are getting short and this is the FIRST DAY they phone is being sold !
IMO this ibeing overhyped to Prop the overall market !
the phone is not that revolutionary !
and most people with iphone 4 and 4s will not upgrade and those that don;t have one
and want and can afford one are not that many if you really think about the economy and the android migrations. I am not short in fact long all stocks I am in but I think this is topped out at 700
I will reference this post in a few weeks to prove to you I know what I am talking about !
I tried to warn you but most ignored what I said because they were conditioned to beleive this stock woudl never go down. You have learned an important lesson about wall st and greed but it was probably quite expensive. I told you at 700 to get out and never look back did anyone listen ? Anyone to what I said ?
I tried to warn you repeatedly see my initial post and read them you see I was posting when it was 700.
You were fooled by wall st pumpers and pros who sold their shares to you becaus eyou got emotionally attached and thought aapl would never go down even after you made 25-50 times your initial investment you got greedy.
Now I don't know where this goes from here but I think it will hang around this level and be dead money at best. Many are still way ahead and have learned an important lesson about greed.
I have seen this happen so many times I tried to warn you !
But most are emotionaly attached and will not listen to common sense.
Later you will say what was I thinking it went up 50 times or 100 times and I thought it would go up forever ?
You probably should save yourself the pain and sell your longs in EVERYTHING. All SMAs are being broken today and with violations being pierced in the past 10 days. Hope you have moved into bonds by now because treasuries will be at zero percent bond yields by April of 2013. Dead Serious. Europe is blowing up again and China is dead. Our "financial cliff" is next leg to fall and with it, the rest of the world will fallow.
of course the lines are short...all the inventory is sold out....lol there is a 4 week wait for iPhone....demand is not slowing at all........common folks don't care they want the phone no matter what
Many bashed me but are slowly learning I know what I'm talking about.
Is a Apple the greatest company on earth now ?
But sales growth is going to flatten out going forward and this means upside is nil but downside is huge you maybe don't realize how much the stock price has risen and as growth slows even from 40 to 30 for example the stock will not rise more !
I tried to warn you at 700 now you are getting close to 650.