Investing

wtf do people mean when they say, expect resistance at $X.XX

  • Last Updated:
  • Nov 28th, 2012 7:07 pm
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Newbie
Aug 21, 2011
34 posts
4 upvotes
ccyk wrote: thats BS rfdrfd, you just can't use TA to predict sp 1 year in future.
in long term, sp will converge with true value of stock. FA is estimate of true value, regardless of sp movement.
your example of rim bbd aapl's FA is not good, who say aapl is a good FA company, not me.
and i can say I understand 100% of financial statement, talk to anyone with accounting license.
I want some of what you're smoking, it sounds pretty powerful.

On what planet does AAPL not have good fundamentals? We're talking about the same company, right, the most profitable one in the world, growing at a healthy pace, adding anywhere between $5 and 15 billion dollars in free cash flow every quarter, that has $120 billion in cash on the books, no debt and goes for 8x ex-cash TTM earnings?

If for any reason, you are referring to those rumors and expectations for declining gross margins, that's not fundamental analysis, that's pure speculation.

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