlike Tesla which has no cash and must borrow to build, Apple can literally plunk down billions in cash anywhere in the world. Their cash power , 700 million customers and #1 brand name in history makes them a formidable threat to Tesla. Similar to Apple Tv and Netflix. Just wait a year or two and see how secure those smaller companies feel.
$AAPL closed down 1.0 percent on Friday, September 4, 2015, on 82 percent of normal volume.
Apple ($AAPL) - Apple (AAPL) is now trading in the $109's. AAPL is a strong buy below $100 if we see another panic sell off.
"Apple has recently hired Tesla's senior engineer. They also have hired the top green battery people." Is that not public and well-known?
$AAPL closed up 2.78 percent on Tuesday, September 8, 2015, on 89 percent of normal volume.
$AAPL closed down 1.92 percent on Wednesday, September 9, 2015, on 1.38 times normal volume.
$AAPL when markets settle, this may rally back toward $120 but: be under no illusions, yesterday was a massive disappointment for bulls.
$AAPL closed up 2.2 percent on Thursday, September 10, 2015, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
