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iPath S&P 500 VIX ST Futures ETN Message Board

  • wes_w_weber wes_w_weber Feb 12, 2013 10:32 AM Flag

    I can't believe Wall Street and Apple are now enemies.

    Would you have ever thought the darling largest Company in the World would be shunned by Wall Street. Watch who has more power. ;) Apple will lose this one. That is why I have shorted it AGAIN!

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    • You are about to see what Wall Street does to public companies who hoard cash and do not hand it out back to priveleged shareholders and leave the little guy holding the bag. As is the way of things!

      Another easy short on this one. I was a little nervous the first time I shorted from $542 to $440. This one is even easier.

      • 1 Reply to wes_w_weber
      • Never forget, Apple trades at a multiple of its value. It is technically only worth about $45 per share in real terms with a 0 multiple.

        It is a privelege no matter who you are to list on public markets through Wall Street. They are the gate keepers. Apple should go sub $430 - on a bad day you may even catch a $390 I am guessing. But who knows maybe some new news comes out and they sky rocket. For now I am short again.

 
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