Parabolic move is what we are witnessing..8-2020

[S2007S]

I am up 8% today on my 6x QQQ. I await all the bears to tell me how much smarter they are. Maybe I would cover if I get a good argument. Thanks.

No argument. Just goes straight

I looked. In the late 1990s AAPL shareholder equity was never below $1.2 Billion dollars. They were NEVER on the verge of bankruptcy. At no point were they a "complete loser of a company". Companies get financing all the time to get on with new projects; AAPL had some decent projects in the works and some legacy business in Macs etc that never went totally away. Yes, in 1999, when the stock was roughly at $10 a share, it was a HUGE value proposition, the kind of stock you have zero ability to see the value in.

They were on the brink of bankruptcy!!!!!


Like I mentioned Microsoft gave them $150 million to help them from going under.


It was a worthless company


Read the article and comprehend that apple was nearly bankrupt


Apple Is Worth $1,000,000,000,000. Two Decades Ago, It Was Almost Bankrupt.






https://www-nytimes-com.cdn.ampproject.org/v/s/www.nytimes.com/2018/08/02/technology/apple-stock-1-trillion-market-cap.amp.html?amp_js_v=a3&amp_gsa=1&usqp=mq331AQFKAGwASA=#aoh=15989564574930&amp_ct=1598956470818&referrer=https://www.google.com&amp_tf=From %251%24s&ampshare=https%3A%2F%2Fwww.nytimes.com%2F2018%2F08%2F02%2Ftechnology%2Fapple-stock-1-trillion-market-cap.html

 

[S2007S]

I looked. In the late 1990s AAPL shareholder equity was never below $1.2 Billion dollars. They were NEVER on the verge of bankruptcy. At no point were they a "complete loser of a company". Companies get financing all the time to get on with new projects; AAPL had some decent projects in the works and some legacy business in Macs etc that never went totally away. Yes, in 1999, when the stock was roughly at $10 a share, it was a HUGE value proposition, the kind of stock you have zero ability to see the value in.

Yep a huge value proposition, cutting their workforce and 90 days to bankruptcy.

Find me a company right this second, 90 days from bankruptcy and let's see you sink tens of thousands of dollars into that failing company.



SAN FRANCISCO — In 1997, Apple was on the ropes. The Silicon Valley pioneer was being decimated by Microsoft and its many partners in the personal-computer market. It had just cut a third of its work force, and it was about 90 days from going broke, Apple’s late co-founder, Steve Jobs, later said.

 

[Overnight]

...

Even a 25% drop wouldn't even show in that chart

Don't you know basic maths? A 25% drop in NQ right now would look almost exactly like the March drop.

3,000 point drop would not show up in that chart? Huh???

 

[themickey]

Don't you know basic maths? A 25% drop in NQ right now would look almost exactly like the March drop.

3,000 point drop would not show up in that chart? Huh???

S2007S is funny

 

[S2007S]

Don't you know basic maths? A 25% drop in NQ right now would look almost exactly like the March drop.

3,000 point drop would not show up in that chart? Huh???

Right now a 25% drop would put it around 9000 which is still quite high from march lows. Aside from that when the 25% drop comes it will be years and years away in fact it will never ever come meaning a 3% pullback will feel like a depression when it comes

 

[S2007S]

Futures already starting to climb. By Tomorrows opening nasdaq 12,000!!!!


US 30
28,675.0
DERIVED
20:03:46 | Futures
+53.0 +0.19%

US 500
3,533.88
DERIVED
20:03:45 | Futures
+6.88 +0.20%

US Tech 100
12,357.25
DERIVED
20:03:46 | Futures
+44.75 +0.36%

Small Cap 2000
1,581.30
DERIVED
20:03:49 | Futures
+1.20

 

[S2007S]

Could just imagine how the futures will be looking by the open if they are already in full rally mode this second.


US 30
28,701.0
DERIVED
20:58:03 | Futures
+79.0 +0.28%

US 500
3,538.88
DERIVED
20:57:40 | Futures
+11.88 +0.34%

US Tech 100
12,396.00
DERIVED
20:58:09 | Futures
+83.50 +0.68%

Small Cap 2000
1,582.75
DERIVED
20:58:06 | Futures
+2.65 +0.17

 

[Overnight]

They are off those highs at the moment, but that NASDAQ/NQ looks terrifying. The FACK is going on with tech. Good grief.

 

[S2007S]

US Stock Market Cap to GDP Ratio at 190%%%%%%%%%%%%%%%%%%, Eclipsing Dot-Com Bubble!!!!!!!!!!!


Tuesday, Warren Buffett favorite market indicator stood at 186.2%, up 11.1% from the revised value of 175.1% on Aug. 5.



Just incredible to see these kinds of facts.

 

[Overnight]

US Stock Market Cap to GDP Ratio at 190%%%%%%%%%%%%%%%%%%, Eclipsing Dot-Com Bubble!!!!!!!!!!!

..

HAH! Just wait until we have a vaccine and people get back to work instead of rioting, and our GDP goes positive again!