Stupid GOOG and IBM

10/18/2012 2:48:59 PM

pretty much everything

10/18/2012 3:15:47 PM

Sigh, I keep forgetting the market is closed.

10/30/2012 4:27:26 PM

NFLX

10/31/2012 3:10:43 PM

Quote :

"Market Chatter: --Netflix Halted in Late Regular Session - Carl Icahn Reports Nearly 10% Stake in Company, Dow Jones Newswire"

also VRNG down 36%

[Edited on October 31, 2012 at 3:37 PM. Reason : updated.....guess they arent winning that patent case afterall]

10/31/2012 3:31:25 PM

as much as i dont really like AAPL long term i took the plunge friday and bought in at $577.

PE of 13 now and it normally doesn't dip below 14. Left enough behind that i can double down if I'm early

11/4/2012 12:51:13 PM

Damn, didn't realize it was sub 600. May buy some more too.

11/4/2012 1:17:10 PM

Dividend yield is up to 1.8% now. Not that their dividend yield has anything to do with the value of the stock, but it is something to consider because it puts it on the buying radars of a lot of "value" funds that would love to own more apple but couldnt justify it at higher valuations...

11/4/2012 2:45:07 PM

Quote :

"NFLX "

haha, I bought that one prob 4-5 years ago and sold just a few months before it crashed.


^^^ That's pretty much me. Well, I don't dislike it horribly long term, but I've had a helluva run with it and want to put the money somewhere else...I bought at ~$105 and again at ~$175; I was waiting for it to go back up to near $700 and then sell. Now that it's at $575, with such a low P/E, I actually will probably buy some more. That will put me awfully heavily invested in them (I already have more AAPL than any other stock, I'm pretty sure), but I just don't see how you can lose with a company like AAPL being sold at those valuations and paying a 1.8% dividend.

11/4/2012 3:19:18 PM

Good start. The minis are selling

11/5/2012 11:43:32 AM

bought some aapl on friday @575

11/5/2012 11:53:01 AM

just bought some SPY

11/7/2012 10:36:04 AM

apple finally adjusting to market or temporary dip?

11/7/2012 1:32:10 PM

now that i can talk about these things, if I were you guys i'd look into some jun13 or jan14 XLF puts. i like the 11 and 12 strikes

11/8/2012 1:45:39 PM

I bought some more SPY and AAPL on Thursday.

^^ at these P/Es, with a decent little dividend to boot, I just don't see how you can lose with AAPL.

11/10/2012 10:14:57 AM

Idk man, i think it may be a good time to stay away from all of the common dividend names. Divs are going to get punished even more by taxes so i would suspect some eventual sell off caused by this. It'll likely be a gradual underperformance caused by that idiosyncratic event.

If you have to be long going forward, i like non-div paying mid caps paired with long dated xlf puts (strikes 10-14) which can be acquired on the cheap.

The way you can lose with AAPL is that it is the largest hedge fund holding in the world by over 2:1. Im not saying that it cant outperform and get it all back, but because all of the smart money moves this name, it is a bit scary on the downside. While AAPL's business is obv strong and it's fundamentals look good, one thing not taken into consideration is the way a stock's multiple should be viewed during times of high market volatility.



[Edited on November 11, 2012 at 1:42 AM. Reason : J]

11/11/2012 1:37:47 AM

.im hoping at least one person read this and took my advice on the high div yield stocks. they are getting crushed. significant underperformance.

the XLF puts are up 15%-20% across the option chain this week

[Edited on November 14, 2012 at 5:17 PM. Reason : .]

11/14/2012 5:15:26 PM

hey all you liberal hippies. Care to take a look at the stock market in the last 7 days?

11/14/2012 9:28:38 PM

Why would they care, they don't save any money

11/15/2012 8:56:18 AM

AAPL @525 now...should i buy more or wait till Jan?

11/15/2012 12:03:21 PM

it's not worth buying here unless you are pairing your long positions with some downside protection

so for most investors that prefer to simply be long equities, it is probably better to be on the sidelines

11/15/2012 12:06:03 PM

Why not just go long?

11/15/2012 1:59:38 PM

yikes AAPL....will wait it out till Jan

11/16/2012 10:59:30 AM

just tryna look out for a ninja

11/16/2012 11:18:23 AM

Yeah, wtf AAPL. Every day it looks like a better buy but I'm scared to pull the trigger.

11/16/2012 11:26:59 AM

Thats why i was saying if you do that, buy some downside protection for the short term. Most of the people in this thread look at AAPL as a long term investment, so if you want to take some of the edge off of this general market sell off then you need to pair it with a negative delta position (it doesnt have to be options if thats not your thing. You could use any of the short S&P 500 etf's etc to reduce the delta exposure short term and sell them back as things stabilize).

What i would do is look at AAPL's beta and use that as a guide to hedge some of your long AAPL

[Edited on November 16, 2012 at 11:38 AM. Reason : D]

11/16/2012 11:36:19 AM

No way it's a worst buy than Best Buy.

11/16/2012 11:37:02 AM

For those in the options game, i like the SBUX Dec 49 handle straddle. You can pay about 3.30 for it now. Dec 5th they have their big investor conference and product presentation and may guide on earnings estimates

[Edited on November 16, 2012 at 11:40 AM. Reason : I]

11/16/2012 11:40:35 AM

I had some put to me at $50 and sold Dec calls at $52.5. They announced their acquisition of Teavana yesterday, so there's good potential upside.

11/16/2012 11:44:36 AM

Quote :

"if you want to take some of the edge off"

Meh. I'll risk it.

11/16/2012 12:02:01 PM

my absolute floor on AAPL is 400 (which happens to be where AAPL was at the beginning of the year)

11/16/2012 12:09:02 PM

Looks like my cousin got bored
11/16/2012 11:26:56
Bought 150 AAPL @ 510
11/16/2012 12:29:54
Sold 150 AAPL @ 526.47

11/16/2012 2:02:26 PM

Beta was his friend

11/16/2012 3:56:26 PM

Sold some AAPL 545 calls for next Friday.

Beer money.

11/16/2012 4:07:19 PM

Lol wat

Who is letting you write that off the run



[Edited on November 16, 2012 at 4:15 PM. Reason : J]

11/16/2012 4:12:08 PM

here we go again!

11/19/2012 9:46:24 AM

gahh...i wish i would have bought more AAPL last week @525....got some today @544...its above 560 right now

11/19/2012 3:26:02 PM

Better to buy on the upswing.

11/19/2012 3:38:37 PM

market timing is impossible with the amount of potential macro events out there

Quote :

"gahh...i wish i would have bought more AAPL last week @525....got some today @544...its above 560 right now "

it couldve been at 490 just as easily.

11/19/2012 3:52:26 PM

not blaming anyone here just thinking about not following my instincts...anyways i am long on AAPL so just adding them to my small but growing portfolio

11/19/2012 3:56:32 PM

i wasnt saying that, moreso what I was saying is that it is pretty difficult to have any conviction while trying to catch a falling knife

you could make a very feasible case either way

11/19/2012 4:09:44 PM

anyone like MSFT, NOK?

11/20/2012 11:18:57 AM

I got back into MSFT a month or two ago. Not balls deep, but back in nonetheless.

11/20/2012 11:24:53 AM

I took a flyer on DE when it was at its lows today via dec 85 calls. Earnings come out before the open

11/20/2012 4:48:10 PM

well that couldve gone better lol. It should recover but it's not going to be the home run that me and a lot of other guys were hoping for

11/21/2012 10:21:33 AM

What do y'all think about making a quick buck on the temp upticks from the TAG expiration?

11/24/2012 9:31:10 PM

picked up some MU, got a limit order in for MRVL

11/29/2012 10:22:31 AM

Marvell is a dog

11/29/2012 12:05:54 PM

got AMD and OCZ yesterday.....both are up

11/29/2012 12:35:32 PM

^^ probably, but every dog has its day.

its trading below book, and short interest is decreasing..

i'll probably set a tight trailing stop if i get in

11/29/2012 1:15:14 PM