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Apple Inc. Message Board

  • wes_w_weber wes_w_weber Jan 5, 2013 5:54 PM Flag

    You're not placing the right multiple on Apple.

    Apples stock sponsorship is switching over from a growth investor to a value investor. I do not agree with its stock price declining but rest assured it will. I will buy Apple when it is time to do so but this will see sub $480's. In fact I would not be surprised for it to hit $425 which is the exact same price it was one year ago on January 22, 2012!!

    That is an 8 multiple on $53 people. It is written and it is headed there. I am short 5k shares. I have a feeling this may coincide with a broader market sell off. I think Apple is great, I have owned an iphone when I went long the stock. Ironically I have pre-ordered the Blackberry and shorted Apple. ;)

    Send the hate responses. I am here to make money not to be a sheep!

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