tag:blogger.com,1999:blog-3323125037607548189.post3256697869148716408..comments2024-03-15T02:40:09.484-04:00Comments on Wall Street Manna: Apple's earnings to skyrocket?Palmonihttp://www.blogger.com/profile/17670456087642069778noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3323125037607548189.post-67240224576754911572009-09-12T17:08:13.792-04:002009-09-12T17:08:13.792-04:00yes--I think Apple is just misunderstood. Last qua...yes--I think Apple is just misunderstood. Last quarter, I put some comments on this piece<br /><br />http://aaronandmoses.blogspot.com/2009/07/choose-you-this-day-whom-you-will-serve.html<br /><br />and here<br /><br />http://aaronandmoses.blogspot.com/2009/07/apple-on-deck-for-earnings.html<br /><br />AAPL has a massive fudge factor with iPhone. Check the comments on the second post.<br /><br />If AAPL adapts real accounting, their earnings would be through the roof. The $1.35 that they reported in July would of been like $2.25 and the revenue they reported of $8.3 billion would of been like $9.75 billion. And not only that, their cash flow was $2.3 billion for the quarter. (from memory but I know they are close).<br /><br />You then can easily get a price target of @@% for AAPL. In a hurry!! (Instead of putting in the numbers, I just put the symbols above them--Because I know the bears swear at me when I put out those targets!!)Palmonihttps://www.blogger.com/profile/17670456087642069778noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-84778571605570031002009-09-12T16:54:10.266-04:002009-09-12T16:54:10.266-04:00LVS should trade higher. WYNN is selling a stake i...LVS should trade higher. WYNN is selling a stake in Macau on 10/9--and they'll raise well over a billion dollars, and the IPO will scream. And that's just for 20%. Thus Wynn's Macau operations could have a value close to $8 billion.<br /><br />A month later, LVS will be on deck with their Macau IPO. And then their Singapore casino, with a much lower tax rate than Macau will be up and running next year.<br /><br />That means it will be massively more profitable.<br /><br />I just don't think the shorts really do their homework. When the market was blowing up, you could get a story, and run with it, and short these names on these negative macro theme and drive the stocks down.<br /><br />And now that the Macau growth story is coming back--LVS can do property development to raise more money. I know no-one wants to believe that real estate can be sold anymore, but memories are short when money is plentiful.Palmonihttps://www.blogger.com/profile/17670456087642069778noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-20367648911102365612009-09-12T12:56:25.485-04:002009-09-12T12:56:25.485-04:00are you playing any apple calls?are you playing any apple calls?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-77218876596374281922009-09-12T10:23:30.070-04:002009-09-12T10:23:30.070-04:00Palmoni - I have been holding LVS since mid march ...Palmoni - I have been holding LVS since mid march and want to hold into next year. Short interest seems to increase every month, which doesn't seem to make sense given the price movement. What do you think is going on there? Thanks for your help.CKnoreply@blogger.com