Originally Posted by
acl65pilot
Ah, not really more a jab at Uncle Ferd.
I agree with your assessment, but unless someone has a brokerage link account they cannot do what you suggest. (BTW I suggest everyone deal with the hassle of setting it up) Personally I do not of my market plays outside of my DAL retirement.
I have not played AAPL in the last six months but have a few hundred shares of AMZN. I generally go after stocks that are worth a lot less, and buy more shares.
Define "worth"... I will give you this though.. the forward multiple estimate is slightly over 4 instead of the trailing multiple of over 26 which seems to say that there is room on the upside there too... It makes me want to look a bit deeper to see if I might pull those sell orders for the time being. I don't get where you think that puts the stock in the $30 range though. Cash is king in this industry, and we still have waaaaaaay too much debt.