DISQUS

marcos · 11 months ago

Commodities are too volatile a play. I think today's AAPL run up is a bear fake. No volume lets it run but, as you said, once the big boys get back in their seats, they're going to move it south, big time.

marcos · 11 months ago

btw, Jobs' health is probably bad going to worse but the decline to appear at MacWorld is simply the reason given not Jobs' health.

Bryan · 11 months ago

We're getting our Jan 20th Rally.

More buyers than seller right now. S&P finally cleared 918.

Odds say we move up now. Market has clearly mellowed and made a short-term bottom. We are seeing the round up now. Perhaps we get close to 1000 on the S&P in the next couple of weeks.

No reason to buy AAPL imo. Too much risk. Better buying the market.

Jobs health is old news until actually proven. We've heard it before.

I agree that Gold is the play later this year.

mybear · 11 months ago

"I think AAPL could lose as much as 25% of it’s value in the next couple of days"
-Zach Bass (a.k.a Ernie Varitimos) Dec 30, 2008

Nice call dickhead!

Zach Bass · 11 months ago

You're taking my statement out of context. I preceded this with... "If the story is true, and it’s verified"

I didn't say AAPL would lose 25% unconditionally.

mybear · 11 months ago

Except you never even considered the possibility that it wouldn't be true.

You've been saying that AAPL was headed for the 70's for weeks, and all of the sudden it is contingent on the possibility that a false rumor put out there by some stock manipulator might be true?? How very convenient for you especially since the stock has gone up now. Nice way to cover your ass there.

Any "real" AAPL investor would have known that Gizmodo has been notoriously inaccurate and biased when it comes to Apple news and that they have been shamelessly used as a means to bear raid AAPL shares before. Why did you not disclose this to you 'faithful'?

If you had done your 'followers' any service you would have told them to buy shares on the obviously fake news. But that would had required you to admit that you were wrong now wouldn't it.

Zack Bass investment philosophy- Buy High/Sell low

hwyflier · 11 months ago

Damned I am good! Check out this post from me last night regarding Steve's health which I knew all along. Why did I decide to post last night? I don't know. (See next to last comment from note attached).
Argus Research analyst: Apple CEO Steve Jobs is healthy
Friday, January 02, 2009 - 01:04 PM EST

"Pretty much nobody is picking up the phone at equity research firm Argus
Research this morning, so take this as unverified: the firm’s analyst on Apple
(AAPL), Wendy Abramowitz, this morning lowered her price target on Apple to $145
from $155, while affirming that she does not believe Apple CEO Steve Jobs’s
health is deteriorating," Tiernan Ray blogs for Barron's.

"Abramowitz lowered her earnings estimate for Apple for the December-ended
fiscal Q1, from $10.1 billion and $1.54 in EPS to $9.7 billion and $1.52, which
appears to have mainly to do with the fact that December’s margins will be lower
than the December quarter of 2007 when the company was riding the release of the
Leopard operating system," Ray reports.

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Reader Feedback: ( = registered)

Jan 02, 09 - 01:17 pmComment from: Marco Macro
I hope Jobs does a surprise visit! That be a nice treat!

Jan 02, 09 - 01:24 pmComment from: R2
Then why can't Apple or Steve Jobs himself come out and say it?

Jan 02, 09 - 01:27 pmComment from: pxlmixer
Who cares what happens to SJ. We have the technology to clone him - Apple may
already has the patent on the SJ clone.

One of these days we may get a visit from the Walt Disney clone...

Walt Disney - who is that? Seems like his legacy has lasted and grown... maybe
not to the same effect he would have imagineered yet the ideas that Disney
developed live on. Long live (the idea of) those who take risks and fight for
something they believe in to improve the quality of life.

Jan 02, 09 - 01:38 pmComment from: LordRobin
Steve Jobs needs to come out on the stage at MacWorld and beat a man unconscious
with his bare hands. Only that will stop the rumors!

------RM

Jan 02, 09 - 01:51 pmComment from: Arnold Ziffel
I think Steve ought to come on stage limping, on crutches, with a

gauze bandage on his head just to tweak the rumor mongers.

Jan 02, 09 - 02:00 pmComment from: Splat
I think SJ has launched Apple and is no longer NEEDED. Sure it is nice to have
him around but at some point Apple needs to leave the SJ NEST and fly. Holy cow
you guys, SJ has given Apple a pretty darn sweet send off.

Jan 02, 09 - 02:46 pmComment from: funnylady
I pray that SJ is healthy & strong and stay that way for a long time.
If he is my idea is...

SJ walks on stage after Phil finishes keynote with an apple in his hand (tossing
it a bit as he greets everyone). Shortly after that, just as Steve is about to
bite into the apple, someone dressed as the Grim Reaper follows him onstage.
(Give audience time to laugh)

SJ faces Grim Reaper and says: "I guess my time has come, huh?"

Grim Reaper says: "Well you were supposed to be dinner tonight" (Grim pauses and
rubs belly) "But I had an analyst for lunch and now I have indigestion."

SJ: "Oh. Well they cause indigestion even when you don't eat them."

Grim Reaper says: "Well, I guess dinner cancelled for tonight." He sighs and
then say: "Uh, do you do anything good for indigestion?"

SJ hands Grim Reaper his apple.

Jan 02, 09 - 03:04 pmComment from: spyinthesky
Because R2 they would have to do it again next week and the week after. Its
simply pointless playing that game.

Jan 02, 09 - 03:09 pmComment from: ken1w
@ R2

> Then why can't Apple or Steve Jobs himself come out and say it?

Because all of this tech media attention before Macworld is exactly what Apple
wants.

At some point, when the media frenzy has reached its peak, Steve Jobs will
appear looking fit and healthy. It may be during Macworld, or it may be later to
suck away the media coverage from CES. Whenever it is timed, that event will
destroy the short sellers doing the stock price manipulations, discredit anyone
in the media who fell for the rumors and reported on it, and reduce future rumor
mongering about his health.

As long as Steve Jobs is fit to be CEO, Apple is doing nothing wrong here. In
fact, they are playing it very clever (as usual). Media manipulation is one of
Apple's core competencies.

Jan 02, 09 - 03:20 pmComment from: gws
if SJ were very or gravely ill, it would be unethical and perhaps illegal not to
reveal it. The SEC would have a field day.

No news is good news.

- gws

Jan 02, 09 - 03:48 pmComment from: other side
SJ has launched Apple and is no longer NEEDED. Sure it is nice to have him
around but at some point Apple needs to leave the SJ NEST and fly.

Apple tried that once already.....

Jan 02, 09 - 03:49 pmComment from: confused
Why doesn't Apple or Steve himself come out and way what his health is?

Why do we need third-parties to tell us what's up?

Jan 02, 09 - 04:00 pmComment from: bros grimm
I think Steve ought to come on stage limping, on crutches, with a gauze bandage
on his head just to tweak the rumor mongers.

Try this:

The lights turn way low, except for a single spotlight on the stage.

Slowly and in silence, pallbearers in black robes solemnly carry a coffin up the
center aisle, and set it onstage under the spotlight.

The coffin opens up, Steve leaps out, and says "I understand there have been
concerns about my health..."

Imagine the ride AAPL would take in those few minutes!

Jan 02, 09 - 05:30 pmComment from: ml
@gws

the SEC is useless. they let a guy run wild on a 50 billion ponzi scheme.

Jan 02, 09 - 06:02 pmComment from: gws
@ml

this is true, but they'll come down hard on the little guys...

Jan 03, 09 - 02:57 amComment from: MacSheikh
Steve should be wheeled out on stage strapped on a wheelchair. Just to play
everybody.

Jan 03, 09 - 03:53 amComment from: disposableidentity
Lordrobin. Amen. And I'd be the first volunteer to take that beating.

Jan 03, 09 - 06:04 amComment from: ralph from berlin
"she does not believe"? who cares what she does or does not believe?

and her outlook is based on the fact, that december margins are lower... häh??
how does she know?
i bet even apple at this moment doesn't know the exact margin they had last
quarter.

no facts, no information, just believes and feelings.

everytime i read such a pure and utter nonsense it is unbelievable to me what
these analyst do and write and how they get away with it. unblieveable.

our system is in serous trouble when there are only morons left as the main
players.

please, could someone build a database for these analysts and their statements
and hold them responsible, establish a score-system based on the accuracy of
their predictions. so that for instance next time abramowitz "believes"
something, we can check her former believes and can tell her that her believes
are usualy wrong.

we need some kind of facts and ongoing evaluation to hold theses analysts
accountable for their writings.

Jan 03, 09 - 12:24 pmComment from: good yuks
Just to play everybody

Steve Ballmer should come out in a black turtleneck, and tell us about some
insanely great new idea.

And for the One More Thing, introduce Jobs.

Jan 03, 09 - 12:29 pmComment from: other side
no facts, no information, just believes and feelings.

Aww give Wendy a break, she's just in the wrong business.

High-level public office would suit her much better.

Jan 03, 09 - 01:02 pmComment from: Cubert
Lord Robin,
What an excellent idea! I'd love to see a Steve Jobs - Steve Ballmer slugfest!
Just distract Ballmer with donuts and watch out for his flying chairs.

Jan 04, 09 - 12:39 pmComment from: hwyflier
Steve did not have "classic" pancreatic cancer, but a rarer form of islet cell
cancer which is a grouping of cells within the pancreas responsible for the
production of insulin among other things. This is why his prognosis is
distinctly different. As for that 5 % that do well with classic disease, the
thought is that they were probably misdiagnosed. Steve is probably fine, free of
his original disease, but is now probably suffering from the digestive problems
and post-operative problems that can accompany this type of pancreatic surgery.

Jan 05, 09 - 04:24 amComment from: Richard Liar
I think I saw Steve Jobs at my daughter's school the other day, and he looked
fine.

Reader feedback page 1 of 1 pages:

hwyflier · 11 months ago

Beat that prediction Zach!!

Bryan · 11 months ago

Why announce this now? Are they using it as a cushion for flat news?? I don't expect bad news.