moise,do you really think they will really get aapl that low and if so, wouldn't it be more of a extreme buy than a short at those levels?just working some conservative numbers. in ~4 wks aapl will likely announce eps of ~$11.50 (high of 12, low of 11,imho) and a combined eps ~$45.00. balance sheet will likely increase to 120 billion w/ no debt. that would give it a ttm p/e~12.7 (ex cash ~9) with well over 50% growth at today's close of 577. that would be one of lowest fundamental valued levels we have seen in aapl (incl early '09).if we take the price to 530, it gets even more extreme, let alone 480. and this is just 4ks fwd. by eoy, we are likely looking at over $55 eps and $130 billion cash. sure it could happen with another financial collapse like '09, but aren't the companies with strongest fundamentals they ones to buy?
Great comment !I agree, it will be a great buying opportunity !
my $.02 silly guesses are:short 605 with very tight stop @ 610 and target 465then long from 430 with stop @ 415 and target 490 ... but this might be too obvious and looking too far ahead
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