another case of heavy greed on wall street, here we have icahn complaining that apple is undervalued and misunderstood, yep, misunderstood, how the fuck is it misunderstood when it has the biggest market cap in the world, valued at 3/4 of a trillion dollars....it just got added to the biggest index on wall street, yep misunderstood.... how is misunderstood when the stock is up 20% YTD outpacing every market index in the US and most around the world...how is it misunderstood when its up over 55% in one year and over 250% in 5 years, please tell me how this stock is misunderstood???? I would love to know how this company is misunderstood, please do tell, what am I missing here, the greed on wall street is disgusting when you see a comment like this.... Icahn: Apple is still undervalued, misunderstood; expect in-depth report in 2 weeks Jacob Pramuk | @jacobpramuk 17 Mins AgoCNBC.com 37 1 COMMENT Shares of Apple are still "undervalued and misunderstood" despite a dizzying climb so far this year, billionaire investor and major Apple shareholder Carl Icahn said on Tuesday. In a tweet, he told investors to expect an "in-depth report" in two weeks. Carl Icahn ✔ @Carl_C_Icahn Follow $AAPL is still undervalued and misunderstood. Expect to put out another in-depth report within two weeks. 11:26 AM - 28 Apr 2015 253 RETWEETS 143 FAVORITES Reply Apple shares were trading more than half a percent lower Tuesday after the company posted quarterly earnings and revenue that topped Wall Street's expectations on Monday. The stock has jumped 19 percent this year.
I posted yesterday AH that I believe AAPL will be down today to around 130 and it has happened. Check out this chart. The third Q is always lower. 6 inch Iphone was a big improvement for Iphone as many wanted to upgrade their small iphones to bigger ones. That advantage does not exist anymore. I mean that peak has already gone. Now AAPL will try to push its stock up by engineering the market and not by sales.
AAPL will continue to be "misunderstood" according to Icahn until he sells his stake, then don't expect to see any further tweets from Icahn, as the stock will be "fully understood."