RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Apple PayDon't let 'em fool ya. Float size, share consolidation and sharebuybacks are strucural wish list items. They're also related distractions that have zero capacity of having any impact on the real price of shares or any business sales successes. In fact, how often have you heard ..."We're not getting the Mobi-whatever... their float is way too big or too small!" or 'I'm not buying that new iphone..their shares are only $120, there's waaay too many shares outstanding and they're not buying them back fast enough'.... Never happens. Never will.
That, and the only thing that 'supports' the share price over time is potential and actual sales. Ergo ROI is a nickle, even after spending a $hton of free cashflow on share price 'support'.
If/when ROI consolidates without sales support I'll be short. Might as well make some quick easy $. I might just buy some more AAPL with my winnings too! Too bad I can't use my Apple Pay for that yet.
dyodd
knowsjack