On 8/30/2013 7:27 AM, Julie Y wrote:
>
>
> Sorry that was supposed to go to my dad
> Julie
>
> ----- Original Message -----
> *From:* Julie Y <mailto:juliey@machlink.com>
> *To:* iPad@yahoogroups.com <mailto:iPad@yahoogroups.com>
> *Sent:* Friday, August 30, 2013 6:08 AM
> *Subject:* Re: [iPad] Is Apple a Buy?
>
>
>
> I haven't read this but it is about buying apple stock
>
[snip]
Unfortunately, in order to learn their opinion as to whether Apple stock
is a "buy" or not, we have to subscribe to their service, so we'll never
know unless one of us is already a member and tells us what their
conclusion is or not.
But even if we look at it more as a "confidence in Apple" indicator from
a shareholder's point of view, we can begin to get a feeling for whether
Apple as a corporation will be strong or even be in existence.
Of course it's all a turkey shoot and what they consider to be good and
bad indicators may not be all that valid in the long run, but they are
supposedly professionals in this field of investment advising so one
would hope they know what they're talking about.
One thing I found curious though is their second sentence where they say:
"unlike the "pros" on Wall Street, we don't let short term news, talking
heads, and stock price gyrations guide our investing decisions" but then
the first green flag to worry about is whether or not Apple's iPhone
sales continue to exceed Wall Street's projections.
So if they are trying to be "unlike the pros on Wall Street" why are
they even paying attention at all to Wall Steet's projections? Are the
not getting those projections from the "pros on Wall Street?" Are they
instead discussing these things with the sausage vendors and shoe-shine
people and the homeless people who might be wandering by pushing their
stolen grocery carts?
I don't think a person can be "unlike the pros on Wall Street" and yet
depend on those very Wall Street pros for important information.
But then it doesn't matter what I think because the last time I had
money to invest in the stock market was in . . . um, let me see now . .
. um, oh yeah now I remember -- Never! :-)
--
David H. Bailey
dhbailey@davidbaileymusicstudio.com
http://www.davidbaileymusicstudio.com
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