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Quote from rockefehler:

No, but I think it will surge up in one or two candles above the last top within one or two days, not the middle of may. I'm letting air run out of the options and wait patiently for the right moment. The may 18 640 call is almost trading at it's pre-announcement level now, and seems to bottom. But maybe it will still go lower.

This could happen, but the stock might go sideways for the next two weeks. I was trying to be conservative.
 
Quote from rockefehler:

Of course it could go sideways, but what I SEE is the surge. And it could go to 700 after that reasonably fast.

I'd bet we don't see $700 in 2012.
 
What do you guys think is behind the recent selloff? Index Rebalancing, Hedge Funds selling due to risk constraints? No one else left to buy?
 
Quote from Traveler:

What do you guys think is behind the recent selloff? Index Rebalancing, Hedge Funds selling due to risk constraints? No one else left to buy?

pre earnings profit taking
 
Quote from raincrab:

pre earnings profit taking
This and the fact most of the analyst on Wall Street were expecting APPL not to make its numbers. I don't know how they could forget the Asian growth. On a side note, the other day a little girl in Asia sold one of her organs for an Iphone. Talk about demand and brand loyalty (she has other organs to sell for her upgrades). The guys that did the transplant got in a lot of trouble for it. Do you think I could buy a wife with an Iphone? Ah, I am engaged anyway:D .
 
Quote from short4bread:

This and the fact most of the analyst on Wall Street were expecting APPL not to make its numbers. I don't know how they could forget the Asian growth. On a side note, the other day a little girl in Asia sold one of her organs for an Iphone. Talk about demand and brand loyalty (she has other organs to sell for her upgrades). The guys that did the transplant got in a lot of trouble for it. Do you think I could buy a wife with an Iphone? Ah, I am engaged anyway:D .

Name one analyst which stated they would miss the FirstCall estimate. One.
 
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