AAPL - Apple, Inc. - NASDAQ

[rbombard]

Doc you think it's going to drop back $430?

[Dr PennyStock]

I don't get that though, they're going to release iPad 3 this week, and rumored for a ew MacBook and a new apple television screen, I don't see this stock going down at all.

Did you ever heard of sell on news?

[Dr PennyStock]

Doc you think it's going to drop back $430?

Yes, I do, of course it takes time.

[PaulPaulPaulPaul]

Looks like Apple just keeps chugging along in the overbought zone.

[RoagTrader]

Don't worry, when the market crashes it will fill that gap

[Dr PennyStock]

Don't worry, when the market crashes it will fill that gap

It is making an exhaustion gap, look out below

Example: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysi

[justonian]

The padewan is still learning, i had no clue there were different types of gaps.  Thank u master Jedi for your pearls of wisdom.

[Vegas]

This was halted this morning pending news... This should drive it even higher...


Apple to pay dividend, start stock buybacks

March 19, 2012

Apple Inc. is finally using its $98 billion cash hoard to reward shareholders, saying it's instituting both a dividend and share buyback program.

Investors' expectation that Apple would soon declare a dividend has already bolstered the stock of the world's most valuable company, driving its market capitalization to about $546 billion.

Apple said Monday that it will pay a quarterly dividend of $2.65 per share, starting in its fiscal fourth quarter, which begins July 1. The dividend works out to $10.60 annually, or 1.8 percent of the current stock price. That annual yield — how much the company pays out in dividends compared to its stock price — is below that of other big technology companies like Microsoft Corp., currently at 2.5 percent, and Hewlett-Packard Co., at 2 percent.

A $10 billion share buyback program will begin next fiscal year, which starts Sept. 30, and run for three years. Apple is sitting on $97.6 billion in cash and securities. For years, it has resisted calls to reward shareholders with some of that money. Since the death of CEO Steve Jobs, management has signaled that it's been considering options for the money.

http://finance.yahoo.com/news/apple-pay-dividend-start-stock-124255675.html

http://stockcharts.com/h-sc/ui?s=AAPL&p=D&b=5&g=0&id=p55800679487

[Dr PennyStock]

The padewan is still learning, i had no clue there were different types of gaps.  Thank u master Jedi for your pearls of wisdom.

In this case, the news of the dividend, and, the stock buyback program, were just at the right time to avoid the fill of the gap, but, this is an exhaustion gap, I am 100% sure, and, the stock is overbought, it is a matter of days to fill the gap.

[budfox1986]

Man this one just doesn't seem to know when to quit going north does it?   

[IdrA]

Man this one just doesn't seem to know when to quit going north does it?  

The volume is starting to die off. With it being in the oversold zone this run will end very soon.

[Dr PennyStock]

Already confirmed a top at 609.65, look out below.

[Dr PennyStock]

Doc so I have any positions in apple you think it's time to sell ?

Right.

[millie]

Been falling for a few days now.... Im in it when the rain clears......

[Dr PennyStock]

Here we have the big pull back, look out below, -DI crossed up the +DI, and, the weekly chart causes dizziness, look at that +DI pointing down, hello $430 gap.

http://stockcharts.com/h-sc/ui?s=AAPL&p=W&b=5&g=0&id=p40528600268