June 21, 2013, 3:25 P.M. ET
Birinyi to Bloomberg: Not Adding to My Apple Position; ‘Whipping Boy of Wall Street Right Now’
Laszlo Birinyi of Birinyi Associates was on Bloomberg Television a short while ago talking with anchor Trish Regan about Apple (AAPL).
Although Apple is one of the firm’s largest holdings, Birinyi is not adding to positions at current levels.
“It’s just the whipping boy of Wall Street right now” said Birinyi, who also said he is sitting out the “great rotation” into stocks.
Asked by Regan if Apple is not releasing enough new products, Birinyi replied simply, “Apparently not.”
Apple shares today are down $4.44, or 1%, at $412.40.
Is top holding still so your poitess worthless post is ?
His "Sale Force".cum is also slaughtered by Moses..
CRM still expensive debt pig.