Shorting Apple with a target of $250

Quote from retaildaytrader:


I tried to post a journal, but the mods took it down. I guess Magna cant stand success.
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Still holding on to your successful AAPL short call at $300 with a target $250?
 
Quote from retaildaytrader:

I just made my first trade in my twitter account. I posted in the journals section of my first twitter trade.

www.twitter.com/retaildaytrader

I tried to post a journal, but the mods took it down. I guess Magna cant stand success.
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Long BGZ@11.33, Stop 11.00

How'd that work out for you? Much like AAPL? :p
 
AAPL is an ego trade. One should never trade on ego. What i mean by that is the only reason someone would short a big name highly popular stock like this is so that they can brag about shorting aapl. If they make money on it, they will brag about it for the next 10 years to everyone they meet on the street.

There are 100s of other stocks out there that are better shorts that you can make alot more money on alot faster.
 
Quote from peilthetraveler:

AAPL is an ego trade. One should never trade on ego. What i mean by that is the only reason someone would short a big name highly popular stock like this is so that they can brag about shorting aapl. If they make money on it, they will brag about it for the next 10 years to everyone they meet on the street.

There are 100s of other stocks out there that are better shorts that you can make alot more money on alot faster.
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+1
 
Quote from peilthetraveler:

What i mean by that is the only reason someone would short a big name highly popular stock like this is so that they can brag about shorting aapl. If they make money on it, they will brag about it for the next 10 years to everyone they meet on the street.
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hah...funny....but true... :)
 
Quote from retaildaytrader:

I have not read this thread since the first time I posted here because I knew I could not win the war of words with a bunch of idiots hiding behind their workplace cubicles located somewhere in a small boring place in Michigan. However, my price target of $250 per share stands and it will get there no matter what anyone here thinks or believe.

While I wont win the war on words on ET, my price target will be reached as I had outlined in the first post. No, I am not going back to read all 13 pages of this thread. I will come back to this thread when the price reaches $250 per share which should be in the next 30 days. Then I will cover my short position. I was down a little bit on my short, but as of now I am watching a small profit.
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retaildaytrader's original post was on 10/13/2010.
Day High: 301.96
Day Low: 299.80
Day Close: 300.14

retaildaytrader's post quoted above was on 10/18/2010.
Day High: 319.00
Day Low: 314.29
Day Close: 318.00

In the 10-18 post, retaildaytrader claimed "as of now watching a small profit". The only possible way retaildaytrader was watching a small profit being short the stock at that time, given the daily trading range on that date, would to have gone short at the absolute top of the range that day (10-18), which would mean his 10-13 post, which implied he was getting short at the ~$300 mark, was false.

retaildaytrader really needs to be more on top of crafting his fabricated stories...

I've had trades that have sucked. OK...a lot of trades that have sucked. But I've had some really good ones, too. I look to this board for decent, honest discussion. retaildaytrader is not honest, and as of today, if in fact still short, no matter what the entry point, at best even under the best-timed of all trades. (AAPL closing price 317.13 on 11-5-10, AAPL all-time high 320.18 on 11-4-10).

Please take your shorting AAPL and winning claims back to the Yahoo message board. Thanks in advance for your understanding...
 
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