2nd highest market cap in S&P, bigger than MSFT...
http://www.marketwatch.com/story/ap...ond-place-in-sp-500-2010-04-22?dist=afterbell
http://www.marketwatch.com/story/ap...ond-place-in-sp-500-2010-04-22?dist=afterbell
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I am re-shorting AAPL
- Thread starter retaildaytrader
- Start date
i have not been following this thread....ever since the OP (RTD) called me an idiot when i said was long appl (in this thread or the other "shorting appl and goog" thread...i don't spend enough time on ET to remember or to care).
did he ever say if when he stopped out?
RTD.....i still have ALL my appl shares. do a search on my name.
to RTD's credit, he may have possibly made a few dollars on his goog short IF he didn't get knocked out when goog ran up pre-EA. he also screamed to buy BIDU. so maybe he is one of the many, many traders who tends to just break even over the long run.
people like him who post supposed entries and no exits while calling others names is one of the reasons i find less and less value in ET.
did he ever say if when he stopped out?
RTD.....i still have ALL my appl shares. do a search on my name.
to RTD's credit, he may have possibly made a few dollars on his goog short IF he didn't get knocked out when goog ran up pre-EA. he also screamed to buy BIDU. so maybe he is one of the many, many traders who tends to just break even over the long run.
people like him who post supposed entries and no exits while calling others names is one of the reasons i find less and less value in ET.
Believe the hype...
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Please please DO NOT short AAPL. This is one of the important rules in trading:
Shorting stocks can be very profitable but do not short stocks with great earnings. AAPL is the stock that we buy low. It's all about risk/reward ratio. Fund managers love AAPL and they buy to hold longer. AAPL is not expensive at all.
Short stocks with weak fundamentals and they are up because of a strong market, the percentage drop is higher than shorting AAPL any way. There are many to choose from. PALM is a good example in the same sector.
Shorting stocks can be very profitable but do not short stocks with great earnings. AAPL is the stock that we buy low. It's all about risk/reward ratio. Fund managers love AAPL and they buy to hold longer. AAPL is not expensive at all.
Short stocks with weak fundamentals and they are up because of a strong market, the percentage drop is higher than shorting AAPL any way. There are many to choose from. PALM is a good example in the same sector.
Stocks can be shorted for many reasons. But saying something like:
I think XXXXXXXX has come too far too fast. So... I short it.
This is a newbie's game.
A $15 overnight gap from the earning release. Get a hang of it yet?
How about today's $6 to $7 run up. All in 2 hours?
Good luck if you are still playing stubborn and hold AAPL short.
I think XXXXXXXX has come too far too fast. So... I short it.
This is a newbie's game.
A $15 overnight gap from the earning release. Get a hang of it yet?
How about today's $6 to $7 run up. All in 2 hours?
Good luck if you are still playing stubborn and hold AAPL short.
Good logic here from RDT
http://www.elitetrader.com/vb/showthread.php?threadid=196241
since he wont come back to this thread
best line is "stocks can trade over under their true value for years" WTF do you do in meantime while you watch wide mouthed your account erode away
For any newbie this thread should be a must read-at least one of the core mistakes can be avoided
http://www.elitetrader.com/vb/showthread.php?threadid=196241
since he wont come back to this thread
best line is "stocks can trade over under their true value for years" WTF do you do in meantime while you watch wide mouthed your account erode away
For any newbie this thread should be a must read-at least one of the core mistakes can be avoided
Quote from GG1972:
Good logic here from RDT
http://www.elitetrader.com/vb/showthread.php?threadid=196241
since he wont come back to this thread
best line is "stocks can trade over under their true value for years" WTF do you do in meantime while you watch wide mouthed your account erode away
For any newbie this thread should be a must read-at least one of the core mistakes can be avoided
RDT doesn't trade.
as long as the market remains choppy and goes sideways... AAPL could keep moving up. They've just reported having a big impact in Japan and being able to ship 1.69 million iphones.
http://www.bloomberg.com/apps/news?pid=20601110&sid=aVnohWdOUNs8
http://www.bloomberg.com/apps/news?pid=20601110&sid=aVnohWdOUNs8
Quote from Bolimomo:
Stocks can be shorted for many reasons. But saying something like:
I think XXXXXXXX has come too far too fast. So... I short it.
This is a newbie's game.
A $15 overnight gap from the earning release. Get a hang of it yet?
How about today's $6 to $7 run up. All in 2 hours?
Good luck if you are still playing stubborn and hold AAPL short.
anyone coming here.. talking poop about shorting AAPL
POST a screenshot of your long position and target