Sure maybe AAPL shares went up following the Einhorn news but the facts ate that Einhorn is one of the biggest hedge shorts in the world. Can't trust vermin like him, period.
Sentiment: Strong Buy
Shorts are vermin? You don't know what you're talking about. He runs a HEDGE FUND. Do you even know what that means? It means that his long positions must be hedges by short positions that bring down the overall risk of the fund by making the assets in the fund market neutral. Dave Einhorn is also a very charitable guy. He gave his entire winnings in the world series of poker to charity...something like 700k.
Also, it's not shorts that are unethical. Shorting is a legal and legitimate investing style. The vermin are the CEO's at public companies that lie to their shareholders about the strength of the companies they run in order to personally enrich themselves by rallying the stock price by lying to the market. Shorts are the people who expose these lies and profit from it. Nothing wrong with that.
I agree but Einhorn got the MO back into aapl and that's good for all longs. The stock was floundering and going nowhere, longs were scared to death that it was going to 300's and he put it on his shoulders to get aapl's attention about putting more $$$$$$$$ in your and my pockets. I say it was a great thing he's got the mo back. We're looking at 500 anyday now. Say thanks to Einhorn for that.
Sentiment: Strong Buy
He is a fund manager, who can't even beat the S&P performance. And if you can't beat the S&P customer are getting angy and leaving. Einhorn is just blaming Apple for his inability. He is trying to rescue his #$%$ and harms Apple by suing them. It's been visionary Steve Jobs, who has been even against dividends. Considering, that Apple fights against all the other tech companies, who are working together in alliances, Apple's cash is relatively seen not that high. How much cash got Microsoft, Google, Samsung, Lenovo, Dell, Apple, Acer, Asus, Amazon, HTC, Blackberry, Nokia, Huawei, ZTE and the list goes on with several Windows software maker, combined? Again, Apple's cash seems to be extremely high, but considering the competiton it is not.
Sentiment: Strong Sell