• 1

    Richard 11:18 am on November 25, 2014 - 24 hours ago

    On 2014 Nov 25, at 5:15 AM, my son Mark wrote:

    • Apple is at 118
    • Should you sell some of that?

    No, Mark, absolutely not. You can if you want to. Me, I am not going to. I don’t trade AAPL, I’m “buy-and-hold” (and my strong recommendation is that you should be, too.)

    • It is way ahead of where it was back at 707 before the split.

    Isn’t that nice? Isn’t that exactly the kind of stock you want to own? Not one that is below what it was some time ago?

    This is not rocket science, Mark!

    Mark, read your comments in sequence. Ask yourself what you were saying. Well, let me re-phrase what you were saying (it seems to me):
    “Apple is at 118. I’m thinking of selling, because It is higher than it was before.”

    Well, that is NOT a reason for selling.

    If you ARE thinking of selling, write down the REASON that you are selling, and the REASON that you are buying what you buy with the proceeds.

    Example: “I think China’s economy is slipping (it is) and sales of iPhones will be somewhat lower than current projections (which are likely producing the big recent rise), and people will panic and they will sell, SO I am going to sell before they do, and so I’ll avoid the drop. And I can use the proceeds to buy —–, which I strongly suspect is going to go UP, because ————–.”

    That would be a valid REASON for selling. If I were into the stock market, that’s what I might do myself. But I am not into the stock market. I would not know what to buy with the proceeds. And I would not know when to buy back into AAPL after it sagged. (That is exactly what would have happened over the last couple of years with the big sag that did occur in AAPL). Instead, I just hold onto AAPL, believing that five years from now (or sooner) it will double again.

    I could be wrong.

    But for me, that is the only non-stupid way to proceed.


    • Zee

      Zee 1:05 am on November 26, 2014 10 hours ago

      Historic high today. $119.75
      BTW. I found a voice out there on the web who thinks by 2015 this stock will hit $150. Number of trading days left it’s not utterly impossible. Why. Well we really can only guess their ultimate plan.

  • 1

    Richard 7:28 pm on November 23, 2014 - 3 days ago

    Bored with AAPL, just goes up, up, up…..(yawn).

    • Zee

      Zee 10:31 pm on November 23, 2014 3 days ago

      For more Grrr Richard. First on the list is introducing a higher fiber diet.

  • 3

    Zee 1:13 am on November 17, 2014 - 9 days ago

    Or has the other rat Mr. Kleinworth shot ahead in profits? One is grey the other is brown. Grey is Morgan. He’s the smart one in my opinion.

    • JPWatkins

      JPWatkins 10:17 pm on November 18, 2014 8 days ago

      I’m still hoping for a rat traded hedge fund!

    • JPWatkins

      JPWatkins 3:17 am on November 20, 2014 6 days ago

      And by the way, that rat’s name is *Ms.* Kleinworth, sir!

      • Zee

        Zee 4:56 am on November 20, 2014 6 days ago

        You’re not implying she doesn’t have the same math skills because of that, are you? And that’s why Morgan is the better trader? As for hedge funds. I think that’s more for the squirrelly sort.

  • 2

    Nicu 8:34 am on November 15, 2014 - 11 days ago

    And so it goes, Apple has one more leg to its dominance, on top of UI, OS, hardware design, brand, integration: the only high end chips, which by the way, are cheap to produce for Apple, once the R&D is done.


    • JPWatkins

      JPWatkins 9:22 pm on November 19, 2014 7 days ago

      The whole story of —
      the creation of ARM
      Apple developing Darwin and OS X
      purchase of PA Semi
      and the development of Apple Ax chips
      It all just points out how amazingly innovative, forward looking, and strategic Apple’s thinking is. Nobody can touch them, nor can they possibly for at least a decade. And that decade estimate assumes Apple doesn’t continue to innovate.


    Nicu 8:22 pm on November 14, 2014 - 12 days ago


    in Jan 17 ’15 $102.86 P @ 70c (as many as I have $88.57 C that I prefer to sell in Jan for tax reasons)

    • Nicu

      Nicu 7:38 pm on November 21, 2014 5 days ago

      improved all to $105 P for 21c

      • Nicu

        Nicu 8:56 pm on November 24, 2014 2 days ago

        improved all $105 P to $107.14 P @ 22c

    • Nicu

      Nicu 3:24 pm on November 24, 2014 2 days ago

      in 2 lots Jan 17 $100 P @ 30c

      • Nicu

        Nicu 8:41 pm on November 24, 2014 2 days ago

        improved 99+% of $100 P to $102.86 P @ 14c

        • Nicu

          Nicu 8:46 pm on November 24, 2014 2 days ago


  • 4

    Richard 10:00 pm on November 12, 2014 - 14 days ago

    New high today, even with no dividend!

    • Senator Gronk

      Senator Gronk 9:48 pm on November 13, 2014 13 days ago

      So, to convert back to a number we might be more familiar with, Apple just hit 7 * $112.82 = $789.74. Notice that the horseshit “Law of Large Numbers” headlines have completely disappeared since the 7:1? In retrospect, that was a pretty slick move. I’m sure for the bean counters it’s the buyback that makes it a good buy, but by executing the repurchase coupled with the shift in price they created a nice visual for the average investor. It converted at $93.70 on July 9, 2014, so we’ve grown about 20% since then.

      And yet, we also have no headlines about The Law of Small Numbers.

    • JPWatkins

      JPWatkins 12:33 am on November 14, 2014 12 days ago

      Was it ever pointed out to the analysts that the “law of large numbers” has nothing to do with stock valuation? I mean company growth isn’t even vaguely like random numbers or a coin flip. Apple keeps earning more because they keep innovating and selling more.

      Of course the fact that Apple is so big and it’s valuation is so huge will tend to force the market to be conservative (read as “closer to the truth”) in valuing APPL stock. Much more so than it is with other smaller companies. After all, if you applied their Amazon valuation logic to Apple, AAPL would have a market cap of about $17 Trillion (@23times it’s current value,) which would be fricking obviously ridiculous! Amazon’s valuation proves that Wall Street doesn’t’ mind “obviously ridiculous,” but “fricking obviously ridiculous” on the other hand, is another thing altogether. “Fricking obviously ridiculous” is too obvious to BS away, and therefore too hard to sell. Plus there’s the additional “optical” benefit of self-congratulation and back patting for being so sensible, level-headed, and conservative in their valuation of AAPL.
      It’s a win-win—a no-brainer! (did I mention how well tuned Wall Street is for no-brainer analysis?)

    • Nicu

      Nicu 1:33 pm on November 17, 2014 9 days ago

      $802.55 in pre-market !

      • henrystar

        Richard 1:46 pm on November 17, 2014 9 days ago

        Go go go!

  • 10

    Nicu 6:40 pm on November 3, 2014 - 23 days ago

    I think I want one :D


    • Zee

      Zee 12:28 pm on November 4, 2014 22 days ago

    • Nicu

      Nicu 12:37 pm on November 5, 2014 21 days ago

    • JPWatkins

      JPWatkins 12:41 am on November 14, 2014 12 days ago

      Unfortunately I need a $25,000 Tesla to get me into the market. :-)

    • JPWatkins

      JPWatkins 10:40 pm on November 18, 2014 8 days ago

      I was reading that many of the early electric cars (from the early 1900′s) are still in running condition. Apparently electrical components are very durable and age much better than internal combustion car components do. Makes me wonder about How well made the Teslas are (pretty well made I’m thinking.) could be a big factor in how well they hold their value as time passes.
      I was just doing some research on the Citroën DS 20 (Patrick Jane’s car in “The Mentalist”) after I noticed that when he parked the car it settled down about 6 inches on it’s suspension. What a cool car! Who knew the French had some great auto engineers. After reading about some of the features of the car—hydropneumatic suspension, steering driven headlights, etc. I feel I need to own one! $4,000 in 1972,they are now worth anywhere from $10,000 to $100,000 depending on the model. The beauty and innovation of the DS reminds me of other innovative cars, great and small—from Tuckers to Saturns (laugh if you want, but mine has over 200,000 miles it, still get 30 MPG, and looks like new.) And of course, the Teslas seem Like they will be a great leap forward. Perhaps I have to bite the bullet and pay big bucks now to enjoy and own a Tesla which will be a classic vehicle of the future?

    • Zee

      Zee 11:30 pm on November 18, 2014 7 days ago

      • JPWatkins

        JPWatkins 9:10 pm on November 19, 2014 7 days ago

        That Jag and I were born in the same year. Yesterday I came off the tennis court feeling old and rusty, but I have to admit I’ve kept in better shape than that Jag.

      • conshmillo

        conshmillo 9:17 pm on November 19, 2014 7 days ago

        I think it has flat tire on the front left side.

        • JPWatkins

          JPWatkins 3:05 am on November 20, 2014 6 days ago

          That’s why they only got £78,000 for it!

  • 8

    Nicu 11:41 pm on November 1, 2014 - 24 days ago

    • Zee

      Zee 3:01 am on November 2, 2014 24 days ago

      • conshmillo

        conshmillo 5:12 am on November 2, 2014 24 days ago

        F1 here I come :-) . Good job. Nice effect top left.

        • Nicu

          Nicu 8:47 am on November 2, 2014 24 days ago

          Thanks. I have done 2s better (see another shaky video in my channel), I feel I have more control but the stopwatch proves me wrong (or maybe it is more control because I go slower :( ). After analysing the video, I think I change gears too soon (around 11000 rpm, instead of 12500-13000 rpm where it gets its full 40 hp).

          Anyway, by any means, I am still a beginner who made the jump from rental machines (four stroke 9-12 hp, no gears, hard tires) to this beast (two stroke 125 cc, 6 gears, highest category of competition). You actually lose a lot of time and control changing gears all the time (when you have step off the gas) and many seasoned drivers at the track prefer no gears or some intermediary machines with 2 gears only (with steering wheel paddles, one for each gear).

          My first real project on the kart is to transform it to paddle shifting (using aero models parts) and then maybe electric starter so we stop pushing it all the time, especially after spins on the track when you have nobody nearby to get help from, which are inevitable in the learning process.

          The second big project is to add 20 or 40 electric hp, by making it an electric hybrid.

          The third project is to get rid entirely of the gas engine and put a 130 hp electric motor on it (, for example) and try to get below 2s in 0-60 mph :D

          As you see, I have plans to have fun for at least 5 years with my dragonfly. In the meantime, I learn to do some mechanics, how to drive the beast and getting lots of adrenaline and dopamine out of it !

          • Zee

            Zee 11:33 am on November 2, 2014 24 days ago

            I’m glad you’re having fun racing. It’s better for you than chess boxing. The first time you introduced us to this form of racing, I checked out afterwards what it was about around the world because the web really opens it up… Then I got the idea that it and F1 etc would be well served if drones were used for broadcasting the races. Who knows. You may even move up in car classes. The racing bug can really infect you. And don’t be shy of beating the snot out of the engine when you see the rpm hitting the red. That’s good. More gear less brake.

            • Zee

              Zee 11:58 am on November 2, 2014 24 days ago

              PS. Thank you for AXPW. I have been playing w that in my head. I think maybe they need help w logistics. Then that thing will take off no.

            • Nicu

              Nicu 2:13 pm on November 2, 2014 24 days ago

              No intention to compete, for many reasons (too old, not good enough a driver, too expensive, more dangerous, too much time etc.).

              I think the sensations you get in a shifter kart are hard to find anywhere below F1. Of course, other types of motor sports like Rally of bikes have other thrills (+ dangers), but the sheer lateral Gs in cornering and acceleration / braking are not as hard.

              That is because we have the softest tires out there (much softer than F1) and the only way to get better grip is a lot of aerodynamic downforce, thus F1 or equivalent. Better drivers than me with competition tires get 3+G in corners, F1 is about 3.5G :

              “A modern Formula One car is capable of developing 3.5 g lateral cornering force (three and a half times its own weight) thanks to aerodynamic downforce. That means that, theoretically, at high speeds they could drive upside down.”

              I have read a quote from Schumacher some time ago (not able to find it now) that 20 minutes of karting racing (many F1 pilots participating a few years ago in some event) were almost as hard on them as the entire F1 race in Singapore.

              Of course, I do not push it nowhere nearly as hard as them. But without looking at the engine time (the only timer available while driving), I usually kick myself out of the track after about 10 minutes because I start making errors, both cerebral and muscular ;)

            • Zee

              Zee 7:25 am on November 3, 2014 23 days ago

              Your approach is the best for most things: the love of it and personal accomplishment. And thanx for the F1 link. Lewis Hamilton from Team Mercedes has won 10 of 17 races this year. And Mercedes 14 of 17. I didn’t realize how often they use technology to outsmart the rules and then the rules are immediately changed. You might get a kick out of this wiki link. There’s a chapter re the 1973 national soap box derby champ, a 14 year old losing his title because two days after the competition his car was x-rayed and they found an electromagnet in the nose of his car that was activated by pressing on the headrest with the helmet.

        • Nicu

          Nicu 8:55 am on November 2, 2014 24 days ago

          BTW, I do not think I have shared this, I have changed my mind wrt the 3D printer model, I have actually ordered this yesterday

          as there were a handful left for delivery in December this year.

          Not only on paper is much nicer than the Pirate3D (more precise, faster, larger print area, more materials etc.), but it is thought as a 3-axis platform and they plan to produce exchangeable heads to transform it into a circuit board etching machine (which I actually do with chemicals and an UV machine I have built from an old flatbed scanner) or even a 3D milling machine.

          They have actually a second head coming next spring, to print simultaneously with two materials (not only different colours, but actually different temperatures), so one can be dissolvable and used only as support material or simply for different mechanic properties.

  • 2

    Zee 11:56 am on October 31, 2014 - 26 days ago

    New historic high.

    • Apple warns shareholders on change to Irish tax structure:

    PS. Tim Cook is the greatest:-P


    Nicu 7:43 pm on October 28, 2014 - 29 days ago


    in AXPWW in two lots (yesterday and today) at an average of 63c (5 year AXPW $3.25 warrants)

    • Nicu

      Nicu 7:28 pm on October 29, 2014 28 days ago

      one more lot @ 54c (while on the track today ;) )

    • SB

      SB 10:15 pm on October 30, 2014 27 days ago

      A lot of angst on the axion power concentrator regarding the B warrants and some clause that allows for further potential dilution if the stock price stays low .. or so I gather. Meanwhile the price of the common shares continues downward ….

      • Nicu

        Nicu 10:30 pm on October 30, 2014 27 days ago

        First, I have quit reading the concentrators, too much chicken $#!† there …

        Yep, I was not aware of the modification but I had a call from Nick Hall yesterday (while driving on the highway, coming back from the track) and he explained a bit the matter. Then I took a look this morning and starting in four months, the B warrants protect from downside, in the sense that for 15 months, there is no way to lose money other than bankruptcy. I will actually gain about 20% of my investment in the worse case.

        I do not know if this means I am on the dark side right now, but when my company needed help (cash), despite all the negativity around, I have stepped up and did what I felt I should ;)

        • Nicu

          Nicu 10:32 pm on October 30, 2014 27 days ago

          worse -> worst

    • Nicu

      Nicu 10:31 pm on October 30, 2014 27 days ago

      + 1.18 lots @ 48c (day order open for 2 lots, did not fill)

    • Nicu

      Nicu 4:37 pm on November 4, 2014 22 days ago

      +1.32 lots yesterday @ 56c (.32 are for a friend)

      set up another GTC order for 2 lots @ 50c

    • Nicu

      Nicu 7:22 pm on November 11, 2014 15 days ago

      +1 lot @ 64.74c

    • Nicu

      Nicu 9:16 pm on November 11, 2014 15 days ago

      +2 lots slightly below 65c (traded in many smaller blocks, limit 65c)

    • Nicu

      Nicu 5:29 pm on November 13, 2014 13 days ago

      +1.53 lots @ 65c

    • Nicu

      Nicu 6:23 pm on November 14, 2014 12 days ago

      +1.58 lots @ 65c (remaining .42 lots up to 2 still open for the day)

      • Nicu

        Nicu 8:20 pm on November 14, 2014 12 days ago

        filled; added 0.8 lots in stock too

    • Nicu

      Nicu 8:58 pm on November 21, 2014 5 days ago

      +1 lot @ 60c

    • Nicu

      Nicu 7:13 pm on November 24, 2014 2 days ago

      +1 lot @ 55c

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