MacDailyNews - Where Mac news comes first

Buying now makes some sense...it is likely going to drop roughly within two weeks of the iPhone debut when inevitable blush fades... and then again in October (or sooner) when the market does it's normal fall correction. The Chinese markets have been very skittish of late and these have had a wave effect on the others... With the weakness of the dollar at the moment this could easily impact U.S. Stocks including AAPL but in the short term (say 5 weeks) it's a pretty good buy even at $125.

Cramer recommended selling 5 days before the iPhone release - I think that was a rediculous thing to tell people.

You sell when the market conditions dictate a sell. It is a total roll of the dice to sell before the iPhone announcement, just like it is to sell before quarterly earnings announcements. Sometimes the stock drops a few points, other times it gains.

Reasons to sell before launch would be if there was going to be poor demand or lots of users instantly paning the iPhone (other than Team Balmer). But AT&T;and Apple are going to be ready for the on slaught and no one who gets their paws on an iPhone is going to say bad things about it - even if they believe them - because it is too chic and too exclusive.

wtf does "aspirational brand" mean?

nevermind.

aspiration |ˌaspəˈrā sh ən| noun 1 (usu. aspirations ) a hope or ambition of achieving something : he had nothing tangible to back up his literary aspirations | the yawning gulf between aspiration and reality. • the object of such an ambition; a goal : fabrics and oriental rugs were my aspirations. 2 the action of pronouncing a sound with an exhalation of breath. 3 Medicine the action of drawing fluid by suction from a vessel or cavity. DERIVATIVES aspirational |- sh ənl| adjective (in sense 1) .ORIGIN late Middle English (sense 2) : from Latin aspiratio(n-), from the verb aspirare (see aspire ).

Phew...

I picked up another 400 shares yesterday, just before close. (yea, I know it wasn't anywhere near the low of the day). Looking at these as a quick buy and sell. Will probably sell after WWDC.

Even though I know the stock is going up, putting almost another $50K in does make me nervous.

$125.98 at 9:42am. No end in sight.

Make that $126.22 at 9:44. What I was looking at before was a delayed price.

When is the Bear raid coming? End of July?

Steve: You have my permission for a stock split. I'd recommend an announcement tomorrow, before WWDC.

Wow!

They're worth over €93,0 here in Berlin. That was their dollar price just a few weeks ago!

BOO-YA JIMBO !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

wtf does "Botvinnik" mean?

See below for an interesting read about Mr Cramer.

Cramer deconstruct

AAPL climbing like a rocket today, again.

And after observing Ballmer for years in the wild,
Microsoft can be characterized as a perspirational brand.

@Botvinnik
Just josh'n you dude.

"Aspiration" - getting all sweaty because of asses like me.

@me,

Hmmm, stock analysist are you? LOL Actually, you can follow the herd but its best when your slightly ahead of the heard. Saves walking thru all that cow droppings. LOL

The idea is to sell before the profit takers and buy back when it settles at the bottom of the curve, riding it all the way back up.

Notice Cramer says "the skys the limit" and he does not gush easily.

en

I surrender!!! No Mas!!

Enjoy my $'s AAPL fans, bought some June $120 PUT last week, but clearly wrong. I don't have a problem with AAPL, i like the products, but my trade was based on an assumption that AAPL are overpriced, clearly I was wrong, so no hard feelings.

Enjoy the ride, and my $'s, ouch!

BREAKING NEWS: Paris Hilton has been reassigned to 40 days house arrest. All news outlets will cover this story exclusively for the next three weeks, 24 hours a day. The G8 Summit has been put on hold. Also, the WWDC has been postponed until further notice. Stock markets have been ordered to suspend trading. All police and emergency responders worldwide have been asked to suspend all activities pending a Congressional oversight review. Several geologists have speculated that the earth's rotation could possibly be in jeopardy as well. Stay tuned as if you had a choice.

You mean buy low and sell high?! No way!! Seriously dude, NO WAY!!!!! You've cracked it man!! But keep it to yourself - you could be quids in!!! You are a frickin' genius!!!!!!!!11!!!!

/sarcasm

Lets just get this out of the way now....

June 7th, 2007
Apple shares hit new all-time closing high - again

Never
Gets
Old

That's some brave post by pudding & pie. Good on you!

And yes my pension is enjoying your $'s.

@ Macaday,

lol, May you be happy and peaceful!

you've got to be able to take your hits with the same good grace as your profits. I knew I was on to a beating when I watched the iphone ads, d'oh!

Who is Postive Cramer?