View Full Version : Cramer and AAPL relationship
Shizie
07-28-2006, 07:52 AM
AAPL was at its all time high of 86, Cramer said buy.
AAPL dropped to 72 he said buy
AAPL dropped to 60 he said buy
AAPL dropped to 55 he said its time to sell because apple sauce of being made of AAPL. = AAPL tanked a bit and went straight to 64.
Yesterday when Cramer opened his mouth on AAPL again and said its time to buy I was so sure about my trade... I dumped it when it was testing 65.. and bought back at 63.
Listen to Cramer and do the opposite.
wqcustom
07-29-2006, 11:19 AM
you kinda skipped the entire run up to 86 when cramer said buy the whole way. pretty important part you left out. and just about all tech has sold off since early may. aapl was around 72 at that point.
bottom line: sometimes cramer gets 'em wrong, but he gets alot right too. alot of which you conveniently left out.
Thierry Martin
07-30-2006, 12:01 AM
Cramer is right more often than wrong. He knows more about certain stocks and sectors than others. I know about Apple, and I knew the slide was over when Cramer went bearish on it. To his credit, because he has been around the block more than you or me, he reversed back to bullish pretty fast. Even when he was bearish, it sounded like he wanted people out of the stock until it was clear the brutal downslide was over. He was still recommending the stock for the long term, for those willing to take the volatility.
Now, from the advantage of time, it looks to me like the slide was caused by idiot shortsellers trying to make money on their "inside" knowledge of the "ipod killer" from Microsoft. I guess these same idiots will short Toyoto when Microsoft announces it is coming out with a "Toyoto Killer" car. After all, Microsoft has a long history of innovation, don't they? I mean, they don't just copy other people's stuff, right?
Shizie
07-31-2006, 03:22 PM
imho: the slide started in January when Jobs said he expects soft mac sales due to transition to Intel...
Shorts made alot of money here, the good thing is that jerkiest of them expected AAPL to close last year's July ER gap and are getting ****** or got ****** during this early stage of the new uptrend.
Shizie
07-31-2006, 03:45 PM
PS. that MSFT thing IS a threat, whether we like it or not..
they will buy popstars to promote it, will sell it with loss, will spend a billion dollars to promote it etc..
I find it unacceptable that AAPL has not refreshed its Nano yet! we are missing sales now.. lets hope the new Nano is announced during the congress next week
unstatusthequo
08-25-2006, 08:16 AM
New ipods may be announced sometime after September 16th. That is the day their current promotion ends. Historically, they've done such a thing before. The promotion is for college... buy a laptop, get a nano free. Nice way to reduce supply for a new product. Also, some big-box retailers have already seen the EOL (end of life) message on their supply software, meaning the stock that's out there is it.
This is all what I'm hearing from multiple sources around the AAPL tree. Also, they are due to recieve a LARGE shipment of Core 2 Duo chips in the first week of September, also by rumor. Many expect that this new chip will be immediately replacing the Core Duo chip that runs it's MacBookPro and MacBook, and I believe the MacMini. So, there MAY be some new revisions to the MacBook and MacBookPro coming down the pipe soon.
channao
08-26-2006, 06:52 PM
unstatusthequo, can you tell me where you acquired this information?
madcowdisease
08-26-2006, 11:06 PM
With stagflation aside, tech will be back in the fourth quarter like it has been year after year.
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