SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 273.67+0.5%Dec 19 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Edward Boghosian who wrote (133035)5/5/2012 6:55:52 PM
From: Cogito  Read Replies (1) of 213177
 
Will it do that? Who knows. But the 428 level is now being mentioned in our conversations. Is there anyone who will now say no way?
I would never say no way.

I would, however, consider it unlikely, because that would mean that the market was awarding AAPL a P/E ratio of only 10.4, which seems silly to me. But the market does do silly things, sometimes.

If the stock does get down that far, I'd consider it a monumental buying opportunity, for those who have the means to take advantage of it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext