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Some Days You Have The Wind At Your Back
I oftentimes wonder if some of the aapl shorters are shorting because they have some deep-seated and irrational hatred of Apple, rather than because they truly believe Apple can't continue to be this monster cash cow.
What troubles me is some folks may have read Mr. Blair's post back in April and decided, "Boy, I'm going to follow this smart Michael guy and short aapl! I'll be rich!"
And, you know, maybe these people can't afford to lose $10K per day like Mr. Blair can.
I'm not an investment guru or anything, but if I ever start shorting stocks, I'll probably pick dumb companies like Sears, rather than smart companies like Apple.
But that's just me.
May 30, 2014. 01:23 PM
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