cthree

AAPL trades, like Pen said, as high as 40x forward earnings and as low as 25x with the norm being about 35x. At 140 it's at 23x, in other words it's at the bottom of its range. Based on expected earnings growth (PEG) it's at 1.13. In general a stock with a PEG of 1 or lower is cheap, 2 or higher expensive. Again, you're bordering on cheap.

AAPL is cheap. It's a full-on buy. I'm not commenting on sensible investment strategy. It's all been said before.

PearlwhiteS2k

One quick question guys. I set a limit order to buy 30 aapl hitting 134.75 and it was trading at 136.xx and it got filled at 134.75. How the hell did that happen?

Did some sucker got scared and sold it cheaper than market price?

Nate

martha

^^ Were you maybe looking at a delayed quote?

cthree

Someone asked 134.75 or less for 30 or more shares.

I'm staying completely on the sidelines until this all shakes out. What a mess! Oil up 25 in 10 minutes, ya, ok. See ya when the dust settles.

vtec9

Saw today coming a mile away (one day = .33 miles) .. and my vision isn't that great.

hpark

These last few days have been awesome!!!!
Wave 3 of gold prices, feds printing money like crazy.
Oil.....wow!

Penforhire

Oil and gold both going nuts. Say goodbye to the greenback or what?

hpark

Do people think things can get worse?? I mean great depression worse. Feds are nationalizing banks. So why shouldn't they bail out US car makers, airline industry, home builders, etc?

vtec9

The question of last Wednesday: Is this a market bottom?

The question of Today: Did I drink stupid juice last Wednesday?

PearlwhiteS2k

[QUOTE=martha,Sep 22 2008, 11:03 AM] ^^