R_Rye

$AAPL Catalyst

Short
NASDAQ:AAPL   Apple Inc
391 views
1
Whether it's the "death cross," higher capital gains taxes, a right shoulder that forms in January, the fiscal cliff , a parallel to the historical decline of RCA, or the Mayan apocalypse* (sarcasm) that induces further selling in Apple - the world's largest company is now trading like a schizophrenic penny stock. Yet targets haven't been lowered and retail is supposedly looking at a "generational low," but I believe the music stopped when the >$1,000 price targets arrived on scene. Short via options looking for capitulation sub $500.