Time to pick the apple

It is time to benefit from the irrational short selling of the apple stock over the last months. Despite market sentiment (check out the fundamentals) it is a good investment for the next 2 years at the moment. Still it might be benefital to wait a few days to get stronger support from technical analysis.




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Comments: 3
  • #1

    Erik (Thursday, 11 April 2013 10:37)

    I agree, that it could be a good opportunity to take an Apple bite at the moment, cause it might not come as cheap as now in future for quite a while.

    However I do not agree that the short selling was so irrational due to stronger competition on the market.
    And I must say, that the last products Iphone 5 and the newest notebooks haven't convinced me taking the high pricing lvl into account.

  • #2

    Fabian (Thursday, 11 April 2013 14:10)

    Valid points, main reason is actually the decision of Apple what to do with the huge cash reserves over the next months. I believe that the more possible options will have a positive impact on the share price. Besides Apple TV offers some interesting further chances. As you pointed out it is just really a nice opportunity for a long term investment (2 years) at the moment.

  • #3

    Fabian (Tuesday, 16 April 2013 15:15)

    Still falling so we will wait for a few more weeks until we see first signs of upside momentum.