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re: AAPL getting crunched this morning, down almost 6%
Posted on 9/12/13 at 5:00 pm to BennyAndTheInkJets
Posted on 9/12/13 at 5:00 pm to BennyAndTheInkJets
quote:Seems to be the market sentiment.
I'm more bearish on returns going forward compared to the past.
Our AAPL position is up enough that we're trying to hold it for LTCGs. If we can get to next summer at 500, that would be fine.
OTOH, I find WallSt's apparent presumptions that Apple has "nothing in the pipeline" breathtaking. Likewise, AAPL valuation, compared to other techs, is simply inexplicable.
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