sorry CNBC has been saying to sell apple since the stock was at 100$. did you hear the reasons given? absolute nonsens! they put up a couple of charts that make no sense. first chart showed apple pe declining from its peek in 2008. meanwhile the earnings have incresed ten fold. so the stock gets no respect is it reason to sell? then they put up a chart that shows the stock price strait down since late september giving no reason except that its being sold. in january when the company reports and makes fools out of these knuckleheads i want to see then what they say? and that flat flace melissa lee is a joke!
Absolutely right, buddy! They are idiots! A chart that shows a declining P/E since 2008 while sales have increased a hundred fold is the most compelling reason to BUY Apple...not to sell it. When earnings come out in January and when China Unicom and China Mobile start to sell iPhones next week, those Fast Money idiots will look like the complete fools they are.