Quote:
Originally Posted by Hammock Parties
Goldman Sachs downgraded IQ to "neutral" and it took another dump.
Probably so these rich assholes can buy it low and watch it go sky high in a year.
****ing jerks.
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The smart people like me bought in near $30. I've got a covered call for August for $37.5. If it doesn't hit I make some money but I am hoping it does so I can get out from this shit.
Quote:
Originally Posted by Rain Man
This stuff worries me a little bit, because it seems like it's creating an artificial demand that will stop at some point.
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Apple has loads of money. Not likely.
I bought in on July 23rd for $188 and sold today on a limit order at $205. Not bad for a week's worth of work.
Apple usually has a spike, followed by a pullback after many good earnings reports. I may re-enter in a long position if it dips below $195 again but my always concern with Apple is it's composition share in many mutual funds I already own. When Apple does well, those funds usually benefit from Apple's gain. Not sure I want to add more investment risk for my long-term positions by loading individual stocks on a company that makes up so many other funds.