Train wreck said:
Train wreck said:
Yea apple is definatly in a bubble right now, the fundamentles of the company (even being the best in the world) cant justifiy the price. I would use any product news announcements to sell out shares. The first real test will come on Wednesday with the Ipad 3 on display, the stock will initally go up, but then have a reversal. I would allocate out of apple and into microsoft. windows 8 cycle, new windows server 8, arm based tablets, continued xbox strength, the stock will continue to go up this year.
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Ohh I hate being right, definately a key reversal today.
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I just sold all my apple stock a few minutes ago. It wasn't doing too horribly prior to my sale (I made a virtual 100$ profit over a 2500$ investment). I am expecting it to dip a bit though. iPad 3 may be the top of the curve.