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Jobless rate reaches 9.8% in September
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<blockquote data-quote="1989" data-source="post: 610927" data-attributes="member: 10280"><p>If everybody just bought and held nobody would make money. Only sellers make money. </p><p> </p><p>OK, lets talk Apple for instance, you will see profit taking every so often. The stock will go down. But it will creep right back up, why? Because they consistantly under state their projections and outperform. </p><p> </p><p>The ultimate value of the stock is still there at 26 times forward earnings. As they raise estimates so will the stock price. </p><p> </p><p>If you want to talk about a stock like AIG. Well, if you get profit takers in that one you may never see $40 agian (or a split adjusted $2.00)</p></blockquote><p></p>
[QUOTE="1989, post: 610927, member: 10280"] If everybody just bought and held nobody would make money. Only sellers make money. OK, lets talk Apple for instance, you will see profit taking every so often. The stock will go down. But it will creep right back up, why? Because they consistantly under state their projections and outperform. The ultimate value of the stock is still there at 26 times forward earnings. As they raise estimates so will the stock price. If you want to talk about a stock like AIG. Well, if you get profit takers in that one you may never see $40 agian (or a split adjusted $2.00) [/QUOTE]
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