Apple shares just hit $400 !

[busenbust]

Apple shares just hit $400 ! :shocked: wow - and blowout earnings last week.

http://www.gadgetsandgizmos.org/wp-content/uploads/2011/07/macbook-air-apple-11-inch.jpg

 

[Rey C.]

_____

 

[PlasmaTwa2]

Forrest Gump is a rich rich rich rich man.

 

[busenbust]

think i might take a punt on RIM -- slashing its workforce .

 

[Rey C.]

think i might take a punt on RIM -- slashing its workforce .

Shorting or closing a long on RIMM? Cutting heads would cut expenses. But they also seem to have some top talent walking out the door (rats leaving a sinking ship?)... and that's a bad thing. Didn't one of the key Playbook people leave last week?

The P/E on RIMM is getting so low, I may try to catch a falling knife if it touches $25+/-. But I'd just be trying a quick trade if it shows as oversold on the RSI. I don't think it's a stock to own.

 

[busenbust]

Shorting or closing a long on RIMM? Cutting heads would cut expenses. But they also seem to have some top talent walking out the door (rats leaving a sinking ship?)... and that's a bad thing. Didn't one of the key Playbook people leave last week?

The P/E on RIMM is getting so low, I may try to catch a falling knife if it touches $25+/-. But I'd just be trying a quick trade if it shows as oversold on the RSI. I don't think it's a stock to own.

agreed, I don't own stocks long-term anyhow...still tempted to go long on RIM ...

 

[L3ggy]

Yes, this doesn't affect my life.

 

[Hypergalaxy]

Glad I own 400 shares