LastBattle

Who in the right mind is buying Apple here?

NASDAQ:AAPL   APPLE INC
440 3 8
-because Carl Icahn says Apple             is underpriced by 2x?
-because AppleWatch is launching soon?
-because of iCar rumors?

Firstly, Carl Icahn as an activist investor himself and having invested into Apple             shares himself makes his credibility zero. Can you really take this guy's words for real? When is he going to dump on you?

Second, will Apple             Watch really take off like what many claims it will be?

Third, people are buying into the rumor of Apple             developing a car and that might bring in a potential 100b + revenue? what? Sure if you're speculating on Tesla             , but Apple             Car isn't even out to date.
Buy the rumor, sell the news. (See:
Important lesson to learn from: Buy the rumor sell the news
)

To sum things up, there's simply so much more to lose than to gain from buying here. The market will always be there, sometimes you're better off not trading and wait for an opportunity.
Patience is the word.

Sure if you've already bought Apple             at a low price, its still worth             holding it over long term.
Better off buying the gold Apple will need to make their 18 karat Apple Watch instead: http://tidbits.com/article/15443
+1 Reply
Lower highs you mean (in RSI...)
Reply
yeah lower highs, my bad :)
Reply
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