The normal routine in the stock market is that professional traders and hedge funds profit at the expense of mom and pop. This time, in the case of Apple (AAPL) the tables have been turned. Professionals have been caught with their pants down to the benefit of mom and pop.
From an investment perspective, here are the good, the bad and the ugly of Wednesday’s iPhone 5 launch. The good Apple CEO Tim Cook said that the iPhone 5 is the most beautiful product that Apple (AAPL) has ever launched. The iPhone 5 is said to be finely crafted, like
The media is cluttered with hundreds of articles on iPhone 5 launch. Most of these articles are redundant in that they simply repeat the features of iPhone 5. Not much attention has been paid to the following 13 mind blowing numbers that came out of the presentation. 83M retail store
This post was just published on ZYX Short Sell Change Alert This position is short from $13.85. Substantial profits have already been booked but there is still material unrealized profits. Consider taking partial profits on a 10% tranche of ZAGG right here around $8.19. After this fill, 50% of the full core position
Apple AAPL will launch iPhone 5 on September 12, 2012. It is widely expected that this will be the biggest consumer product launch ever. Leading into iPhone 5 launch, Apple chart has traced a dangerous pattern. Monday’s bar on Apple chart is known as “outside day.” An outside day is characterized
This post was just published on ZYX Buy Change Alert Stop zone on OVTI is $14.38 to $15.23. Target zone will depend on the Wall Street beginning to speculate about OVTI winning back AAPL business from Sony.
This post was just published on ZYX Buy Change Alert Adding a 5% tranche to OVTI at $16.62.
This post was just published on ZYX Buy Change Alert OVTI reports $0.21 vs $0.22; revenues $258.1 million vs $243 million consensus. Here is the kicker, for the next quarter company sees $355 to $390 million vs $270 million consensus and whisper of $240 million. It is worth repeating that this
This post was just published on ZYX Buy Change Alert OVTI just reported earnings. It appears from a preliminary review of earnings that OVTI may have won some AAPL business back from Sony. This is a highly tentative conclusion as a result the risk is very high. The reason we are
Apple on Friday won a big victory against Samsung Electronics in the Federal Court of the Northern District of California. A jury awarded Apple $1.05 billion in damages and found all seven of Apple’s patents valid and that Samsung infringed on six of them. Apple had not infringed on any of Samsung’s five