I am re-shorting AAPL

Quote from HolyGrail:

Short it all the way to 300. I'm really rooting for you. Sell all of your assets if you need to do so. Eventually you "may" be right It's worth the risk. LMAO.

if you are taking to me, I am just joking.
 
Quote from BartS:

And he stayed in the position prior to earnings???

Brilliant!!!!!
since he's saying nothing, I think he sneaked out of his position with giant loss - again
 
I don't want to swat at a hornets nest here, as most people on this thread seem to dislike RTD, but think of it this way.

Look at Jeff Greene, John Paulson, and others who shorted sub-prime, betting against the all mighty real estate market, and made out with billions.

NO ONE expected RE to fail, not even the once great Lehman, and Bear Sterns.

A lot of money can be made betting against the market, but it should be done with strong rationale behind it.

Because a stock went "Too far too fast" IMO, doesn't quite cut it, for a good enough reason to short something, but if his decision was based more off fundamental facts, then I can see that.

KON
 
Quote from konviction:



Because a stock went "Too far too fast" IMO, doesn't quite cut it, for a good enough reason to short something, but if his decision was based more off fundamental facts, then I can see that.

KON

Which part of AAPL's fundamental look weak to you?
 
Quote from turkeyneck:

Which part of AAPL's fundamental look weak to you?

I'm not saying aapl is weak fundamentally. What I'm saying is that if you're going to short a strong trend, it should be based off fundamental reasons why that trend cant be sustained .
 
HIS COULD BE AN ISLAND REVERSAL. A TEXT BOOK CHANGE ON THE TECHNICALS. BE CARE FUL WITH AAPL CLOSING NEAR ITS LOW. NO OTHER BIG PRODUCT ANNOUNCEMENTS. THIS COULD FALL FAST.
DISCLAIMER--I LOVE APPLE AND EVERYTHING ABOUT THE COMPANY BUT THIS IS WALL STREET.
 
Quote from riddler:

HIS COULD BE AN ISLAND REVERSAL. A TEXT BOOK CHANGE ON THE TECHNICALS. BE CARE FUL WITH AAPL CLOSING NEAR ITS LOW. NO OTHER BIG PRODUCT ANNOUNCEMENTS. THIS COULD FALL FAST.
DISCLAIMER--I LOVE APPLE AND EVERYTHING ABOUT THE COMPANY BUT THIS IS WALL STREET.

1. learn to press the caps lock key
2. you are wrong
 
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