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


To: pyslent who wrote (169914)5/28/2014 4:38:18 PM
From: Ryan Bartholomew  Read Replies (1) | Respond to of 213176
 
All he was saying was that the opinions of those who still thought Apple was grossly overpriced after it fell were wrong.
That wasn't all he was saying. He also implied that buying AAPL at its high would have been a good investment for those with the foresight to keep investing as it fell. I pointed out that, while possible to market-time in that manner, you could do the same with other falling stocks or just invest in the broader market and not continue to leverage. He then claimed that AAPL was a lower-risk investment, which not true by most objective measures. In summary, his circular reasoning (Apple was a lower risk stock because it rebounded and I knew it would rebound) is not sound. His initial quote, in part, was:

Even if someone had bought their initial Apple position at the exact high in September 2012, adding to it consistently at the gift levels made possible by miscalculating shorts each month that followed would have lead to gains of roughly 20% + dividends on Apple at Friday's closing price.




To: pyslent who wrote (169914)5/28/2014 8:45:18 PM
From: MGV  Respond to of 213176
 
Not exactly but closer than the other guy.

All he was saying was that the opinions of those who still thought Apple was grossly overpriced after it fell were wrong.