meth

i'm so scared to buy aapl right now. but this damn thing keeps going up.

i have that feeling that if i buy it its gunna drop like crazy. so i will just sit and watch.

cthree

You've been sitting and watching since it was $80. It's up almost 50% since then and you're still watching.

Just sayin'

https://www.s2ki.com/forums/index.php?showt...dpost&p=9316927

meth

haha, yeah i remember the 80's like it was yesterday. i believe i am cursed tho, so i will let all of you enjoy your run, i don't want to spoil it for you guys. i'll wait for the next train.

cthree

Honestly you are sitting out the biggest worldwide economic expansion in history, it is perhaps the biggest boom market you will ever see. It will make the late 90's look like chump change.

This is a last train out of the station and I suggest you get on it. It's only just getting started.

AAPL will be at $200 this time next year. They are just getting warmed up. Apple TV will turn into a real business someday and there is a whole new revolution coming to computers in the form of multi-touch, I think you'll see the first products before the end of the year. Ignore the short term volatility and look out to the horizon.

cthree

And you would have been wrong, again. Do not short AAPL please, for god's sake, there is nothing behind that door but pain and heartache.

Saki GT

Does anyone here think the SEC formally investigating Apple would bring the stock down anytime soon? If its building towards the iPhone release, is the stock going to jump appreciably?

wantone

Saki, I don't think anytime soon. 1. Apple TV, 2. Apple iPhone, 3. New Mac coming around the corner... The SEC issue may create issues for Apple in the long run BUT there's too many good products coming to it soon.

cthree

There are no SEC issues anymore. At worst they pay a fine. The SEC isn't even doing their own investigation, instead relying on Apple's own internal investigation to come to it's final decision. Any final ruling will only help the stock but even still I think the whole issue blowing over is baked in.

AAPL will plummet in the days leading up to and after the release of iPhone just as it did on it's announcement. You would be well served to unload half your position before this happens and buy it back cheaper when the bleeding stops. Take profits a few days to a week before the WWDC keynote.

Steve-o has been publicly downplaying Apple TV, calling it a hobby rather than a business unit. I think there is a fear that investors and analysts will get ahead of themselves on expectations.

WyattH

Do we know when the iPhone is released?

WyattH

June 29.