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Apple Inc. Message Board

  • drmwsunner drmwsunner Apr 10, 2013 3:46 PM Flag

    Short Sellers Have Taken Over the Board - good Sign

    Shorts are getting worried as there is good news about AAPL partnering with Yahoo, and has develped newer technology via Broadcom that will speed up the IOS ecosystem for all devices. Even if they miss, predictions indicate further growth as well as higher earnings per share. The miss is already built into the share price as the cash hoard will exceed 142 billion. The mood is changing and those hedge funds that dumped AAPL will reemerge as buyers. The China Mobile deal is getting more press coverage as well as there is more certainty about new products in the pipeline. Price targets even with the probable miss are set in the $680s. Yes, shorts are worried and those that shorted in the $420s are running scared as well as those who have held short positions for months and will now want to capture profits. Hence, a short squeeze will drive the price even higher. We are headed higher in the short term and long term. Even when the market corrects, and it will, AAPL will emerge as one of the strongest stocks on the globe. Happy days for AAPL longs as the negativity is changing to a more positive view of AAPL's growth prospects.

    Sentiment: Hold

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