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Short Aapl

In valuation, PE and DCF are lousy methods to start with.

Neither tells you what's driving the earnings and what's the macro trend.

I never liked aapl stock but I did take me as a surprise when it hit 700.

for a $400bn company, the best valuation method is "gravity".

I had a friend who thought RIMM was too cheap years ago only to find it cheaper.

AAPL would become the next NOK or RIMM. Happy shorting.

I feel sorry for greenlight capital who made it so public that they have been riding downward with the stock.

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