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Technology Stocks : Apple Inc.
AAPL 280.65-1.2%3:59 PM EST
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From: MGV5/25/2014 3:05:46 PM
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The poor judgements of amateur Apple shorts have been a boon to Apple shareholders over the last 20 months. Even if someone had bought their initial Apple position at the exact high in September 2012, adding to it consistently at the gift levels made possible by miscalculating shorts each month that followed would have lead to gains of roughly 20% + dividends on Apple at Friday's closing price. That return is only if the initial buy was at the all time high and an equal amount was invested thereafter - in other words, the worst case scenario for an Apple investor. Discipline and conviction trump misguidedness every time.
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