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happydolphin on 29 February 2012
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Train wreck said:
Ail said:

Gosh Apple can't stop....
My Apple stocks are now 36% up since my purchases in October and I've been steadily beating the S&P 500 since the beginning of 2012 only because of Apple. And that's in a real portfolio that contains bonds and cash too...

TBH I wish it could slow down as I am in for the long run ( no way I pay 30% tax on my Apple profits) and at the current rythm the stock is going to derail at some point..

My only position down is EA and it's my smallest position...
I got on the Microsoft train a few days ago too, after reading a bunch of stuff about the stock and the company...


Yea apple is definatly in a bubble right now, the fundamentles of the company (even being the best in the world) cant justifiy the price.  I would use any product news announcements to sell out shares.  The first real test will come on Wednesday with the Ipad 3 on display, the stock will initally go up, but then have a reversal.  I would allocate out of apple and into microsoft.  windows 8 cycle, new windows server 8, arm based tablets, continued xbox strength, the stock will continue to go up this year.

Im waiting for a further pullback in Sony to start a new position in it, the stock has been up I want to say 15 out of the 20 trading days this month, truly insane, but the move from 16 to 22 was kinda fast, down 3% today maybe once it hits the mid 19~ ill use my tax return to start a position.  Unlike all the non financial people here on this site, Sony prospects for Q1 12 and the rest of the year is positive.  Adele continuing to have strong album sales in the US (and a new album coming out), two blockbuster movies on tap this year (men in black 3 and spiderman reboot), higher preiums for their insurance unit due to the earthquake, possibity of another flooding indicient in thailand and earthquake in japan are extremely remote, the challenges are its TV business and how it will intergrate its Sony phone line.  Hiari indicated that the TV business will be focus one.  The Vita honestly does not matter, its a small margin item and it will add to overall revenue but in terms of breaking the company, its laughable. 

I still have my sprint position, trading at 2.50, I still believe that a merger is in its future, but at the rate its burning cash, going to the market for more, still owes apple 15.5 billion and all the clearwire obligations, the company going to go into chapter 11 and restructuring and selling assets might be its only option.

Sony can only obviously only go up from this point onward. Looking at its lifetime curve, and a very difficult 2011, it seems like investing in Sony stock would be a smart move over the long term.