January 15, 2013

Apple Below 500

Filed under: News — admin @ 11:47 am

It finally happened! Apple sank below 500/share, as I predicted a while back on this blog. I’m not thrilled with it, being a long-term stockholder.

Short term, I think the stock will linger, but there’s too much value for it to go too low too long. Apple is a jittery stock, but the company proves itself again and again. My guess is that after some good quarters and some innovative product introductions, the stock will come roaring back.

Key word: innovative. We’ll see.

Link

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.


Powered by WordPress