Mac to go below $500?

[Agathon]

@ Asher. Still trying to defend your absurd opinion on what stock analysts do?

The guy from Piper Jaffray thought it would go up another 200%. I don't know if he'd changed his mind by this morning when that article was posted. God knows what will happen. MacWorld will probably signal more movement one way or another in the short term, but they don't seem ruffled over long term performance.

So roughly half the analysts say buy, roughly half hold and you seem to think that it bodes ill for Apple's stock. But that's not what the article says.

So if you're a long-term investor, it's hard to find any worms in the Apple story. But investors should realize that the stock could be volatile in the near-term. Expectations for hot new products coming out of Macworld and strong earnings are so high that the slightest disappointment could trigger a violent sell off.

The person who wrote it thinks that long term it's good, but that news in the not too distant future could make it volatile. That's not the same as saying that over the long term it will be a bad buy now, which is what it would be if Apple were doomed.

I guess it's time for one of your regular "the article doesn't say what it says" posts.

You'll try to twist and twist and abuse people who point out how FOS you are, but nothing changes the fact that you didn't know what you were talking about and have been proved a fool. Ha Ha.

[Kuciwalker]

Originally posted by lord of the mark
You EVIL denier of the efficiency of financial markets, you misunderstander of the role of speculators, you unwashed barbarian who knoweth not the wisdom that comes down from Chicago, you ignorant advocate of "common sense" ie of the words of long dead economists, you who knoweth not of the great deeds of Friedman, Steiglitz, Fama, and the rest....


You commie.

This thread is ****ing priceless. Fez arguing against the "goodness" of speculators

[Kuciwalker]

Originally posted by Q Cubed

We all know that Mac users have a higher vocabulary than PC users, so .

Greater vocabulary size does not necessarily mean that they have the ability and capacity to use it, as is proven by your specific case, MNG.

Sig material

[Asher]

Originally posted by Agathon
@ Asher. Still trying to defend your absurd opinion on what stock analysts do?

Stock analysts try to predict how stocks will behave -- if they'll go up, or they'll go down. Period. That's not an absurd opinion, it's a simple fact...

You seem to think all they do is rationally look at budgets and figures and see if they think the company will perform well. That's not all they do, they also factor in things such as if the stock is overvalued (which is the case with Apple). There's also the hype factor, which usually plays into the overvalued stocks...

It's not my fault you don't understand how the real stock market works. It's not full of rational people looking purely at figures, if it was it'd be a lot more predictable and less of a gamble. The sad fact is people behave irrationally, then can buy into hype and pay too much for a piece of a company not making a lot, and they can panic and cause a stock to crash and burn.

C'est la vie.

[Agathon]

You seem to think all they do is rationally look at budgets and figures and see if they think the company will perform well. That's not all they do, they also factor in things such as if the stock is overvalued (which is the case with Apple). There's also the hype factor, which usually plays into the overvalued stocks...

That's what they spend most of their time doing. In fact they spend as much time trying to cut through hype as trying to predict it.

It's not my fault you said incredibly stupid things a page or so ago.

The sad fact is people behave irrationally, then can buy into hype and pay too much for a piece of a company not making a lot, and they can panic and cause a stock to crash and burn.

But there is no evidence other than your fanatical speculations for this or those of hack journos. If you want to believe this, that's fine. Believing things without any evidence at all seems to be your raison d'etre.

@ Kuci. My new sig pwns yours.

[Kuciwalker]

I got tired of Fez quotes after the time when I had about a dozen (back when my sig was eight or nine lines long, and people complained)

[Agathon]

But this one is so great. Especially when he said he was going to stop. I'm going to refer to LOTM as an anti-capitalist spy from now on.

Say what you want about the man, but probably only Molly is a better insulter.