irvinehomeowner said:
Yeah... ever since my bet with graphrix I've noticed that same trend with AAPL.
You can even use the dates of product releases to time trades which is another reason why people want to know so much about the next iThing before it releases.
After Jobs died was a good time to get in (apologies if not PC).
The stock will rise on the iPad 3 release... and the iPhone 5 release will go bonkers. If you just want to buy and hold (instead of USC's Vegas style)... anytime before those two products come out may be recommended.
don't forget the supposedly magic TV which everyone speculates is coming in 2012.
Valuation wise, it is pretty ridiculous how cheap apple is. In 3 years, they will have enough cash on hand to buy the entire company out. lol.
here is another source that is widely followed.
Apple: The Most Undervalued Large-Cap Stock in America (http://bullishcross.com/)