If old members are coming back, what happened to Jerry Tagge??
LOL. It's always nice when you come by for a visit. Don't forget to call your mother!
C.H.U.D.
Protip: cash is a great investment.
QFTOriginally Posted by SkinBasket
Is this lame assklown suppose to be partial? Wow the king truly is dead.
You got my account locked out homie. Just popping in for the playoffs. I'm excited, dude. Worried, but excited.
Cash is for down payment on house, Skin. We are closing in middle of Feb.
Just saying, that's a large percentage of cash. I'm guessing you're putting a large amount down and doing a short term mortgage, but still, half your assets in cash (or real estate for that matter)... yikes. Hope your other investments stay strong.
And congratulations on finally making an honest woman out of your dime piece. You going to start a family proper soon?
Thanks! The Mrs. wants to have a kid when she is 29 so in two years. Scary stuff.
don't do 30 year unless you have to, and don't have to. 15 year max, pay twice a month.
LOL!
"That was my grandma's table!"
I think it's bullshit but it was funny nonetheless.....
Patlerized with a baseball bat with a bunch of 16d nails pounded through it.
Holy shit that was an ass-kicking, Mr. P.
And u didn't even look me up for the home loan ? Dick.................lol......j/k
LIFE IS ABOUT CHAMPIONSHIPS; I JUST REALIZED THIS. The MILWAUKEE BUCKS have won the same number of championships over the past 50 years as the Green Bay Packers. Ten years from now, who will have more championships, and who will be the fart in the wind ?
Apple drops 10% in after hours trading after missing forecasts again. http://www.reuters.com/article/2013/...90M1HD20130123
Ring the bells that still can ring
Forget your perfect offering
There is a crack, a crack in everything
That's how the light gets in - Leonard Cohen
Time to buy...
C.H.U.D.
I thought you were out of that business now.
We went with a close family friend. Otherwise I definitely would have. Locked in at a whopping 3.25% APR w00t w00t.
As for AAPL... amazing buying opportunity. They just had the best quarter by a company ever, excluding big oil companies. They aren't going anywhere any time soon.
AAPL will hit 1K. I planned it out to happen in 2014. It might take until 2015 or 2016, but it will happen (assuming a split doesn't occur).
PE of 10, record profits, record revenue, 20% growth, etc.
Last year for Q2, they had a 47% profit margin. This year they'll be about 39% for the same quarter. Updating all of their products in past 3-4 months killed margins in the short term, but that is a very short sighted view. They'll get production under control and get margins back up, while still selling an insane amount of stuff. I cannot emphasize enough how much I would buy. Bearish sentiment + strong fundamentals + obvious consumer interest = TIME TO BUYYYYYYY (Axel Rose)
Other stock tips from me:
1. AAPL is gonna fall to 370ish temporarily before a huge rally. Follow Peter Ghostine on Twitter. Dude has an unbelievable track record with technical trades and market patterns. I intend to offload around 470 and rebuy at 370ish.
2. AMZN is going to pop soon. Yes, they have the potential to be a huge, wealthy company someday. They are so incredibly overvalued right now, it's insane. They don't meet expectations (short on revenue, earnings per share, margin, etc) and the stock still jumps 10%. Fundamentals are very weak. Expect a correction soon.
Don't make excuses for AAPL. They screwed up, plain and simple. Now they have to pay the piper.
In the market, perception and momentum mean a lot; and AAPL has managed of cut the guts out of amazingly strong positions in both. They screwed up in many, many ways; not the least of which was providing ultra conservative (which in the market means "inaccurate") forward guidance for years. When they continually beat estimates on ever increasing earnings, and almost continually increasing rates of increase, investors just winked and bought more shares. Now, in the last year and a half they have not only provided more accurate guidance, they have missed estimates, shown their worst earnings increase projections in years and lowered guidance significantly.
Until 6-12 months ago, fund managers HAD to own AAPL. Virtually every analyst provided continually increasing price estimates, so individual investors followed right along with the fund managers.
Fund managers have dumped a tom of AAPL shares in the last month, and will continue to sell as price estimate revisions come in lower and lower. Any momentum will be negative. Any glitch in AAPL's sales, supply or releasesswill likely bring on more downward pressure.
You may have to adjust your "offload" price. It looks like a ceiling could be forming at about $460. It might be a while before we see $470 again.
Will you be selling any of the "buttload" of shares you told us that you bought in the low $600s? That will be locking in a loss of about 20-25%. Locking in a loss and buying back in at a lower price is not the same as locking in a profit and buying back in on a dip. There are different tax and securities implications when you do that. Make sure you understand what you are doing and be aware of the timings of your transactions to avoid unintended consequences.
Last edited by Patler; 01-30-2013 at 06:30 PM.
AAPL could become a range bound stock, trading in a narrow band well below "typical" P/E and other ratios common among the smaller dogs in their industry. It is something that can happen to a big dog when the luster is lost from a stock with huge market capital. A fall from +700 to just above 400 in about 3 months can cause a strange change in perception.
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