SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: OrionX who wrote (190528)5/16/2016 2:43:26 PM
From: Moonray1 Recommendation

Recommended By
HerbVic

  Respond to of 213177
 
What does it say about Apple stock when it depends on who buys and who sells?

It doesn't say anything. It only says that there are people on both sides of a transaction.
In this case, the only guy in Omaha that maters vs a half dozen large fund managers punting on their 13Fs.

"Warren Buffett is considered the greatest investor of all time and he is a value hunter." streetinsider.com

o~~~ O



To: OrionX who wrote (190528)5/16/2016 4:49:00 PM
From: Bill from Wisconsin6 Recommendations

Recommended By
BoonDoggler
david1951
HerbVic
MGV
SirWalterRalegh

and 1 more member

  Read Replies (1) | Respond to of 213177
 
No AAPL doesn't depend on it

But investors always are interested and influenced by what major funds are doing. Buffett is a whale. It is also known that he marries his stocks. Icahn is an activist. He is in for the short term and often will agitate for change. AAPL is too big for that, so he was left with cheerleading.

Your question implies a weakness in AAPL. But don't just stop with AAPL. The market was flat to lower all night and into the morning today. The Buffet news not only kick started AAPL, it kick started the Nasdaq

So like it or not, investors like Buffet do move markets, not just stocks.

Also, an update. Cooperman bought last quarter but also sold out at the end of the quarte, he owns ZERO shares. Cooperman has some legal problems due to an investment in a skanky pipeline company ATLS. I owned some too. It was skanky but it seemed he had better information than I did ;-)

David Einhorn INCREASED his AAPL stake by 2 mm shares.



To: OrionX who wrote (190528)5/17/2016 2:44:21 AM
From: Doren1 Recommendation

Recommended By
JakeStraw

  Read Replies (1) | Respond to of 213177
 
You guys are missing the point OrionX made...

Apple is no longer about innovation or usabilty. Its about a low P/E the buy backs, and a dividend.

Buffett doesn't understand tech... but he understands low P/Es. We all know that. That's not the point.