Are you on the short side now? From what I remember last Fall, you and I had many conversations when I held puts from 110. You were amongst the staunchest of supporters, so I am somewhat surprised by this post -- it seems you may have given up and reversed.
I am actually on the long side now. Small position. Actually, tiny compared to all my shorts in this market. But, I always liked the company and thought they took the right strategic actions to preserve long term value for shareholders post patent expiration. I think we are witnessing a long capitulation squeeze now and like being on the contrarian side of things...
Tech I sold most of my shares at 106 then again ariound 81 when Einhorn started blasting away. The last bunch at 50ish.
I have a large position in aapl, WPI, ABT and QCOM amongst other stocks. GMCR was a dream for me but I knew it was time to get out. To many unanswered questions. I had a GREAT run with GMCR and wish my "old friends: here good luck. For me GMCR was the dream investors wait for. I bought Jan 2008 and held thru two spilts before selling
I don't read this board much but had to answer some of these "boorish posters.
AAPL is a great buying opp. People have to look past all of this and wait to IPHONE%.
THOUGHTFUL, I appreciate your insight. But AAPL FAILED. It used to be a great company under Steve Job's leadership. I don't think they would be able to survive for long. Great Company AAPL? How about GMCR? Just because Stille's shares were caught in a margin call, Einhorn made money. But what is wrong with the company fundementally?