Quote:
Originally Posted by MCQ
Piper Jaffray upped their target today to $205 from $160, based on their forecast for 2009 iPhone sales of 45 million, and integrating their assumptions for the iPhone sub revenue sharing. Another $2 up premarket so far this morning.
Moving too far too quick?
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Next Wed. I think I'm going to put a sell order in, just in case it drops a few dollars after earnings. I'd like to figure out a way to catch it back on the inevitable upswing if I do sell.
I'm thinking an order of -$5 from the previous day with a buy order at -$3, hoping to skim some profits off a selloff... I probably won't do it because I'm a chicken, but it's a thought...