DISQUS

Christian · 1 year ago

Zach,

Have been absent for a while (in protest of you claiming Democrats would block the bailout as an election year tactic. Which you were wrong about and never copped to. Plus, I'm still not too thrilled that you always link bait by typing the letters "A-P-P-L" in your posts). Although you seem to know little about politics and rabidly engage in link baiting, I nevertheless enjoy reading your stuff.

Only read the first two paragraphs of this post and it sounds like you have given up. You've been wrong so many times now you're throwing up your hands and saying, "No one (meaning you) can figure this thing out! Forget it!"

Maybe we finally do have capitulation.

Zach Bass · 1 year ago

Christian, you are just full of complements. If you read on, you would have found that I believe there is a way for investors to find redemption.

pk de cville · 1 year ago

"That’s right, we borrowed our way into this mess. People bought houses they couldn’t afford, and then using their credit cards..."

Huh? This had nothing to do w/ Wall St greed and corruption?

Just a tad more research required, Zach.

yet another steve · 1 year ago

Apple's entire business--its enterprise value--is now $63/share. This in the wake of what looks like the most significant successful product launch in its history. And the beauty of this new product? Carriers pay most of the cost.

Whatever the short term hiccups, it is the most obvious fundamental opportunity I've seen in my lifetime.

It's not just the companies ridiculously stellar balance sheet. It is also the state of its franchises.

It's the oppposite of the dotcom era--the downware momentum is that intense. And just like the dotcom era, we know how this story will end, we just don't know how far the stock price can go in the meantime.

There is just an amazing lack of long term business risk here. In a growth story? Cheap! I guess this is what a REAL Bear is like.

Bryan · 1 year ago

Zach, keep up the good work. Sounds like many here are jealous or just stupid?? It blows me away.

I remember you being cautious with AAPL since 150 or something like that. I'd say cautious since then has been wise.

People need to get a grip.

marcos · 1 year ago

Zach, you were right several weeks ago when you and others including myself said to day trade the hourly trend lightly and hold cash for the eventual drop in AAPL down to 85 or 80 or lower. I said I was all in at 75. I think we will get down there. Meantime, ride rallies up, a bit then bail. Its the 'bail out' time that eludes us because of paranoia, fear and government meddling. Because we are an optimistic people we want to believe its going up at every turn, but it won't stay up for long. The market hasn't given up the ghost yet. It will, count on it so long as idiots like Bernanke and Paulson are still in positions of authority. Look at the Dow at 7500. That's when the capitulation occurs and we start to move in another direction. By the way, Obama will be worse as he surrounds himself with worn out Clinton era losers.