Buy Apple Stock Before iPhone Release

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June 24th

Buy Apple Stock Before iPhone Release

posted in Apple (AAPL) |

It has been an interesting story the whole through, as Apple (AAPL) stock has quickly run up from just under $100 per share to over $120 per share in a matter of about a month. Investors have been handsomely rewarded for their time, but these precious days before the release should be quite telling.

The iPhone is scheduled to be released on June 29th. All signs suggest that the initial sale should be successful to say the least. On Friday, Apple released a step-by-step video tour of the iPhone and displayed what seemed to be a fully-functional, complete device.

To put it simply, investors have exactly 5 days to get into AAPL before the 6PM Local Time launch of the device. Every pullback should be purchased with a passion, as Friday and Monday should make room for a nice pop in the stock. If all things go well, investors could easily see another $5 to $10 added to Apple stock by mid-July.

Be prepared to see a nice little pullback after the iPhone release, regardless of success or optimism surrounding the device. THIS IS SIMPLY PROFIT TAKING, and should be viewed as another opportunity to pull the trigger and by more shares in the company.

Disclosure: Long Apple Inc. (AAPL)

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This entry was posted on Sunday, June 24th, 2007 at 10:00 am and is filed under Apple (AAPL). You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1 On June 24th, 2007, jesse said:

on what grounds do you recommend, “Every pullback should be purchased with a passion, as Friday and Monday should make room for a nice pop in the stock.”

your site is nothing but speculation and “hot stock” chasing and provides very little value.

2 On June 24th, 2007, The Matador said:

Hey there Jesse!

Thank you very much for your comment, but I’d urge you to look deeper into this story. Apple is about to release a one-of-a-kind product with an expensive price tag. Any optimism at the release time should support simple increases in the stock price of Apple.

As for your second part, you might be right in many ways. This site is all about looking into companies and ideas that may support the growth of wealth through stock chart and fundamental analysis methods. “Hot stock” chasing is often associated to pumpers and dumpers and people playing the OTCBB game. MarketMatador.com stands firmly against this idea, and it is especially important to note that AAPL has such a large market cap that a site like this wouldn’t be able to influence great change on a stock price anyways.

Thanks again,

The Matador