Early Weekend Update!

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    Posted: 22 April 2011 12:01 AM

    All things considered, feeling pretty positive about AAPL until the rebalancing the week after next. 

    Apple is almost insanely cheap.  The hedgies/shorts tried very hard to make AAPL free fall (really, they have since October), but their efforts keep failing while AAPL continues to gain strength and popularity.  Yes, there was a kinda Black Swan event or two and a torrent of FUD, but AAPL hung in there, and Tim Cook decisively blew up the supply chain rumor.  Not to mention every investor who leaves home on a regular basis sees iPhones (typically the 4) friggin’ _everywhere_ (I know I sure do). 

    How will the struggle play out next week?

    News update:  Surprise surprise.  Samsung countersued Apple.  A whole bunch of more nothing playing out over months and months, with legal fees paid off the rounding errors from the interest on Apple’s cash hoard.

    [ Edited: 22 April 2011 12:14 AM by Mav ]

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 22 April 2011 12:39 AM #1

    Actually, it’s usually just plain “Weekend Update”, but the trading holiday changed things.  I can’t blame you, I haven’t followed SNL in some time either. wink

    Your thoughts on AAPL trading next week?

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.