01-18-2011, 02:48 PM
Yes, it was well timed, with yesterday being a holiday as well. Stock has almost fully recovered - I bought more on the dip.
Having said that, I think no matter how good earnings are, there will probably be a "sell on the news" tomorrow. Especially if there is a chink somewhere, like lower margins or less iPads sold than expected. Not to worry, though. I think the stock still hits $400 by year end - barring worse news about Steve (who I hope is doing okay - I read an article about all the problems likely following his cancer and liver transplant, and it sounded pretty rough).
Having said that, I think no matter how good earnings are, there will probably be a "sell on the news" tomorrow. Especially if there is a chink somewhere, like lower margins or less iPads sold than expected. Not to worry, though. I think the stock still hits $400 by year end - barring worse news about Steve (who I hope is doing okay - I read an article about all the problems likely following his cancer and liver transplant, and it sounded pretty rough).
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market