Well I warned you folks:
I think AAPL will see a lot of resistance around $30 per share (the folks who bought at $28 last August, remember?).
Yes you did. I think the MMs will continue to attempt to shake out as many of those 87,000,000 shares that traded last August (in 3 days), as they can. But I believe at some point, when the news is exciting enough, or enough weak hands have given up, the stock price is going to bolt. In the words of Warren Buffet, "I can tell you WHAT is going to happen, I just can't tell you WHEN". That's why options are such a bitch. Good luck to all you options players. I'm pullin' for ya.
Regards,
Scott |
