Edited by A-ha, 09 February 2008 - 05:36 PM.
On Oct 23 2007
Started by
A-ha
, Feb 09 2008 05:34 PM
31 replies to this topic
#1
A-ha
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Posted 09 February 2008 - 05:34 PM
On Oct 23, I called a generational top on AAPL around 190....
AAPL hit 117 two days ago...
I believe AAPL will be $7 in the next 9-12 months
#2
Pabst
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Posted 09 February 2008 - 05:42 PM
On Oct 23, I called a generational top on AAPL around 190....
AAPL hit 117 two days ago...
I believe AAPL will be $7 in the next 9-12 months
That was a nice call. Rather than be content buying something pedestrian like a $160 put I'm loaded with Mch/09 $10 puts. The premium is CHEAP.
Free market's for free men!
#3
Darris
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Posted 09 February 2008 - 05:44 PM
Why $7 (seven dollars per share), might as well go for zero. 
#4
A-ha
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Posted 09 February 2008 - 05:45 PM
Why $7 (seven dollars per share), might as well go for zero.
Price is relative and nonlinear... by the way are you still long S&P from 1550
#5
ogm
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Posted 09 February 2008 - 06:03 PM
I believe AAPL will be $7 in the next 9-12 months
Go sober up
AAPL has 21 dollars in cash. No debt. And generates about 2 dollars per share of free cash flow per quarter.
#6
atlasshrugged
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Posted 09 February 2008 - 07:19 PM
On Oct 23, I called a generational top on AAPL around 190....
AAPL hit 117 two days ago...
I believe AAPL will be $7 in the next 9-12 months
it has to fill a gap at 150 first!!!!
cuz i am long it for the gap fill
so dont flex it for a couple weeks please lol
Edited by iron cross, 09 February 2008 - 07:20 PM.
#7
A-ha
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Posted 09 February 2008 - 07:20 PM
I believe AAPL will be $7 in the next 9-12 months
Go sober up
AAPL has 21 dollars in cash. No debt. And generates about 2 dollars per share of free cash flow per quarter.
I was told that AMD's book value was $13... when I gave $6 target while it was $28 back in Sep 2006...
Cash is my as$ its going to $7 !
#8
underabigw
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Posted 09 February 2008 - 08:46 PM
Atilla,
Thanks for sharing your outlook. Do you see any others that might see similar declines?
Thanks in advance,
UBW
Thanks for sharing your outlook. Do you see any others that might see similar declines?
Thanks in advance,
UBW
I believe AAPL will be $7 in the next 9-12 months
Go sober up
AAPL has 21 dollars in cash. No debt. And generates about 2 dollars per share of free cash flow per quarter.
I was told that AMD's book value was $13... when I gave $6 target while it was $28 back in Sep 2006...
Cash is my as$ its going to $7 !
#9
isaac613
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Posted 09 February 2008 - 11:42 PM
Then why did you cover your amd at 13. I was a pretty regular visitor at your blog. I guess you did not believe your own words. Just stating the facts here.
#10
IndexTrader
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Posted 10 February 2008 - 01:34 AM
On Oct 23, I called a generational top on AAPL around 190....
AAPL hit 117 two days ago...
I believe AAPL will be $7 in the next 9-12 months
Will it be making this move while you're long the ES???
Seriously, you won't see 7 in your lifetime, let alone the next 9-12 months. Fortunately for you if you are in fact short, it doesn't need to go down that far to make a great deal of money.
IT
