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Anybody got any AAPL? (Page 2)
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Mac Elite
Join Date: Jan 2003
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Originally Posted by Eug Wanker
Now > $68.
I don't understand why there was such a jump today though.
me either, but my wallet and I aren't complaining
I guess all of this Mac Pro hype is getting around. Let's hope they don't disappoint next week.
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"I start fires!"
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Addicted to MacNN
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Originally Posted by Eug Wanker
Now > $68.
I don't understand why there was such a jump today though.
I stopped trying to figure it out. My brother-in-law makes his living playing poker. He claims that there is less "gambling" in poker than in the stock market. I'm starting to believe him.
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Posting Junkie
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Ah, Bank of America today upgraded AAPL to Buy from Hold, with a target price of $79.
The good news is they are NOT using the iPhone argument for the upgrade. They are claiming the upgrade is worth it based on Mac and iPod sales alone. Maybe AAPL won't drop as much as I might have guessed on Aug. 7.
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Grizzled Veteran
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My pastor has a few shares. He bought them before the split.
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8GB iPhone
Coming Soon: Mac mini Core 2 Duo 2.0Ghz
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Posting Junkie
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Getting close to 70 bux...
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Fresh-Faced Recruit
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Well its looking like we're gonna hit the $70 mark any day now - back to where we were about 3 months ago when I first bought my shares! All we need know is to continue where they left off!
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Mac Elite
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My brother works at apple, but screw owning shares, never know which way apple is going to go.
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A Jew with a view.
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Professional Poster
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So will WWDC have the usual up before the event and down right after?
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All glory to the hypnotoad.
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Posting Junkie
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That's the way it usu works, but not always. Sometimes it just keeps going up after Macworld/WWDC.
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Mac Elite
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WTF is with the after hours trading? down 6.60%??
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Posting Junkie
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Originally Posted by Andy8
WTF is with the after hours trading? down 6.60%??
With the boring poster out, maybe they clued into the likelihood that there will be no iPhone this time round...
$65 now.
EDIT.
Heh. No. This is it:
"Although the investigation is ongoing, the Company has discovered additional evidence of irregularities," Apple said in an updated statement on Thursday. "In light of this, management has concluded, and the audit committee of the board of directors agrees, that the Company will likely need to restate its historical financial statements to record non-cash charges for compensation expense relating to past stock option grants."
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Last edited by Eug Wanker; Aug 3, 2006 at 11:01 PM.
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Mac Elite
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Get your orders in to buy and set your stop loss position now to eke out any gains from next week!
Unfortunate that this happens right before WWDC...
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Addicted to MacNN
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Hopefully this will only be a small drop for a short period of time.
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Clinically Insane
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Originally Posted by driven
Hopefully this will only be a small drop for a short period of time.
It's back up over $67 now in after-hours trading. It will be interesting to see what happens at the bell. I for one am keeping my stock.
Here is an article about the accounting irregularities:
Apple may need to revise four-years worth of earnings
" Without providing specifics, the Cupertino, Calif.-based maker of Macintosh computer and iPod music players said it had uncovered enough evidence of mishandled stock options to raise doubts about the accuracy of financial statements dating back to Sept. 29, 2002.
During this stretch, Apple has enjoyed one of the most prosperous periods in its 30-year history. Fuelled largely by steadily rising sales of its ubiquitous iPod, Apple has reported $3.1-billion (U.S.) in profit during the past four years."
Heh. Right before WWDC. Steve must be pissed.
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Addicted to MacNN
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The problem isn't the honestly (or dishonesty) of most companies, the problem is that the accounting rules are so confusing and convoluted that nobody has a bloomin' clue what's legal and what's not.
I've seen some strange stuff happen that only seems to make sense to the accounting folks.
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Posting Junkie
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So, there was some "panic" selling, and then people bought on the cheap. It's back over $68 now again. Quite a bit of fluctuation today though.
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Addicted to MacNN
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Overall the day could have been a lot worse. Let's hope it starts an upward trend again on Monday.
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- MacBook Pro 15" i7 2.9Ghz 16GB / 512GB
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Posting Junkie
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It continued to drop a bit for a while, but it's nice to see that people didn't react too harshly to the revelations of accounting "irregularities".
Back over $67 now.
(
Last edited by Eug Wanker; Aug 16, 2006 at 12:13 PM.
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Fresh-Faced Recruit
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Originally Posted by Eug Wanker
It continued to drop a bit for a while, but it's nice to see that people didn't react too harshly to the revelations of accounting "irregularities".
Back over $67 now.
Talk about Apple being a yo-yo stock!
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Addicted to MacNN
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Originally Posted by robfarri
Talk about Apple being a yo-yo stock!
In other words, it's acting like a normal tech stock.
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