Discussion in 'Stocks' started by skaranam, Jun 25, 2007.
Is it time to short AAPL? What do you think?
Short Apple now. Buy back around 115 per share and hold for a year.
My target for apple right now is $75 in 18 months.
No split, no nothing....I would never buy this above $100. I'll stay as far away as I can.
That was some mean ass drop today. There is quite a bit of volume 123-125, lot of folks caught with their pants down. As a rule I don't short stocks trading around all time highs. And when I break this rule, I always get uncomfortable and swear not to do it again. Such is life.
This stock at this time is just flat out not worth the risk reward either way!
No, right now is not the time to short AAPL. At least read some iPhone reviews first.
I guess it depends on what your objectives are and your timeframe. If you're looking for a 2-5% drop in the next 2 weeks, then yes, apple has good short potential, but it also has great potential to make it to 145.00 in the next few months.
As with all trading, timing is everything.
Are there too many AAPL threads?
Separate names with a comma.