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


To: clean86 who wrote (150336)2/14/2013 3:50:59 PM
From: Moonray  Read Replies (1) | Respond to of 213184
 
Guess then the correct question is who is buying all the share now being sold.....

My guess is that it is funds other than hedge funds. Hedge funds found themselves way over their
AAPL allocations last fall and started the downhill snowball in AAPL. The street is now thinking that
AAPL is a "Value" stock, not a "Growth" stock, so we sit in no-mans land. Value funds are doing the
buying due to a belief that higher dividends are on the way. As to where is a good entry point, I offer
no advice. Still stinging from my advice to WLD not to sell "way up there".

P.S. Doesn't mean I don't think that AAPL is currently selling for half-price!

o~~~ O