I am re-shorting AAPL

Quote from john33:

Anyone heard about the Marvell tablet in the works? Supposedly it will cost around $99, but not sure how feasible that is considering the parts alone for the Ipad may cost over $200, and it looks to be very similar. Should be good competition for the Ipad. http://www.geeky-gadgets.com/marvell-moby-tablet-could-cost-just-100-22-03-2010/
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For $99 you couldn't go wrong, would be interesting to see how long or if it ever does actually make it to the market.
 
Quote from RCG Trader:

Does this look like a stock to short??

Seriously?
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considering how easy money has been on the long side for last 2 months on almost everything
 
Quote from NoDoji:

I've posted a similar cautionary tale a while back, attached.
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Hmm, I 've learned that there is no price that is too high.
Learned it the hard way. This is a tuition fee every trader has to pay at some point :)
 
Quote from RCG Trader:

Does this look like a stock to short??

Seriously?
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The AAPL chart looks similar to the the BIDU chart.
And over there he was crying buy! buy! buy! all along.
 
I see AAPL hitting $265 before there is a reasonable chance for an extended pullback, and even then it is probably one of the highest risk trades you can take. Why do it? A successful trader finds high probability opportunities to make money, shorting AAPL is the opposite of that.
 
to the OP
You been short from early 230's and now its over 245 a $15 move against you but you still havent covered. Dont come back and tell us you covered back at 240 or 235 or any other number cause a whole crowd is following you now--time for another alias or something LOL

And your initial target is 212!!! :D :D way to go!!

Since you are at it why not short NFLX--surely that doesnt support the multiple and its not at least as good as AAPL
 
Quote from retaildaytrader:

Let me re-iterate for all of you who missed this post. The Apple stock is about to fall through that trap door. Dont be the last one off the boat. The time is now to sell your shares and go short.
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