1/2 billion in cash and no debt. Cash deals today....Gap (GPS) and Hormel. Never short a cash king stock or you get egg on your face.
Apple is the king of kings, 100 Billion cash, I have seen my apple drop very hard for the last few weeks.
neutral from outperf
You will see alot more deals in 2013.
Pfffft.....a cash king stock who's revenues are in decline.
SHORT the heck out of it and buy PUTS.
Sentiment: Strong Sell