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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (46603)	2/16/2012 2:29:52 PM
From: Mattyice	Read Replies (3) \| Respond to of 78774

AAPL - This is one of the few longs i have held since November 2010. I have now exited over 90% of my position in the past two weeks and look to maybe exit today or in the next week. From a valuation perspective it looks fairly valued and people are arguing that it is undervalued... Well..... Let me be real here. The stock is going parabolic. That is NOT a good sign for long term viability from a price perspective. People are saying this time it's different..... People on magazines like slate are calling it undervalued, Hipsters are texting me asking me if should buy some apple... well hate to pop anyone's bubble, but this time is not different..... IMO Look up the word parabolic.. then mania, then tulip bubble.. insert bubble here. The rise is getting extreme, euphoric... last time i check us value investors never made money getting in during euphorias. (unless from the short side ; ) )