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


To: manalagi who wrote (133754)5/17/2012 4:43:33 AM
From: pianopoet  Read Replies (2) | Respond to of 213182
 
I just have to marvel at the guy who claims he sold apple at 630 and is waiting for the bottom to come before he buys back in. I think he forgot to tell us what his original purchase price was. I am waiting to hear probably it was at $5 per share... I just love all those geniuses who sold apple waiting to buy facebook. Cramer said I think that facebook is not another bubble.com.. I wonder is someone could tell me how to walk on water that is when I really will be impressed/



To: manalagi who wrote (133754)5/17/2012 11:47:27 AM
From: Cogito  Respond to of 213182
 
Unfortunately, to get back to the new high, Apple stock has to appreciate 25%. That's a tall order for a short term recovery.
I don't expect that to happen in the short term. I do expect it by the end of the year. But a lot could change, depending on new product announcements.

One thing that has occurred to me is that everyone seems to believe that the iPhone 5 can only be released in late June, or around the end of September/early October. But it could easily happen in between.