See, I told you so (sort of)

[Zelhar]

With regards to that thread from last March (Is it time to short AAPL ?)
http://jtf.org/forum/index.php/topic,60451.msg539829.html#msg539829

I predicted the share would descend below 500, even bellow 450 by years end. Well it happened today 25 days after the year I mentioned ended. And before taking a nose dive starting I think in September 2012, that stock shot up to 700 and also distributed two dividends of $2.65 each.

http://finance.yahoo.com/q/bc?s=AAPL

I don't know if now it's fairly priced or not but I think that the halo is gone from that company. The market sentiment reflects the consumers sentiment who no longer assume everything Apple sells them is perfection and inherently superior to other products just because it's from Apple.

[Lewinsky Stinks, Dr. Brennan Rocks]

Or halfways moral people are getting sick and tired of Faggle's sodomy-mongering:

http://abcnews.go.com/blogs/technology/2012/06/apple-ios-6-to-include-gay-and-lesbian-couple-icons/
http://www.electronista.com/articles/12/01/19/microsoft.takes.stand.on.washington.gay.marriage/
http://appleinsider.com/articles/11/01/20/apples_tim_cook_profiled_as_most_powerful_gay_man_in_silicon_valley

[Zelhar]

All the other west coast tech corporations are just as gay. One of the links you just brought is mictosoft goes gay. All of them Microsoft, Apple, Google et al, they are all yahoos.

[muman613]

All the other west coast tech corporations are just as gay. One of the links you just brought is mictosoft goes gay. All of them Microsoft, Apple, Google et al, they are all yahoos.

I work at such a 'West Coast Tech Corp' and we don't have any gays that I know. Maybe they are in the closet, and I don't care, but not every tech company makes a big thing about it... I have been courted by Google itself (they want my resume) and I just may consider working for google.... But I wouldn't want to work with openly homo people... We just aren't compatible...

[Zelhar]

I work at such a 'West Coast Tech Corp' and we don't have any gays that I know. Maybe they are in the closet, and I don't care, but not every tech company makes a big thing about it... I have been courted by Google itself (they want my resume) and I just may consider working for google.... But I wouldn't want to work with openly homo people... We just aren't compatible...

Do You mean to say your company doesn't have an official pro gay policy, and they haven't been sued yet for discrimination ?!

[Lewinsky Stinks, Dr. Brennan Rocks]

I work at such a 'West Coast Tech Corp' and we don't have any gays that I know. Maybe they are in the closet, and I don't care, but not every tech company makes a big thing about it... I have been courted by Google itself (they want my resume) and I just may consider working for google.... But I wouldn't want to work with openly homo people... We just aren't compatible...

I don't understand, why not?

[muman613]

I don't understand, why not?

I don't understand what you are asking. I am against the homosexual lifestyle. I could work with people (as I work with people from all over the world currently) whom I share some basic moral principles. I like to talk and get familiar with the people I work with. If I were talking with a guy I worked with who revealed his sexual perversion to me I would be inclined to say something offensive to them. I don't want to offend someone, or incur the wrath that this person would report me for being insensitive. This is why I am glad I don't work with any openly homosexual people. If they keep it in the closet, that would be best, in my opinion...

[Lewinsky Stinks, Dr. Brennan Rocks]

How does what your coworkers do in the bedroom affect your ability to work? I'm not saying it's good at all, just that you won't find a job anywhere if you refuse to work around homos.

[muman613]

How does what your coworkers do in the bedroom affect your ability to work? I'm not saying it's good at all, just that you won't find a job anywhere if you refuse to work around homos.

I so far (Baruch Hashem) have not known any openly homosexual people at work or at home. What they do at home I have no clue and I don't pry... But they don't talk about their homo lifestyle as I talk about my Jewish faith at work...

[Kahane-Was-Right BT]

With regards to that thread from last March (Is it time to short AAPL ?)
http://jtf.org/forum/index.php/topic,60451.msg539829.html#msg539829

I predicted the share would descend below 500, even bellow 450 by years end. Well it happened today 25 days after the year I mentioned ended. And before taking a nose dive starting I think in September 2012, that stock shot up to 700 and also distributed two dividends of $2.65 each.

http://finance.yahoo.com/q/bc?s=AAPL

I don't know if now it's fairly priced or not but I think that the halo is gone from that company. The market sentiment reflects the consumers sentiment who no longer assume everything Apple sells them is perfection and inherently superior to other products just because it's from Apple.

If someone had shorted when you first recommended, they would have had to pay 2 dividends but more importantly they would have been in danger of receiving a margin call!  Or at very least to have to pour in more money to the account to maintain the position.  As I said at the time there was a ton of momentum behind it and was going to rip higher.  And for months it did just that. 

And now its approaching long term support trend line might be a decent buy for a trade.

Your comments about aapl product consumers is untrue in light of the recent sales numbers they released.  They have a loyal consulmer base that is still quite strong.  The problem w the earnings report was not that they sold a record number of iphones (way more than 4q last year) but simply that they didn't beat the lofty expectations set by wall st estimates which were too exuberant and too lofty.

[Kahane-Was-Right BT]

Not to mention the market gains over that whole period since march 2011, it was definitely a waste to try shorting that under 600 in march 2011.   Most of the apple move down occurred in past few months.  Not only was it overbought technically but it also displayed a "shooting star" pattern at 700 on the weekly chart  which was a nice round number estimate many analyts actually gave it back when it was trading in 400's.  Shorting really doesn't pay.  As I said then, many better opportunities in the market.

[Kahane-Was-Right BT]

So aapl may be worth a trade now as its gotten cheaper and still dominant but forget about apple right now IMO.  It is VHC's time to shine now.

[muman613]

So aapl may be worth a trade now as its gotten cheaper and still dominant but forget about apple right now IMO.  It is VHC's time to shine now.

I have not heard, what is VHC?

[Zelhar]

If someone had shorted when you first recommended, they would have had to pay 2 dividends but more importantly they would have been in danger of receiving a margin call!  Or at very least to have to pour in more money to the account to maintain the position.  As I said at the time there was a ton of momentum behind it and was going to rip higher.  And for months it did just that. 

And now its approaching long term support trend line might be a decent buy for a trade.

Your comments about aapl product consumers is untrue in light of the recent sales numbers they released.  They have a loyal consulmer base that is still quite strong.  The problem w the earnings report was not that they sold a record number of iphones (way more than 4q last year) but simply that they didn't beat the lofty expectations set by wall st estimates which were too exuberant and too lofty.

It was never meant to be a stock buying/shorting thread. I did however said I would never short that stock by selling borrowed stock, but if I ever were to I would have bought put options.

The main issue I was trying to talk out is what the hell is going on with Apple. How valuable can a company that sells phones and computers could possibly get.

It's true their financial are still strong and technically not disappointing. If you neutralized their huge cash pile they probably trade now at a P/E lower then 10. But I wouldn't bet on their sales and profit margin keep going up or even stabilizing for the next 10 years.

[Kahane-Was-Right BT]

It was never meant to be a stock buying/shorting thread. I did however said I would never short that stock by selling borrowed stock, but if I ever were to I would have bought put options.

The main issue I was trying to talk out is what the hell is going on with Apple. How valuable can a company that sells phones and computers could possibly get.

It's true their financial are still strong and technically not disappointing. If you neutralized their huge cash pile they probably trade now at a P/E lower then 10. But I wouldn't bet on their sales and profit margin keep going up or even stabilizing for the next 10 years.

Valid points.   Now they seem to be valued cheaply compared to peers.  But they always have been.   So in a way, at the current price level, there isn't that much optimism priced in.

[Kahane-Was-Right BT]

I have not heard, what is VHC?

In short, VHC invented and patented very important technology which Apple has ripped off and put into the operation of Facetime and other functions which cannot operate without this technology.   So VHC is suing apple for damages and a royalty going forward.     The current case is nearing completion with VHC having already won a judgment for damages.   They in the past also got a favorable ruling against Microsoft.  They seem to have the best lawyers that money can buy.   They are also currently in a trial with Cisco, and they might have smoking gun evidence that Cisco "willfully" infringed on the patents, which would be 3 times damages.   Some companies have already signed on to royalty agreements with VHC so as to avoid the litigation.   Apple wants to stick it out til the end, but I believe VHC is going to win out in this scenario and eventually license all the major mobile players securing sizable recurring revenues for themselves.     I would buy VHC if it dips into low 30's or into the 20's.   If it's in the 20's I will be buying more to add to what I already have.

[Kahane-Was-Right BT]

Nice.
http://boardvote.com/symbol/VHC/communique/197803

Licensing deal with Siemens today.