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Message
re: Time to sell or short Apple IMO
Posted on 4/10/15 at 9:37 am to Tiger n Miami AU83
Posted on 4/10/15 at 9:37 am to Tiger n Miami AU83
2
Posted on 4/10/15 at 9:52 am to lsu13lsu
Well, I am a bit biased against Apple.
Back around 2000, I bought 2,000 shares of Apple at $20/share. At the time it had more cash on hand than its entire market cap. Was biggest no-brainer ever. After holding for about a year it was down to $18/share.
I got pissed and sold all of it. Never bought back in either.
(you can all laugh at TiM now)
Back around 2000, I bought 2,000 shares of Apple at $20/share. At the time it had more cash on hand than its entire market cap. Was biggest no-brainer ever. After holding for about a year it was down to $18/share.
I got pissed and sold all of it. Never bought back in either.
(you can all laugh at TiM now)
Posted on 4/10/15 at 11:17 am to lsu13lsu
quote:
Apple Death Knell Counter
pretty funny stuff in there...
By Matthew Lynn, Published in Bloomberg
Relevant Quote:
The iPhone is nothing more than a luxury bauble that will appeal to a few gadget freaks. In terms of its impact on the industry, the iPhone is less relevant. [...] Apple will sell a few to its fans, but the iPhone won't make a long-term mark on the industry.
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