it tried to dominate many areas of business. So it expands, expands, and expands and for years and years not much profit to show for its sharesholders. Well, guess what, Hitler tried to dominate the world, too, and we all know what happened.
Well that's part of the sham from an investment perspective. This is a good service company but when you keep rewarding a company time and time again for growing revenue and showing minimal profits they just start getting into more markets selling more stuff. The problem is when you try to be everything for everybody and people start to realize that instead of God possibly PT Barnum is running the company and sales start to slow, there will be a run for the exists.
I'm not saying that run for the exits started today. This could just be a healthy pullback. Longs need to hope a few of the sell side crooks come out to defend the stock.
The reality is this could start to be a short term rotation out of the stock. I'm sure others noticed that another REAL COMPANY with REAL PROFITS was upgraded today.
Let's see will other analysts come out on AAPL's side and against AMZN in the coming days. That and at what point is this weak volume market run long in the tooth?