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  • senspeed senspeed Dec 7, 2012 11:30 PM Flag

    Tim Cook USUALLY does not like to tip his hand, BUT.....

    Haha, really? What else can he say? "Please bet against us"? Does betting against mean the stock won't go down to the next support line at $450?

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    • NO, but Tim Cook NEVER hints at anything positive. He is notoriously tight-lipped about everything. I take his statement to mean that Apple has plenty of innovation ahead. Regarding stock price, I am not saying that it can't go down to $450 as stock price (valuation) is not always reflective of a companies success. However, as long as Apple continues to innovate, people will continue to buy Apple products, and the stock will in turn be forced to go up.

      Sentiment: Strong Buy

 
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