Comments on: Why Apple stock might regain $600 this week

By: fscuttle

fscuttle — Tue, 27 Nov 2012 01:29:21 +0000

Apple will rocket back to 700 and beyond by early january.

By: Paul

Paul — Mon, 26 Nov 2012 18:11:23 +0000

I am prepared to wait until February to recoup my loss.

By: Watcher

Watcher — Mon, 26 Nov 2012 18:01:54 +0000

Wash sale rules apply only if you’re selling at a loss. The peolple selling Apple primarily for tax reasons were locking in gains. Those folks can rebuy at any time.

By: tincan2012

tincan2012 — Mon, 26 Nov 2012 17:53:29 +0000

+1. Exactly.

By: tincan2012

tincan2012 — Mon, 26 Nov 2012 17:44:13 +0000

I have used Amazon but personally believe that it is time for its fall from grace. It is a predatory retailer that leaves nothing behind.

By: 3l3c7ro

3l3c7ro — Mon, 26 Nov 2012 17:01:54 +0000

I think you don’t understand how it works; AAPL rises and falls as YOU personally purchase or sell it. Everyone who buys pushes the price tendency up and conversely, everyone who sells AAPL pushes the price lower. It is the retail public that causes the wild swings usually and the institutional buyers use that to their advantage. Try this strategy on for size: buy when the institutions buy and sell when the institutions sell. Easy right?

The institutions buy when the retail public is selling and sell when the retail public is buying. What is your tendency to do right now? I generally do the opposite of what you would do.

By: Now, Now...

Now, Now... — Mon, 26 Nov 2012 16:51:13 +0000

How can it ‘REGAIN’ $600? Apple stock was never up to $1178.00, lost $600.00 that it had previously gained in order to gain it again? Now I might buy the headline, ‘Why Apple stock might reach $600.00 this week”

By: AC in WA

AC in WA — Mon, 26 Nov 2012 16:49:43 +0000

The Longs that wanted to cash in on Apple stock to take advantage of the existing tax structure on long term capital gains did so by mid November. Those same investors to avoid wash sale rules will be back in big numbers by mid december.

By: bystander

bystander — Mon, 26 Nov 2012 16:47:12 +0000

Very green AAPL in a red market is a welcome relief from the recent nasty pullback for the last several weeks. AAPL is extremely oversold and due for a strong bounce. Is it real or a dead cat bounce? I think the former and we have seen the bottom.

Yes, 600 this week it is. What it does at 600 should tell us how far up, down, or side-way it goes through year end. The AAPL year-end rally may begin today.

By: David

David — Mon, 26 Nov 2012 16:43:51 +0000

I would have never considered an iPad mini had I not seen it in person. I thought it was going to flop.

But after seeing it in person I now want several, I bet that’s what’s happening. iPad mini is going to surpass expectations by far and take the stock with it.

By: fscuttle

fscuttle — Mon, 26 Nov 2012 16:37:19 +0000

Cant find a negative Apple story anywhere now. This is by far the most manipulated stock in the whole market. If they can bring down Apple a stock with incredible fundamentals can you imagine what will happen to a stock like AMZN if it falls out of favor?

By: Raymond

Raymond — Mon, 26 Nov 2012 16:36:08 +0000

Coz big investors have collected enough AAPL, now time to push it up .