+ Reply
Results 1 to 8 of 8

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


Thread: AAPL Soars on Wall Street in Monday 'Comeback'

is a discussion within the

Mac News

forums, a part of the

General Apple/Mac

section;
...
  1. #1
    MMi Staff Writer Michael Essany's Avatar
    Join Date
    Aug 2009
    Location
    Valparaiso, Indiana
    Posts
    3,672
    Thanks
    17
    Thanked 1,475 Times in 562 Posts

    Default AAPL Soars on Wall Street in Monday 'Comeback'


    They're already calling it a "comeback."

    On Monday, shares of AAPL climbed more than $30 as the world's most profitable company saw an end (at least for now) to the non-stop selling that shaved off better than 20% of AAPL's value in the last two months. But during recent days, a number of prominent stock analysts have come forward to argue that AAPL has become grossly undervalued.

    Brian White, an analyst at Topeka Capital Markets, said the selling should be over for now.

    “The sell-off in Apple’s stock over the past eight weeks has gotten to the point of being ‘insanely insane’ given the depressed valuation, new blockbuster products for the holiday season, the attractive long-term growth opportunities that lie ahead and the company’s ability to distribute significant cash flow to investors,” White says.

    White's 12-month price estimate for AAPL remains $1,111. According to Bloomberg's survey of 62 analysts, 60 now recommend buying shares. The average 12-month target price is $766.60.

    Source: Bloomberg

  2. #2
    *T*
    *T* is offline
    Grumpy *T*'s Avatar
    Join Date
    Nov 2011
    Location
    Turn around slowly...
    Posts
    670
    Thanks
    122
    Thanked 48 Times in 39 Posts

    The investors are stupid. They can't think for themselves

  3. #3
    Green Apple
    Join Date
    Nov 2009
    Posts
    34
    Thanks
    0
    Thanked 2 Times in 2 Posts

    Quote Originally Posted by *T* View Post
    The investors are stupid. They can't think for themselves
    Are you surprised? They have been behaving out of emotion and misinformation for a long time.

  4. #4
    Green Apple
    Join Date
    Jul 2011
    Posts
    64
    Thanks
    0
    Thanked 1 Time in 1 Post
    this is called stock manipulation. the investors purposely bring certain stocks down and buy them at the lowest price knowing that the stock will soon rise again and when the price is high once again they sell it.

  5. #5
    iPhoneaholic
    Join Date
    Oct 2007
    Posts
    405
    Thanks
    8
    Thanked 35 Times in 23 Posts

    Quote Originally Posted by Jarolin Vargas View Post
    this is called stock manipulation. the investors purposely bring certain stocks down and buy them at the lowest price knowing that the stock will soon rise again and when the price is high once again they sell it.
    Exactly, I wonder how many shares Mr White has or recently purchased.

  6. #6
    Green Apple
    Join Date
    Nov 2009
    Posts
    34
    Thanks
    0
    Thanked 2 Times in 2 Posts

    Quote Originally Posted by Jarolin Vargas View Post
    this is called stock manipulation. the investors purposely bring certain stocks down and buy them at the lowest price knowing that the stock will soon rise again and when the price is high once again they sell it.
    If you're a serious investor, you should still be able to make a critical decision when purchasing or selling stocks based on reality and prospects of the companies, not just on words of manipulative analysts. It was very clear to me that Apple stocks had no reason to go down the way they did.

  7. #7
    Banned
    Join Date
    Aug 2009
    Location
    Bklyn NY !!
    Posts
    913
    Thanks
    60
    Thanked 62 Times in 51 Posts

    This is what apple blogs talk about just a few weeks after a product release--because there's nothing else to talk about until the next product is revealed. lol

  8. #8
    iPhone? More like MyPhone Alluziion's Avatar
    Join Date
    Aug 2010
    Location
    Wales, UK.
    Posts
    113
    Thanks
    0
    Thanked 6 Times in 5 Posts

    Quote Originally Posted by jOnGarrett View Post
    This is what apple blogs talk about just a few weeks after a product release--because there's nothing else to talk about until the next product is revealed. lol
    And what's wrong with that? I'm a bigger fan of Apple Inc. than it's products so I quite enjoy reading the news on stocks, court cases and other non-product related information.

    As for the topic, trading is all based on speculation... most of which becomes a self-fulfilled prophecy.

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts