You can honestly sit there and type that crap while AAPL is up like 7000% in 10 years?? You think thats way overdone? No other stock has ever done that, but AAPL did...that is about as upside down as you can get. AAPL should be trading at most at $200. That way, it can get in balance with the rest of the world.
This is temporary, you will get 30+ bad days out of 365 good days/year. This will rebound before end of the year. Expect a V shape recovery. Do not sell , will be rewarded later, learned my lesson the hard way.
Sentiment: Strong Buy
Classic battle. Technical traders looking at charts vs Fundamental Investors looking at value and discounted cash flows.
Over the short term the market is a voting machine. Over the long term it is a weighing machine - Warren Buffett
Ultimately over long term stock prices follow earnings which are headed up for the next few years. What the stock has done in the last 30 days is just technical chart readers putting in their votes. They do not care if the stock trades under cash value and PE
aapl going from 350 to 700 in one year with barely a pullback was rediculous..its heading to test 500, that is still 42% higher than when it began its runup one year ago...at 500 its still overbought in the eyes of the market but it may stop falling there...i think 485