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Apple Inc. Message Board

  • jgaworldwide jgaworldwide Feb 11, 2014 11:43 AM Flag

    After there stock buyback pump, the stock will drop like a rock.

    This stock has no legs other than the fed like stock buyback stimulus. No new great products, innovation or new revenue streams drops this back into the $480 levels again. This company was dead when Steve Jobs died and has only stayed alive due to the old following and cash hoard. The new generation wants Samsungs bigger newer looking devices. By the time Apple has there new larger phone out in 6 months their market share will be taken over by Samsung who is already releasing the next generation S5. A billionaire investor can only prop this stock up for so long before a massive crash! I sold out my position today and have gone short at $536. Might be a little early but I capped a nice gain on the share repurchase.

    Sentiment: Strong Sell

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