Apple Inc (AAPL)

[matew23]

I do not agree.
The sell-off was more of a techniocal sell that has came because of macro-economical events, implaying china mainly. The stock lost his momentum, that bring it to approch the 120 support mark, then at the same time, broke the 200MA, this is one mark that every trader don't want to be brake, espacially by a stock like Apple. But, IMHO, this became an opportunity for investors, and not traders, to step-in. Real investors know the value of this company, and were waiting for macro-event to influence the price of the stock to the downside. Many have took large position between the 112-117$ and I think the float is pretty well handed from here.

Again, all in my humble opinion. Always money to be made with AAPL, on the downside or on the upside, but long-term holders are gonna be rewarded for sure.

MATT