AAPL, they are finally figuring out what I knew for years

http://www.zerohedge.com/article/ne...the+survival+rate+for+everyone+drops+to+zero)


A ripoff at 1/2 the price

 

you were also short a few years too early. that's why you call yourself shortie.

 

you missed a career in stand up. do your friends call you Mr Comedy?

 

it was a new category. they didn't have competition in the beginning.

 

AAPL is worth at least $600 per share, best value blue chip in the S&P. It's a market-dominating company with no debt, large net cash, strong earnings growth, selling at a PEG of about 0.5. Bargains like that come along once every few years, back up the truck and ignore short-term fluctuations.

 

wow, nice call

 

Thanks. AAPL up 9.5% since I made the post, vs -16.2% for SPY, an outperformance of 25.7% over 4 1/2 months.

 

Worth at least 600 bux huh.