AAPL is going to $500 or higher and really nothing is going to stop them. I've said in previous threads they are a screaming buy under $400.
I know it "looks" like a short, but they have the earnings, growth, and cash to back it up. They still don't trade at a huge premium and even after the run is a stock I'd rather own than something like NFLX at $140.
The demand for iPhone 5 is incredible...all the research, even freaking twitter is constantly blowing up about "wen duz da iphone 5 come out." Seriously, search iphone 5 at Twitter and see how much it's being discussed. It's insane.
I think the action today proves someone knows something we all don't know...yet.
|