Aapl - Apple

Discussion in 'Investment Charts' started by longtermbull, Mar 22, 2017.

  1. gowiththeflow

    gowiththeflow Senior Investor

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    Spending some of the massive warchest might be the way forward for the company - tag on another growth business to offset any slowdown in the i-product portfolio.
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    Maybe it is time to splash the cash from that massive warchest - at least this would take the focus away from the struggling core business. If this latest iPhone does turn out to be a flop, the share price might have lost its historic market premium forever. Investors and markets are not very forgiving!
     
  3. gowiththeflow

    gowiththeflow Senior Investor

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    A tech share with its own individual problems - this is a worst case scenario for Apple. More downside to come as the shares continue to crash through support levels. There will no doubt be a time to buy although, as mentioned above, Apple could be in danger of losing its market rating premium at least in the short term. Not the bellweather of the tech sector we used to know in the past :(
     
  4. Buyonthedips

    Buyonthedips Senior Investor

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    Review: More downside (price $165.48)

    In my view it is too soon to buy this one as there would appear to be more bad news on the way about the new product range. One thing which might change the downtrend is a promise to spend the company's huge cash pile on a new leg to the business.
     
  5. longtermbull

    longtermbull Administrator Staff Member

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  6. gowiththeflow

    gowiththeflow Senior Investor

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    In many ways this could be seen as the exact opposite to Tesla - where everyone is now starting to turn positive, just prior to the short term high for Tesla shares?

    Every man and his dog seems to be throwing some mud at Apple (to be fair the share price graph and news flow do not look appetising). When the big hitters turn negative then we might see that stereotypical big sell-off just prior to a rebound and partial recovery. Human nature dictates that shares doing well will be chased to over bought levels and those struggling will become over sold.
     
  7. longtermbull

    longtermbull Administrator Staff Member

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    All of the news regarding Apple suggests the growth we have become accustomed to could be a thing of the past. However, tech shares are under pressure, Apple shares are under pressure and with no confirmation or denial about trading issues from the company this has created as much uncertainty as possible. The shares have lost nearly 30% of their value since hitting a high in October this year.

    Personally, like some other investors, I think it is time for the company to open up its war chest and go on the offensive. Reducing dependence on iPhone and iPad products will help the company’s profile and future profit mix. This is a nightmare scenario for Apple at the moment but at some point, possibly now, they will become oversold.
     
  8. gowiththeflow

    gowiththeflow Senior Investor

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    There was not really a massive bounce in the Apple share price yesterday despite the bounce in the market. I just wonder, are there things going on behind-the-scenes we are not yet aware of in public? The share price is telling us something, something is not right.
     
  9. Chartman

    Chartman Senior Investor

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    Possible short term rally to $165 if markets recover but medium to long term there are still many issues to be sorted.
     
  10. gowiththeflow

    gowiththeflow Senior Investor

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    It looks to me like Apple is losing its (historically) well earned premium over other stocks. This slow deflation is stopping any kind of sustainable rally - however, it could change in an instant. Do not write-off Apple just yet but be cautious.
     
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