September 24, 2012

DON’T GET EXCITED ABOUT APPLE FALLING SHORT OF IPHONE 5 SALES FORECASTS

Apple (AAPL) sold five million iPhone 5s in just three days after the launch. iPhone was available only in Australia, Canada, France, Germany, Hong Kong, Japan, Singapore, the U.K. and the U.S. Apple will release iPhone 5 in 22 more countries on September 28. By the end of the year, iPhone 5 will be available in over 100 countries.

Anecdotal evidence shows that the initial demand for iPhone 5 exceeded the supply available, with total sales so far exceeding what the iPhone 4S sold in its entire first month.

The foregoing are impressive statistics by any means. The only fly in the ointment is that some analysts were projecting around 10 million iPhone 5 sales in this period. … Please click here or the title below to read more.

September 24, 2012

TAKE PARTIAL PROFITS ON THC

As of this writing, THC is trading at $6.32.

This post was recently published on ZYX Buy Change Alert

Consider taking profits on a 10% tranche of THC right here in the zone of $6.14 to $6.40.

This is a long-term position; our positive thesis has not changed. this exit is simply to lighten-up a little bit as the market is over bought. This is also consistent with our method of always continue to book some profits.

After this sale 80% of the full core position will still be held.

… Please click here or the title below to read more.

September 24, 2012