Seeking Alpha

Constable Odo » Comments » MER

  • Now What for Apple Investors? [View article]
    I don't think this guy should be constantly criticized for saying Apple is going down. It's not like he can pull the stock down on his own. It's plain to see that Apple stock IS going down. What he's saying really doesn't upset me since I'm long Apple and will be holding onto my shares and continue waiting until the market turns around. I don't know how long that will take. I'm upset with the people who said earlier this year that Apple would be sitting around $190 a share going into September. They weren't paying much attention to the economy at large. I'd like to call them liars or idiots or twisters of the truth. Let's just say they made a big mistake or I was just as foolish for believing them.

    Why buy right now? When is the right time to load up on more Apple shares? People were saying that Apple hit a bottom near $150, yet it continues to slide. Who knows exactly when? Maybe the stock will get down to $120 again. Is Zach wrong to say that? Do you believe he's jinxing the stock or something. I'm not happy at the Apple share price decline at all, but I think most of you should put the blame on mortgage lenders, the banks and overleveraged financial institutions. Most of those people are now paying for their greed, ignorance or deception.

    Why bother to come to this site if you don't like his opinions about Apple's performance? If you all really believe that Apple is in the best position of all tech companies to turn around once the economy stabilizes, then what difference does it matter what Zach says. If you really have faith in Apple, then what he says shouldn't sway you from purchasing more shares to prove him wrong. OK, he shorts Apple to make money. I think that most of us want to make money, since that's why we're into the stock market. He can't force any of you to sell off your stock if that's his goal. If this site can really manipulate Apple stock price, then he truly has a great power.

    I am an Apple fanboy and I've been using Apple products for years through good times and bad. I want Apple to make money and I'm in it for the long-term growth. I honestly believe in a good economy the share price can go over $200. Just not today or even this year. I'm not blaming Zach for this mess. I personally don't think he has enough influence over the whole market to send it into a tailspin. If I don't wan't to hear what he's saying, I won't click on the link anymore. If his view is so cockeyed, then I'd also advise the rest of you to avoid clicking on his link.
    Sep 16 12:30 pm |Rating: 0 0 |Link to Comment
More on MER by Constable Odo
Comments by Ticker
Constable Odo's
Comments Stats
81 comments
Rating: 25 (72 - 47 )