A good time to buy Apple (AAPL)
 

It's not as good as when it was in the 70s earlier in the year, but now is still a good time to buy before the earning report comes out next week.

http://www.google.com/finance?client=ig&q=AAPL

amzn too

They should beat estimates, unfortunately they have this annoying habit of posting weak guidance nullifying the effect. Frustrating when they blow the estimates out of the water to see the stock only slightly up. Hope it will be different this time around..

True dat, but it's a lot more than slightly up and will continue to be bullish.

Yeah yeah... Interesting...

It always happens that way with AAPL. It is best to sell it now and buy it after the report when the stock has gone down.

<--- snapped mine up in the 70s...

Ha.. Got mine at 15 and change.. :)

Did you sell last year when it was at 180?

It will go down, true. But it will go up first, and even when it goes down, it goes back up, then back down, up, down, up, down.

i have made money on aapl several times.. perhaps i should buy again.
those damn iphone apps must be making them a furtune..

I think they said they're just breaking even from the app store.

Intell just had a big quarter. That should be a taste of things for come for Apple. I bought my Apple at 15$ a couple years ago, I am cashing out at 200$.

but imagine in a year or two...
same scenario with their itunes, initially it was a red line on their balance sheet, not any longer..

Yeah, it will.

I bought em at like $12 several years ago when they all said they were dead.

good time to buy just about any stock now :)

made something?:pimp

Up almost $4 today.

Good time to buy an iPhone or an iMac 24' hehehe

Yeah, over $150 now.

i beg to differ
 

i think that's really a rough call on that one. I think alot will depend on earnings reports of on monday and the same day. the market will be looking for signs of economic recovery as it has been, but apple is a guaranteed beat, close, but the fact of the matter is that apple has been increasing estimates(always good of course) but in a bleak market these estimates are allowing the stock to start to become overvalued, and unless you expect estimates for 2010 to jump into the 7 dollar range soon, i think apple is at a temporary peak. a beat in earnings will not provide as much of a price increase as usual. keep in mind, since the market looks forward, a beat in earnings, is actually already factored into the stock price at this point. i think any jump in price will depend on CAT's earnings, airlines are alos resporting that day, as well as sherwin williams, starbucks, and coke which are all huge companies. anything drastic is reported in any of those companies, it could knock the whole market out of whack and then ARMAGEDDON. so just buy a few options contracts with august expiration, with a 150 155 strike price, double your money and look out for something not so obvious to make some real cash.