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Apple Inc. Message Board

  • geosmart668 geosmart668 Mar 4, 2013 8:06 PM Flag

    Logic thinking

    Forget AAPL at $700. AAPL is at $420 now, is AAPL undervalued now? the answer is yes.
    Can AAPL go even lower? yes. Where is the absolute bottom? no one knows.
    Is it good enough to buy at current level? Absolutely.

    The logic plan is: divide the money left into 3
    Buy 1 now.
    if it goes down another 10%, buy another 1;
    if it goes down 20%($340)(it will not happen if the whole market doesn't crash), buy another 2.
    Then you are done. Close the book. Check back in one year.

    Sentiment: Strong Buy

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