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Technology Stocks : Apple Inc.
AAPL 278.72+0.5%Dec 10 3:59 PM EST

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To: Ryan Bartholomew who wrote (169878)5/28/2014 4:07:36 PM
From: pyslent  Read Replies (2) of 213176
 
"While you and others might have thought $400 was a low-risk bargain of a lifetime, others thought it was a grossly overpriced stock because of the market share, margin, and profit trends."

Agreed, the balance between the opinions of buyers and sellers is what makes a market. Re-read MGV's original post that sent you into a tizzy. All he was saying was that the opinions of those who still thought Apple was grossly overpriced after it fell were wrong. I don't see your problem with that point. I don't think it's particularly insightful, but I also don't think it's at all controversial, given the price action. Unless you mean to say that the bears weren't wrong, they were just unlucky. Conversely, those of us on the long side weren't right, we were just lucky. IE, unknowable.

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