Is $130.00 a share really over priced?
By nature I am a risk taker; sometimes I do good and sometimes I do bad.
So, I am considering buy stock in Apple. My logic is; Jerry York, Steve Jobs and other say it will hit $145. Plus, this coming Tuesday there will be a big announcement on the new iMac. Rumor is these are very impressive. Also, you still have residual impact of the iPhone on the market place.
I set my limit price at $130.00; time to let it ride.
John…what are you doing?
This is a great strategy. Buy high sell low. Didn’t you use the same idea with Palm??? The stock is overpriced and has only one way to go….down. I’ll be saying “I told you so” in about 6 months.
OK, so far I am making money.
It should hit 140 within a week or 2.
Then unload.