watch and learn
GROWTH IS OVER - - valuaions in single digits
Apple has almost never missed under Steve, 50 is a given. Samsung Android taking market share fast and it's not going to get better anytime soon unless they drop the price of I-phone
you have in a way a greater credit bubble now, housing stocks are in a huge bubble as well, on day drop will be -20-25% + watch and learn
Stoc will see mid 30's, but acman is still a billioner, his investors now lost a ton, he only lost his reputation like david ainhorn, stoxk market is like a casino - the longer you play in it the the greater your chances of total net loss
trend is down and fast
if it stayes anywhere above yesterdays price - easy short ? no one buys companies tha are in a dive mode with no profit insight. they buy them wiyhout a prior announcement/s. This will drift slowly below 5 then 2, only there someone may get interested in buying it. my target 2-0 lomg term - decade with no profit, give me a break
The money-losing music service has put itself on the block.
Would you like to buy a streaming music service? It has annual revenues of about $1 billion or so, and about 250 million registered users. Unfortunately, this company also happens to be losing about $10 million monthly, and there’s no sign of when the red ink is likely to stop.
all they have to do is wait a few quarters, the price will get to $2 or less possibly even lower.
so this will deflate to 40-50 level where it should be for now. and no one can stop it.