It's been posted on here several times over the last month or two, that the Fast Money traders had positions in Apple. They've had plenty of positive feedback about Apple and really put things into perspective going forward. The changing fundamentals. The transformation from growth to value and the potential rise of the dividend and new product release in the 3rd and 4th quarter.
Fast Money Today
Apple: Breakout or Breaking Down?
Tue 07 May 13 | 05:50 PM ET
Shares of apple trading lower despite a new vote of confidence from david einhorn who says he is buying more of the stock. has apple run its resistance here or poised to break out? incredible move higher. it still has a lot more steam left. i think we are unanimous across the desk thinking it moves higher. i'm holding mine. i think it makes the climb back to 500. i think it's going to take a couple of days to break the 464, 465 level which there is major resistance. then play it up to $505.
She was pretty quiet for her. I can't believe all the fast money guys are all on board now. They change their mind like the wind....no real conviction just go along with the current trend of the stock.