Defendant

Why I'm Shorting Apple Ahead of Earnings

Ben,

Appreciate your willingness to go against the grain and take the heat from all the pro apple posters and readers out there. I know that must be hard since so many people immediately and sometimes irrationally come to the defense of Apple no matter what.

I think you do, however, that if Apple does go down, it will either be because of general market bearishness or irrational emotionality that will correct quickly. On the other hand, if the market is bullish on the day they release and they have predictably stellar guidance, wouldn't the short hurt a bit? Just seems risky given that you have no idea what kind of guidance they will be giving.