I'm long on WYNN. Looking at AAPL lately and want to sell WYNN for AAPL.
AAPL is the buy of the century! Nothing changed, just the sentiments....
I am now even more serious about selling my WYNN shares on the next gap up and adding AAPL to my port.
I buy them when nobody wants them!
Yeah? What's AAPL doing to give you confidence it can replace the dominance it had in the iPhone for 6 years and the iPod for 6 years before that?
Everyone and his hamster can make an iPad killer.
Steve Jobs didn't die. He quit while he was ahead.
AAPL was all sentiment. And competitive advantage. People are sensing the competitive advantage is gone, and noticing some tacky attempts to bolster profits. The new guy is no Steve Jobs.
at one point it was under-priced, but its future has changed for worse. The kids no longer think its "so Cool".... Thats a major problem. Steve took this Company with him. now what are they going to do with the huge pile of cash they are sitting on?