Apple getting bit

[SCI new york]

still pushing higher

50,000 sold first day UK vodafone

 

[muller]

AAPL got bit in the ahh, that's why it jumps so high

 

[S2007S]

Apple could keep climbing however its not good to get greedy expecting a continuous rally in its shares.

Eventually stocks like this one become overbought.

The Ipad is the newest attraction, who knows how many units will be sold. I'm just hoping there isn't a line wrapping around 5 city blocks in NYC and local stores seeing hundreds of people in line 1-2 days before. It will be a quite sad and most pathetic if people start waiting in line for this hours and days before.

 

[stock piker]

Guys in my shop are shorting it aggressively here at 222.80-223.00. iPad sales will be dismal.

 

[muller]

Quote from stock piker:

Guys in my shop are shorting it aggressively here at 222.80-223.00. iPad sales will be dismal.

Sooo, that was you guys!

The day ain't over yet. If it does close today over 223 then it closes within its old weekly trending channel.
And to me that means the bull continues.
And then my next near term target would be around 231.
So if...

After all, it came on pretty strong...

 

[muller]

I have to correct myself.
Though today (up till now) looks good, the dynamic in the weekly chart looks different.
Friday's Close will tell more. A close around 226 would be favorable - for the bulls.

Does anybody take a look sometimes at the Nasdaq's stock consultant?
http://www.nasdaq.com/asp/stock_consultant.asp?symbol=AAPL&symbol=RIMM&selected=AAPL
Its view is still slightly bearish.

 

[turkeyneck]

Quote from stock piker:

Guys in my shop are shorting it aggressively here at 222.80-223.00.

Ouch

 

[stock piker]

Quote from turkeyneck:

Ouch

Yeah, terrible. Down 10 cents! We'll touch 220.60 tomorrow.

 

[mnikolic]

I share that sentiment. It is not a differentiated product. Nor is it revolutionary. It does make a good comic piece though!

Quote from stock piker:

Guys in my shop are shorting it aggressively here at 222.80-223.00. iPad sales will be dismal.

 

[SCI new york]

Quote from mnikolic:

I share that sentiment. It is not a differentiated product. Nor is it revolutionary. It does make a good comic piece though!

sorry to tell you but it doesn't matter if its differentiated or revolutionary. it only matters if the people want it and buy it. People are on the apple train right now so who knows how it will fare. but the stock is continuing to rise.