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Fear & Greed Trader
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INDEPENDENT Financial Advisor / Professional Investor- with over 30 years of navigating the Stock market's "fear and greed" cycles that challenge the average investor. Investment strategies that combine Theory, Practice and Experience to produce Portfolios focused on achieving positive... More
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RTR LLC
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Stocks4Income.com
  • AAPL - Update On Earlier Recommendation 1 comment
    Apr 2, 2013 10:23 AM | about stocks: AAPL

    My observation lately on AAPL is that the comments from investors everywhere including SA, are overwhelmingly negative , combined with negative press , and downgrades (Goldman piles on this morning with their words of wisdom) are all signs that point to the stock carving out a bottom here. In my opinion that Goldman downgrade was released to their high profile clients who sold yesterday accounting for much of that 14 point decline.

    Summarizing the sentiment , Woe is AAPL , T. Cook can do nothing right, their business is falling apart, they can't , they can't, they can't .

    Noise , Noise and more Noise, Draw your own conclusions.
    The "FEAR" cycle is nearing an end or has now run its course.

    Disclosure: I am long AAPL.

    Additional disclosure: Stocks for Income means just that at Stocks4Income.com

    Themes: AAPL, Fear Stocks: AAPL
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  • synchrogeddon
    , contributor
    Comments (225) | Send Message
     
    AAPL stock is crazy. Once it's +10% up, then it goes back -10% - all in a few weeks. When it went down to 428$ yesterday I started to worry but then I realized that I'm long anyway so no worries for now. It's not like they are going out of business tomorrow like some people try to prove in comments.
    2 Apr 2013, 07:14 PM Reply Like
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