VW went parabolic on a short squeeze, taking a well known German billionaire to the poorhouse with it, before collapsing .....
Why would anyone listen to some jerk about what to do with their money? Maybe they deserve to 'lose everything' - at least once or twice. How foolish. c
I am not an expert, but this author never walked into an Apple store or so it seems. I see sales non stop, and a company with more cash than anyone..So short that? He is just a typical guy that tries to call a top without any reason, and he was hoping to be right...he was ran over, but what does he care? I for one do feel bad for people who read his garbage, because I know they are not greedy, rather just try to make an honest buck on a publication that seems to put some effort into content. I hope Thomas Kee has the decency to put a 4th article and admit he was wrong..yeah right. I cant wait for March 7th to be ripped off again on the new iPad 3..LOL
Oh Ive been consistently long calls on apple for throughout my paper trade days and now- my best moneymaker. I work as a part-time mobile sales guy going through uni and I can tell you- no amount of convincing will make people buy androids (in my experience and opinion a far better product, especially since iPhones are Samsung made). Just won't happen. I just sold a 4S last week to a 11 tear old kid, who had purchased a iphone4 11 months ago. Why? Because his friend had the iPhone 4S model.. His poor mom couldn't help it. I even tried convincing him not to get it because I honestly felt bad for the mother. Didn't work. I made my commission. So when I trade between classes and my PT job, I've seen first hand Apple go from $150 to $540... And it has been gorgeous all along. And his complaints about Apple's customer service? Are you kidding me? A mere $79 investment on their applecare gives you what I would say probably the world's best retail customer service experience bar none. I've had customers come in next day with the broken iphone because they work in construction. One example- I sent him to the apple store, he returned with a refurbished one- FREE. THAT is why Apple is at $545. Not because it's simply a good product. The service ROCKS.
I think that's a bit of an exaggeration, considering the millions and millions of downloads of popular Android Apps. Also, I bought an Android phone recently I am very happy with and a Samsung Galaxy tab.
im sure youve seen this but justt hought id give an example... http://www.youtube.com/watch?v=FL7yD-0pqZg
Even if AAPL is overvalued, it could go on like this for years. There has to be a catalyst for the trend to change. See internet stocks in 1999 as an example. I did the math and the money I put into my first Macbook Pro would be worth $12,500 now if invested in AAPL. Not even going to think about the $2000 that went into an Apple 2 in 1983.