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


To: FJB who wrote (25360)3/1/2013 10:31:57 AM
From: sylvester80  Respond to of 32680
 
$425 area. If $425 goes nothing but air till the 200WMA at $363 and then the 50MMA at $350... it is ugly...



To: FJB who wrote (25360)3/1/2013 11:13:27 AM
From: sylvester80  Respond to of 32680
 
I want to add one more thing. Apple estimates are coming down. Growth is non-existent. The company has lost its cool and has outdated products. A single product is more than half the company so as iPhone implode so will half of the company. So no matter where support lies and the dead cat bounce happens, long term the better day are behind it and the trend for Apple is down. So money invested on this $400 billion overpriced POS are risky at best and will not get the ROI that they can elsewhere.

On the other hand you have Nokia a lean and mean company with patents, cool products, that is growing and is only worth a ridiculous $13 billion.

So any money invested will get more bang for the buck on Nokia IMO than POS Apple. And that is where I'm putting my money. It is more likely for Nokia to double from here than overpriced POS Apple.