Posted by DigiNomad on 17th of Aug 2022 at 01:03 pm
The fundamentals don't match the valuation. That said, I said
the same thing about AMZN for probably a decade until I was
eventually right. That's why I simply said "trail up stops"
The market can stay irrational longer than many can remain
solvent. Don't bet against cult stocks (disclosure: I'm short BBBY
SEP 02 expiration, 40 strike calls)
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AAPL has stayed stubbornly green
Posted by anjali25 on 17th of Aug 2022 at 12:11 pm
AAPL has stayed stubbornly green even while the market has been dropping - thoughts ?
General is last to be
Posted by retirefire on 17th of Aug 2022 at 02:03 pm
General is last to be shot
Looks like AAPL was waiting
Posted by anjali25 on 17th of Aug 2022 at 02:20 pm
Looks like AAPL was waiting for the Fed spike to complete its ED on the 10 min
Cult stock. Like TSLA. Fundamentals
Posted by DigiNomad on 17th of Aug 2022 at 12:41 pm
Cult stock. Like TSLA. Fundamentals don't matter....until they matter. But hard to fight it until they do. Trail up stops.
Apple is also in every
Posted by mla127 on 17th of Aug 2022 at 12:55 pm
Apple is also in every funds known to mankind seems like lol .... that helps
They buy back a lot
Posted by timebandit on 17th of Aug 2022 at 01:03 pm
They buy back a lot of stock.
Cult stock? People buy them
Posted by tgo5043 on 17th of Aug 2022 at 12:46 pm
Cult stock? People buy them because they realize ( by experience) how totally superior they are to all competitors. Good reason to own in my books.
Cult stock? People buy them
Posted by tgo5043 on 17th of Aug 2022 at 12:46 pm
Cult stock? People buy them because they realize ( by experience) how totally superior they are to all competitors. Good reason to own in my books.
The fundamentals don't match the
Posted by DigiNomad on 17th of Aug 2022 at 01:03 pm
The fundamentals don't match the valuation. That said, I said the same thing about AMZN for probably a decade until I was eventually right. That's why I simply said "trail up stops"
The market can stay irrational longer than many can remain solvent. Don't bet against cult stocks (disclosure: I'm short BBBY SEP 02 expiration, 40 strike calls)