Posted by: Riten June 1, 2009
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Thanks FF and Eminitrader.


FF, btw, forgive my ignorance but what is 200 MA?  Financial lingos are all greek to me, I don't have enough brain power.  Should've applied to NYU Stern when I had time, eh?


Most of my stocks are doing well.... today, dunno what will happen tomorrow. 


Let's talk AAPL.  I am happy with Apple.  I bought it back when it was 125.  I believe this is a sure shot money maker, at least while Steve Jobs is alive and kicking.  Plus they are coming out with new iPhone with new OS.  That should definitely give its stock price a major boost.  In addition, AT&T's contract with Apple over iPhone is coming to an end later this year.  With Verizon strongly pursuing the coveted iPhone license, I gotta believe that Apple will be the winner, one way or the other.  Furthermore, I just have to admire their business model with iTunes.  Cash cow right there. The gross profit and net income look good, quarter after quarter.  I love it!


 

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