Thread: Apple

Originally Posted by tsptalk

Picked up a little AAPL at $395 yesterday and added today at $405. Rolling the dice for an earnings trade.

Originally Posted by tsptalk

Well we saw 420+ after hours but because I bought with unsettled funds the other day, I have to wait until Thursday before I can sell if I want to. It has held last week's low, which is a good sign, and just below that is a good place to put a stop.

I put in a sell limit order on most of my AAPL position this morning at $411 and it got hit Thursday afternoon. Still holding a very small position, just in case it has bottomed. Stop is just below earning's day low near $395.

Originally Posted by tsptalk

I put in a sell limit order on most of my AAPL position this morning at $411 and it got hit Thursday afternoon. Still holding a very small position, just in case it has bottomed. Stop is just below earning's day low near $395.

Put in a limit order to sell the rest of my AAPL position at $435. If it doesn't get hit today (currently $432) I will probably sell on the close. The 50-day EMA is $436 so it looks like a good place to take profits.

Originally Posted by clester

Now is the time to buy IMO. I don't have a trading account or I would.

Man. You guys will learn to listen to me one of these days. Haha.
I had a buy on Microsoft too!

Maybe I don't understand this 100%, but apple is issuing corporate bonds to raise capital? They're still sitting on a gigantic cash pile last I checked. Can someone clarify this for me?

I don't really get it either. They are borrowing money via bond debt, so they can give it to current shareholders? There must be some business benefit in doing this. Perhaps they are taking advantage of low interest rates.

Originally Posted by bmneveu

Maybe I don't understand this 100%, but apple is issuing corporate bonds to raise capital? They're still sitting on a gigantic cash pile last I checked. Can someone clarify this for me?

The cash pile is overseas holdings. You have to be international banking savvy to see why they are built that way, but its simple....hide the cash in the cheapest vault. Overseas holdings (non-US corporations) do not get taxed. Think of Apple like Mitt Romney and his cash in the Caymans (which is no longer a safe haven).

Now, most companies run on debt....they extend to make money on growth....But now they want to buy back their shares....so they restructure their debt (accounting trick) and then they issue bonds to cover their intentions. So, they want to buy back their shares (pay off the stockholders) so they don't have to pay dividends and can in turn realize that money in other forms. They can use the funds for other projects/R&D, and supporting those off-shore efforts.

Interesting though, a Russian billionaire just bought $100Mil USD. Hmm.....Elite stock holder?

Originally Posted by tsptalk

I don't really get it either. They are borrowing money via bond debt, so they can give it to current shareholders? There must be some business benefit in doing this. Perhaps they are taking advantage of low interest rates.

Low stock price more likely.

Originally Posted by Frixxxx

The cash pile is overseas holdings. You have to be international banking savvy to see why they are built that way, but its simple....hide the cash in the cheapest vault. Overseas holdings (non-US corporations) do not get taxed. Think of Apple like Mitt Romney and his cash in the Caymans (which is no longer a safe haven).

Now, most companies run on debt....they extend to make money on growth....But now they want to buy back their shares....so they restructure their debt (accounting trick) and then they issue bonds to cover their intentions. So, they want to buy back their shares (pay off the stockholders) so they don't have to pay dividends and can in turn realize that money in other forms. They can use the funds for other projects/R&D, and supporting those off-shore efforts.

Interesting though, a Russian billionaire just bought $100Mil USD. Hmm.....Elite stock holder?


Low stock price more likely.

Wow James, had to throw in a political jab there... I suppose there are no Democrats with off-shore accounts? Wait, AAPL's Jobs was a Democrat right?

Originally Posted by RealMoneyIssues

Wow James, had to throw in a political jab there... I suppose there are no Democrats with off-shore accounts? Wait, AAPL's Jobs was a Democrat right?

Who's James?

Originally Posted by Frixxxx

Who's James?

Think about it...

Probably has a lot to do with low interest rates. Last year BNI sold $1.25 billion for general purposes at something like 3%.

Figure a 30 year at 2.8% today for AAPL is a pretty sweet deal.

This is where interest rates benefit the big business but not main street. I can't sell a bond on my assets or get a HELOC for less than 3%, but I can get a money market savings account that pays .03% a year. These are good things to pay attention to however, because if insiders keep cranking out high offerings at these rates, they probably don't think they have much lower to go.

Well, i still have all my aapl shares. Now what? What exactly is this weeks news going to do for me, the little guy stock investor? Outside of the fact that i am almost back to even with my trades. Just short by about 300 dollars. Which aint bad considering a few days ago i was down around 2700 or more.