Maybe Meta’s virtual reality glasses can save its aftermarket stock bump?
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Ghost of Igloi wrote:
agip wrote:
DGTD prediction check!
on 10/24/22 Apple was trading at $148. Igy said it would be below $100 in a year.
It did get as low as $124, but nowhere close to double digits and is now at $173, a nice 17% gain (not including the dividend!) from where Igy said sell.
Have to give Igy credit for predicting the fall from 148 to 124. That was a good call. But then the AI boom carried it back up. So overall, Igy was wrong.
Page 2936 if you want to go back and review.
I still say the cycle low for Apple is under $100. The very large deficit spending by the Government is prolonging the pain, both for inflation, and asset prices.
A classic example of doubling down on stupid.
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Ghost of Igloi wrote:
The real challenge for Apple shareholders is the apparent lack of growth.
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4,586 a distant memory.....ha, ha, ha :-)
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Haha wrote:
Ghost of Igloi wrote:
The real challenge for Apple shareholders is the apparent lack of growth.
Opps, after hours AAPL $169.58......ha, ha, ha. :-)
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Haha wrote:
Ghost of Igloi wrote:
The real challenge for Apple shareholders is the apparent lack of growth.
Whoa Nellie, $169.58 in after hours. That is down from $198.23 in the summer. Talk about a bumpy ride. Ha, ha, ha.... :-)
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No Trigger, you’re riding Nellie. Ha, ha, ha ... :-)
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This poster noted the variance in GDP forecasts for the 3Q. The first version of the number just came out: 4.9%. I'm glad the Atlanta Fed GDPNow number was close to correct - I use that most, just out of convenience. The number came out today: +4.9%.
AndreasStenoLarsen
@AndreasSteno
Q3 nowcasts:
Atlanta Fed: 5.6%
New York Fed: 2.2%
St. Louis Fed: -0.25%
In short.. LOL9:31 AM · Sep 11, 2023
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Ghost of Igloi wrote:
Haha wrote:
Whoa Nellie, $169.58 in after hours. That is down from $198.23 in the summer. Talk about a bumpy ride. Ha, ha, ha.... :-)
Bro Apple is not going to sub-$100 ever again
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Swaglord369 wrote:
Ghost of Igloi wrote:
Whoa Nellie, $169.58 in after hours. That is down from $198.23 in the summer. Talk about a bumpy ride. Ha, ha, ha.... :-)
Bro Apple is not going to sub-$100 ever again
And Bitcoin will be $100,000 next year.
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Ghost of Igloi wrote:
Swaglord369 wrote:
Bro Apple is not going to sub-$100 ever again
And Bitcoin will be $100,000 next year.
Idiot comparison. Whaddya expect from narrow eyed tile teeth though?
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Swaglord369 wrote:
Ghost of Igloi wrote:
Whoa Nellie, $169.58 in after hours. That is down from $198.23 in the summer. Talk about a bumpy ride. Ha, ha, ha.... :-)
Bro Apple is not going to sub-$100 ever again
TTM EPS on AAPL is $5.95, if EPS were to fall to $5.00 and PE fall to 20, the stock would trade at $100. That is not unreasonable at all.
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Over earning of S&P 500 companies, and higher than historical average PE is an artifact of lower tax rates (beginning 2018), lower cost of capital, and lower labor costs. Two of those three have already run higher. I would assume the corporate tax rate moves higher, since most of that benefit went toward stock buybacks, and dividend payouts, not reinvestment in capital or labor. Furthermore, Government subsidization of industry and consumers has spurred inflation and increased funding costs to the point it is no longer a rational choice.
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Slow poke. wrote:
Ghost of Igloi wrote:
And Bitcoin will be $100,000 next year.
Idiot comparison. Whaddya expect from narrow eyed tile teeth though?
The Doc from the rehab facility just called to increase your meds.
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A Nobody at OSU wrote:
Ghost of Igloi wrote:
Good to see you out of the bunker after a couple of up days. :-)
Market pumping again! Not quite at the 3300 level or lower like you said would’ve happened by now. Looks to be about 4400 and probably ATH by Dec 24! Idiot! Lmao. Giant tile teeth and no real accomplishments, now you can add bad “retard permabear” to the list. :D
^The Lunatic Troll post from 10/11/2023. Boy did you eat that one!
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Only $69 to go on AAPL. Off to the dentist to get those tile teeth cleaned. Maybe $68 by the time I return.
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Ghost of Igloi wrote:
A Nobody at OSU wrote:
Market pumping again! Not quite at the 3300 level or lower like you said would’ve happened by now. Looks to be about 4400 and probably ATH by Dec 24! Idiot! Lmao. Giant tile teeth and no real accomplishments, now you can add bad “retard permabear” to the list. :D
^The Lunatic Troll post from 10/11/2023. Boy did you eat that one!
Igy - don't you want the markets to do well? For the sake of everyone in the market? You seem to relish when the market does poorly. I can understand if you are shorting stuff but your giddiness when the market tanks is worrisome.
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Sally Vix wrote:
Ghost of Igloi wrote:
^The Lunatic Troll post from 10/11/2023. Boy did you eat that one!
Igy - don't you want the markets to do well? For the sake of everyone in the market? You seem to relish when the market does poorly. I can understand if you are shorting stuff but your giddiness when the market tanks is worrisome.
Fair enough. I think I took enough shots at the lunatic that insists on personal attacks. Perhaps his family will intervene and return him to the rehab facility. Out for now. Chow.
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Ghost of Igloi wrote:
Sally Vix wrote:
Igy - don't you want the markets to do well? For the sake of everyone in the market? You seem to relish when the market does poorly. I can understand if you are shorting stuff but your giddiness when the market tanks is worrisome.
Fair enough. I think I took enough shots at the lunatic that insists on personal attacks. Perhaps his family will intervene and return him to the rehab facility. Out for now. Chow.
Yes because Reid is a POS person. Loser with no real accomplishments and can only afford Texas. Funny stuff. Beaver teeth certainly don’t help. And btw you’re still super wrong about everything on this thread so that’s hilarious. We’ll be at 5000 before 3300 like you predicted. Permabear idiot.
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