AAPL Strength Surprising - But Likely To be Sold
June 10, 2008 11:42 PM
I do NOT like the lows on AAPL. I do like the highs. This stock you are buying at your own peril, IMO. The action today made zero sense. But we are still in “3G IPhone Fever” stage, so anything can happen. But buying in this range with no decent lows, you are begging to donate your money, IMO. Buying here I don’t like it, I don’t like it, and one more thing, I don’t like it.
If you are long AAPl here, best of luck, you are gambling, at best. I don’t gamble, and I don’t guess. It is an avoid. If it goes to a $1000, fine, they guessed right. But they were guessing. Good luck with that.
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