Poll: How will Carl Icahn's 1 Billion Dollar stake affect Apple's stock in the long run?

Results 1 to 8 of 8
  1. #1
    Veteran Member Ammeo's Avatar

    How will Carl Icahn's 1 Billion Dollar stake affect Apple's stock in the long run? !!!

    Apple stock is already up by $40 after Carl Icahn's Billion dollar stake news came out after he said the stock is undervalued. Personally imo $600/share will easily be reached by the end of 2013..

  2. #2
    Legendry Member Michael Hodges's Avatar
    I think we will see apple stock remain active. I don't know about $600 but I expect Apple to stay above $400, and most likely $450. A break above $500 would be a nice signal for some more calls.

  3. #3
    Veteran Member Ammeo's Avatar
    Quote Originally Posted by Michael Hodges View Post
    I think we will see apple stock remain active. I don't know about $600 but I expect Apple to stay above $400, and most likely $450. A break above $500 would be a nice signal for some more calls.
    Alisher Usmanov (Russia's richest man) also bought Apple shares worth $400 million a month ago and now Icahn buys it. These 2 investments could be a big catalyst for its upper run and also for those who think its undervalued.

  4. #4
    Solid Member susan's Avatar
    I am also bullish on Apple stocks. They are showing clear strength on technical weekly charts and also these two big stakes are confirming that idea that there is a serious interest around Apple which will propel the price higher for sure.

  5. #5
    Veteran Member Ammeo's Avatar
    Question will be will we see another break of $600 mark in an years time, personally i think it'll do.

  6. #6
    Veteran Member Ammeo's Avatar
    Its at $560 now, very close to 600, i think come march 2014 we may see it trading above 600...

  7. #7
    Veteran Member hchandra's Avatar
    Quote Originally Posted by Ammeo View Post
    Its at $560 now, very close to 600, i think come march 2014 we may see it trading above 600...
    I think that is possible, $575 - $600 is nearest barrier,
    also from positive side there are upgrades from analyst
    from negative side, insiders are selling their shares.

  8. #8
    Veteran Member Ammeo's Avatar
    Icahn is urging the Apple board to start the buyback program...upon its initiation its definitely gonna skyrocket...much much bullish atm...

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