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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Keith Feral who wrote (126161)	2/23/2012 2:56:10 PM
From: Sonki	2 Recommendations Read Replies (2) \| Respond to of 213172

Option market was not expecting any spilt or divi.(as per cnbc) ... i dont know how they know what options mrkt was expecitng. I am happy not to get div or split... keeps the stock cheap for me. Good news i think is IF we are seeing END OF SECULAR BEAR MARKET (i.e back to higher PE) THEN this stock is safe to hold till we get $1000 target based on $50 erning and 20x pe. ( i said 20 not 200 pe) I think with annoucenments to come in march we will see analyst start to move up targets... by april earning we may see them moving target to $1000. Then we can say there is too much complacency in this stock. They are already moving towards spy 150 targets. apple 600 may line up with that? perhaps 700 (14 pe if we are still in secular bear) next yr? any opinions on secular bear / bull ? 12 yrs in prison is enough for a bull. Need to get a get out jail card for free.... -sonki

To: Keith Feral who wrote (126161)	2/23/2012 7:06:23 PM
From: Trader J	Read Replies (1) \| Respond to of 213172

I closed out my Puts a bit after the meeting ended. They were up 33% for a bit until just after the meeting ended so I put a stop in and let them go on auto. Eventually hit my stop and I lost lunch money. But the action was so good I just left my July call position on. Took it too soon obviously but it darned near clawed its way back to even. I am surprised as I've ever been at the action with no news ... truly 100% shocked. Obviously, the masses all believe it's just a matter of when and what rather than if ... so there was no sell on the news of no action. Will keep this position on and likely add a leap position if the opportunity presents itself.