I read Carl Icahn’s most recent letter about Apple with much interest. I admit I was at first shocked by his conclusion that Apple was worth $240 a share. If Apple goes over $200 in the coming year, I will be so rich I will actually be able to afford an iPhone 6… Plus! Nevertheless, […]
**UPDATE March 20, 2015** Nailed it!!! Tomorrow, during Apple’s event, dubbed “Spring Forward,” Apple’s stock will flash crash. Within a few seconds, it will fall by a dollar and more, and then it will keep dropping for some time, before recovering minutes after the event. Use that little crash to buy Apple shares or, […]
My most recent transaction, aptly named “YOLO,” has garnered quite a bit of attention, and I have received some excellent questions. I think it is worth exploring some of them here. First, here is the transaction in question: Yes. I bought $31,800 of calls on Apple. Not stocks - call. Options. Derivative products. First, I want […]
