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Technology Stocks : Apple Inc.

AAPL 260.19

+0.1%

10:13 AM EST

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To: langosta who wrote (190982)	6/2/2016 12:36:02 PM
From: slacker711	5 Recommendations Recommended By AJ Muckenfus BoonDoggler HerbVic JP Sullivan Moonray Read Replies (1) of 213182

I've been burned owning Apple. It was the first stock in my portfolio to implode in '08, and the first again in '015, a time when other tech stocks rallied for most of the year. Why is this strong company, such as weak-as-dishwater stock? It's always the first to take a beating when the market goes down, and always fails the last to recover. Nor has it been a particularly good long-term investment. Most people who've owned it since it first went public in the early 80's have lost money selling it during its frequent crash-and-burn events. It's a magnet for critics to bash. It first hit $100 in September 2012. It's lower now. It's been a classic "disaster stock" for me. This is absurd. If you are a long who has lost money overall owning Apple over the last decade then you need to look at your investment style and not the stock or company. You arent going to avoid dramatic declines by owning FB or AMZN. FB fell in half after its IPO and AMZN has had a number of 25% declines over the years. Slacker

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