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Bill Maurer
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I am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the investment management industry. I have... More
  • Apple Lost General Mills Today 0 comments
    Feb 15, 2012 6:30 PM | about stocks: AAPL, GIS
    How big has Apple (NASDAQ:AAPL) gotten?

    Well, with the nearly $30 decline today from its high to close and low, Apple lost enough market cap to equal the size of General Mills (NYSE:GIS). Yes, the ENTIRE COMPANY of General Mills.

    Is Apple too big? Well, when it gains or loses $25-$30 billion in a single day, just maybe it has.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: technology, consumer goods Stocks: AAPL, GIS
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