I've been here for a long time bud. You going to jump down my throat again?
Here's my deal: I am long AAPL, but I feel it went too high too fast. Having been burned in the past with this stock's volatility I got out yesterday PM at 465. I'm looking to get back in just prior to the WWDC. I think the future is bright, but there are challenges. Lack of any really new products is top of that list. I think the WWDC will be the first hint of what lies ahead on the world under Ive.
Do you think I am misrepresenting myself?
A lot of institutional investors were waiting for $458 and the volume to back it up . For the current break out you're looking at. Of course you sold and 465. You'll end up with sellers remorse soon. If not all ready.
Sentiment: Strong Buy
Don't forget by all the metrics this is most definitely still a value stock. With the Markets up such a large amount into record territory, investors are looking harder for value stocks. Apple is in demand and investors are buying in. This will see corrections along the way but it is still headed to 500 before the summer-IMO.