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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (11045)	10/17/2011 4:22:43 PM
From: Jeff Hayden	Respond to of 32692

They clearly want more APPL at a lower price. Happens every time some company wants in.

To: sylvester80 who wrote (11045)	10/17/2011 4:28:02 PM
From: Doren	Read Replies (1) \| Respond to of 32692

Interesting... finally some actual facts... ----- JMP: “We no longer suggest being overweight shares of AAPL and see that near-term downside risk overweighs upside reward. Shares have gained 14% since October 7, and increased 31% year-to-date. With the largest market capitalization for a U.S based company at $391 billion, any hiccup in its growth is likely to provide an opportunity to add to positions at a better price. The company has to constantly set records just to meet expectations. There is nothing wrong with Apple’s business model or execution, but we do see that sentiment is overwhelmingly positive and shares are within 7% of our $450 price target. We believe that it is possible shares pullback below $400, possibly even this week after the earnings report on Tuesday post-market, and we would seek to be buyers at levels below $400.” The last time an analyst downgraded Apple – JMP Securities – was in March 2011. That was before Apple ran from $330 to $420. The time before that was October 2010. That was before the stock ran from $270 to $420.