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


To: Win-Lose-Draw who wrote (149071)1/24/2013 1:48:38 PM
From: Kirk ©1 Recommendation  Read Replies (1) | Respond to of 213172
 
I took a lot of heat warning about the difficulty of holding a $500B, then $600B market cap and recommended taking profits while I didn't own any Apple in these two articles.

seekingalpha.com

It seems we're getting close to where it will be interesting on the valuation basis I like and now I only need sentiment and fundamentals to show signs of a bottom.

Jeffrey Gundlach who also didn't like Apple last year at the same time I didn't, was on CNBC yesterday. He had the balls to short it last year whereas I only took profits in any mutual funds where Apple was the largest holding... Gundlach said yesterday that he thinks it could go to the $300s as it overshoots on the negative side just as it overshot on the positive side.

It would be interesting to take a poll and post the results here of the target everyone has where they would buy first shares of Apple.... add to shares and where they think it will eventually bottom and be too good a price to resist.