AAPL is an ego trade. One should never trade on ego. What i mean by that is the only reason someone would short a big name highly popular stock like this is so that they can brag about shorting aapl. If they make money on it, they will brag about it for the next 10 years to everyone they meet on the street. There are 100s of other stocks out there that are better shorts that you can make alot more money on alot faster.
retaildaytrader's original post was on 10/13/2010. Day High: 301.96 Day Low: 299.80 Day Close: 300.14 retaildaytrader's post quoted above was on 10/18/2010. Day High: 319.00 Day Low: 314.29 Day Close: 318.00 In the 10-18 post, retaildaytrader claimed "as of now watching a small profit". The only possible way retaildaytrader was watching a small profit being short the stock at that time, given the daily trading range on that date, would to have gone short at the absolute top of the range that day (10-18), which would mean his 10-13 post, which implied he was getting short at the ~$300 mark, was false. retaildaytrader really needs to be more on top of crafting his fabricated stories... I've had trades that have sucked. OK...a lot of trades that have sucked. But I've had some really good ones, too. I look to this board for decent, honest discussion. retaildaytrader is not honest, and as of today, if in fact still short, no matter what the entry point, at best even under the best-timed of all trades. (AAPL closing price 317.13 on 11-5-10, AAPL all-time high 320.18 on 11-4-10). Please take your shorting AAPL and winning claims back to the Yahoo message board. Thanks in advance for your understanding...