Buying Apple Inc. (AAPL). Why I’m bullish for AAPL & WTVI
If you bought Apple Inc. (AAPL) today at $86 I’m 100% confident tomorrows high will at least be $1-2 pts higher and close positive. I’m also confident AAPL stock has reversed finally to the upside and big buyers have stepped in. This is probably a short-term correct meaning it might go up for 3-4 days, but that is enough to make some money. If AAPL stock hits $89-90 by Friday I’m right. If it doesn’t then the stock is heading farther down quicker.
Check out this chart I have of AAPL. This is why I think a definite reverse in price is about to happen: (click on picture to enlarge)
Recently I’ve aquired half million shares of WTVI.PK and it is up around 65% within the past 3 days (which means up $.002 cents!). I plan to keep the stock until I think its a lemon or it hits $1 which ever comes first. I’m considering buying another half million, but I want to bring up my account first, meet my goals, and then buy more. I’m really excited about the company because Bill Gates backs the techology mix with social networking which is always a plus and the site definitely has something new to offer any consumer that has a wi-fi device that wants entertainment for free. I feel www.wi-fitv.com will provide this and get better at what they want to offer the more popular the site and service to members it becomes just like utube.com and myspace.com
The stock is making great buying moves. Current volume is going up every day and all the diluted floating shares are being bought up and that’s what I like to see. The companies market capital is only worth right now probably around $200,000 dollars. This isn’t even a million dollar company. So if they aren’t able to get advertisers and sponsors within 6-12 months this company will be worth $0 most likely because of bankruptcy.
Here is the daily and weekly chart of WTVI.pk – Both trend charts are showing a reverse in the stock price going up. It is currently hitting the bollinger bands on the daily which could make it come down, but if the stock is bullish and investors are buying in before the announcement then it should break through the BB. (Click on the pictures to enlarge.)
If you’d like me to research your stock and blog about it shoot me an e-mail. -FN
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This entry was posted on February 8, 2007 by Paul Awol. It was filed under 2007 stock picks, apple computer blog, how to become a millionaire, investments, speculative stocks, technical chart, trading stock options .