For months and months NASDAQ’s “Analysts Recommendations” (a group of 16-18 analyst firms that fluctuates as coverage is added and dropped at various times) for Apple Computer (AAPL) looked like this:
Strong Buy – 0
Buy – 1
Hold – 15
Underperform – 0
Sell – 1
Then a week before Jobs’ January 2004 Macworld keynote, we reported that we had finally noticed movement on the analyst recommendations:
Strong Buy – 1
Buy – 1
Hold – 14
Underperform – 0
Sell – 1
On January 14th, in advance of Apple’s earning announcement, we reported another marked shift in the analyst recommendations for AAPL. That chart looked like this:
Strong Buy – 2
Buy – 2
Hold – 12
Underperform – 0
Sell – 1
Then on January 21, 2004, the chart reflected 18 analyst firm recommendations:
Strong Buy – 2
Buy – 3
Hold – 12
Underperform – 0
Sell – 1
Then, on March 24th, the chart has changed again:
Strong Buy – 3
Buy – 3
Hold – 9
Underperform – 0
Sell – 1
We checked the chart today and found that it has changed again:
Strong Buy – 3
Buy – 3
Hold – 11
Underperform – 0
Sell – 0
Finally. ‘Bye ‘bye lone “Sell” recommendation. Better late than never!
View the latest chart here.
So I guess that means it’s almost time to sell
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No doubt that lone Somebody finally bought as many shares as he wanted for his clients, and then changed that Sell rating.
Looks like somebody returned from a looong stay at a mental institution. Obviously cured.
Or maybe they that “analyst” with a person who can read newspapers.
Looks like somebody returned from a looong stay at a mental institution. Obviously cured.
Or maybe they REPLACED that “analyst” with a person who can read newspapers.
Sorry!
hagar57,
Well, at least you’re not one of those hard-on for being “first post”-er people. No excuse for that, I’m telling you.
I thought Apple was dead…. (heavy sarcasm)
Where’s Thurrott on this issue?
That lone “sell” recently had his $3000 Dell crap out on him from a virus just as his nephew walked into the office with a PowerBook.
Many people fear the complexity and apparent dangers of being asked to send 6.28 billion billion electrons every second through a 42 micron tungsten wire in an inert atmosphere, while others find it as simple as flipping a light switch.
I think it is proof that people are inherently lazy. They’d much rather deal with the current known complexities rather than relearn an easier way. Odd isn’t it?
[Technically, that was a 120 watt incandescent light bulb.]
Hell yeah.
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My AAPL portfolio is getting bigger and doing nice
Bought nice amount of my AAPL when it was down = $13
I have to fix it so that I am on of the first MDN AAPL millionaires.
Longhorn BBQ at my place!
MOoo!