Paul Meyer Buys Houses

Posts tagged “Apple Inc.

Dow continues to rise. SWN up 10% after earnings – Nov 10′, Gold on the rise

SWN @ $36 is up 10% since earnings and moving with the Dow and strong trends of gas prices going up. It has a huge reserve keeping the company profitable. The Dow continues to rise even though fairs of inflation continue to rise with the U.S. dollar weakening. GOOG and AAPL I feel are also getting a boost. I continually see more ipads being used in the NYC subway. For around every 20 riders I see someone holding an ipad and 15 others wearing ipods and around 10 of those holding iphones. Apple Inc. is definitely still in growth saturating the market and has a mighty fan base. Current I’ve been following Gold also at 1391 ounce. I joined My Gold Rush USA, a gold home based business opportunity, where you can get 10% of gold American Eagle Coins. That is kind of a big deal when you think of a discount of 10% on $1445 an ounce for American Eagle coins that is $144.50 in gold discount. For more information on getting these coins at a discount check out My Gold Rush USA.

Market moving up again during July 09′ earnings.

For the majority of companies earnings have been better than expected (duh). When analyst make price targets so low and earnings low because they think consumers aren’t buying suddenly it looks like companies are doing really great. Well, in my opinion they are and they aren’t. One of my most followed stocks, Apple Inc, is doing quite well. It seems everybody has an iPhone these days and all those other look alike’s just aren’t the same as the iPhone. It’s just awesome. Do I have one? Nope. I’m too cheap, but will likely get one in Jan 10′ when I can get the upgrade cheaper and hopefully by then prices will come down again. I’ve predicted Apple’s stock from $105 to $130, then from $136-120 drop, then predicted its $135-159 price move just recently. I can’t wait to trade it once I feel my practicing is up to par. I plan to heavily practice trade in August. I do expect the stock to fall again. I did think this summer’s move was pretty large in comparison to other summers and I guess it makes sense with most prices extremely low compared to their PE/earnings. So I suppose real estate prices will follow the market as soon as everyone’s emotions get really optimistic again. I do hear a lot of positive comments on channels like CNBC which is a good sign that the main stream is saying “buy” softly. I’m a bit surprised with RIMM not following AAPL. Usually it mimics everything the stock does.

Apple (AAPL) hits $140 & Southwestern Energy (SWN) hits $46 as I predicted in early May 09′

AAPL @ $140 from a low of almost $122 two weeks earlier.  I knew it was a minor set back and going into their expo/product annoucements for early June 09′ would make the stock wtih increasingly more buzz around people switching computers.  I think most investors and regular average Joe’s think Apple’s stock “hotness” is over, but I think it is really just half way through.  Apple first started with the iPods to gain customers, then got them hooked on their computers, then onto iPhones, then back to laptops, and now Apple just needs to offer the new home entertainment experience which they are getting close to with the iTV.  Their products keep improving and so will their stock.  The health of Steve Jobs the “visionary’ doesn’t help say if he did die or had to step down I’m sure that would put a downer on the stock.  In the meantime hower AAPL’s stock should rise again like GOOG.  I’m on with my targets hitting $140.  It should hit $145 before June 6th which is the predicted annoucements.  From there it could jump to $160-180 target price if really good news or a new product.

As for Southwestern Energy Company (SWN) it hit my target price of $46.  Recently moving in waves and now staying above the $40 price level.  If I was trading call options I would have made some killer profits in the 200-500% range with both stocks moving 10pts in a month up and down.

Both AAPL and SWN have received upgrades from respectable brokerage firms noted Goldman Sachs for AAPL.  This could be an unpredictable summer.  I was taught for the most summers and the stock market fall.  Basically “come May go away”, but since there is a BIG smiley face on most charts (big rising valley U) I would almost predict some stocks will hit new highs in the summer going into the fall.

My fingers are still crossed about the Hawaii Real Estate market.  I know eventually prices will increase, but I’d love to see some volatile high ones within the next year so I can sell my condo for a fat profit as planned because I got it for dirt cheap.  Another part of me says make your loot in the market, pay it off, and keep a long-term vacation home.  Well I’ll see what happens first.

NTRI APR 2008 CALLS sold out with positive news on stock

I was lucky and that’s about it with a big news piece on Nutrisystems getting a new CEO and saying new revenue will be much more positive. This news brought the stock up 25% from $15 up to $19.90. My options were sold out right over $19 so I was very fortunate to take a small loss and get sold out before they expired.

Symbol: .NSIDD
Description: NTRI APR 20 Call
Stock: NTRI at 19.74
Action: Sold To Close
Quantity: 2 contract(s)
Price: $1.00
Commission: $14.95
Reg Fees: $0.01
Net Amt: $185.04

Still in positions for AAPL MAY & QQQQ MAY 2008 Calls. Currently up 50% in AAPL calls.
A strong trend is building in Apple after the new iPhone annoucement and lots of positive news on all the earnings the company is making.

Apple (AAPL) reversal chart, India business revenue, SEO for

So AAPL looks like a shiney sweet reversal play in my opinion. On the 3 month chart on shows definitely upward movement breaking the major trend and the price hitting $140 says a lot about the character and personality of the stock that it will be moving much higher much quicker. I don’t know this for 100% sure, but from other stocks I’ve watched right now with all this new merger/buyout/fed news stocks are ready to make a little run. I plan to buy AAPL Jul 160-200 Calls. My SWN 55 PUTs expired to $0 even though the stock hit $56. I also didn’t get sold out at .25 when it hit my order. It must have been quick. My NTRI options are still in play but $0 right now. I really don’t know what to expect from that stock. I made some shitty decisions that turned out into worst decisions when I chose not to sell my options at a loss now a full loss. I’m telling myself to buy Apple because its been beaten down and its still a rich stock full of postive stories although I am seeing a loss of favoritism in their iPhone projects. People that were once big on getting them now can download the program to make their own phone like a Blackberry (RIMM) phone into an iPhone. I’m thinking the same. I checked it out. It’s cool and all but I can get a neat blackberry that turns into the iPhone for $100 and save $400. Sooooooo as soon as I see a decent pull back in AAPL’s stock from the weekly move that went from $120’s to $140’s. I’m going to buy my options with months and months in advance. Since the stock is expensive getting to buy them in-the-money might not happen, but I’m going to try with what I just deposited of my $3500 worth of rental income for the past 5 months. It is my personal trading mission to make my money back to continue trading with $1,000 into $100,000.

As for my india business venture called Meyer & Ryan International Corporation has won 2 major bids creating over $5000 of revenue for our first month in business. We may profit about half that I think. I’ll probably won’t see my income from it for a while. We are making good contact by using Skype and e-mail. It would be awesome to continually generate $5000-10000 a month from these major computer projects and also soon more staffing income from recruiting.

Lastly I’ve been helping out a lot with doing free SEO marketing on the site and giving the owner pointers on where to go with it. I don’t know if she will take my advice and experience or not, but I’m not making a penny. After recently doing a lot of working on figuring out how to profit on her website for her I’ve come to the conclusion that I either #1 need to become a direct competition and start my own babysitting online service or #2 ensure she includes me in a contract on the future company profits. I’ve been broke too long and I really help too many other people in their lives. I’m just waiting for one person really to motivate and help me! =D Well that’s enough of my complaining. I hope she enjoys her high traffic site with my expert marketing tactics.

chao. – fn

Trailer parks, stocks (HOKU scientific), and assasinations

Pakistani President being assassinated with riots afterwards. I’m not so surprised. Do even Americans care? Do we? Is it just another scare tactic? Another cover-ups for something else? I don’t know who to trust these days, particular not the news. It definitely made a hit on our financial markets with our major averages down -1% today.

The only stock holding up in the positive was Apple Inc (AAPL @ $202). Impressive. Its new blockbuster deal with Fox to sell more selection of movies on its iTunes is really going to boost the stock price up into the Mac Expo Jan 14th then earnings I believe Jan 18th. My price target I think it will hit is at least $220. Up another 10%. I think we could see $300 or a big stock split by next year.

Another wild stock is HOKU Scientific (HOKU @ $11.81). Currently down around -7%, but it had a major run up of +20% so I’d expect some pull back. It made another BIG white candle showing there is major support and it is ready to move higher then $15 in my opinion and what I see on the charts. If it holds above $11.50 today I think we will see it hitting $15 first week of January 2008 and I will be sold out of my Jan 15 Call options up around +200% or more. I’ve been trading HOKU since around $9 then to $12 sold, then bought at $10.58 and waiting for it to move higher with my options to sell at a good price.

Trailer park news is in. The previous owner who sold it to me first offered me $3000 to buy it back. I Negotiated $7000 then we met at $5000. So I did it. Okay it didn’t work out. I probably lost around $15000 on the deal. What’s new? Well nothing new besides no girlfriends, no luxuries, no nice bachelor pad, or paid off debt to pursue my business ventures until I get one that sticks and works well. Some people might feel irritated or mad about this, I just gulp it down, and thank God already for when something really does happen for since I know it will. Just when? I’ve been reading the Bible lately. I don’t know if this has affected the owner actually offering me money to buy it back or not. In a weird way I feel I lucked out not just offering it back to him to get rid of the ongoing loss. This is the way I look at this: I’ve owned the park for around 6 months and made a total of $1500, lost a total of around $22000 (this includes initial down payment of $10,000 + $4200 worth of mortgage payments + $7000 worth of repairs and renovations). I’m only getting +$5000 back, but if I hold onto it for another 6 months with the little tenants I have an keep incurring bills I will actually lose another $6-7000. So in retrospective if I sell it back to him now and accept +$5000 I’d actually be gaining really +$12000 back. I look at this as a losing stock. I can either cut my losses now while I can see the picture and its not earning me any money and continually since I’m not there I have no control over getting the units rented or I can keep it and continually lose more and more money that I could of applied to pay off existing debt. I think my biggest problem here was that they were small trailers instead of single or double wides. About 1 month after I bought the park it hit me hard. Then again, with my risky investment ideas, I take full responsibility for buying the park without seeing it, without inspecting the trailers, and over valuating it. I guess I learned another hard lesson in my seventh year of continual business losses.

So now that the park is done for and I can move on with my life I plan to take any money I have left and apply to my car loan and pay it off first. Student loans second, and then put the rest in a savings account. If I do buy another piece of real estate it will strictly be a single family home or duplex. I found that even though buying a mobile home park can be very profit worthy, unless I am there to maintain it, advertise it, and do most of the repairs it will become more of a burden then improvement in my business ventures. I suppose I learn best by doing. Most people teach or talk about doing something their entire life, but never do it. I actually do it. So I guess I can expect more hardships and wise lessons.