InvestorsHub Logo
Followers 45
Posts 1637
Boards Moderated 1
Alias Born 10/13/2009

Re: None

Thursday, 03/15/2012 1:24:11 PM

Thursday, March 15, 2012 1:24:11 PM

Post# of 784
Apple Stalls At $600, Hype Builds To Epic Level


Apple Inc. (NASDAQ:AAPL) opened higher today, hitting $600.01. No sooner did it tag the master $600 level, AAPL pulled back. The stock has jumped almost 50% since the start of the year. This has added 250 billion in market cap, making AAPL the biggest public company in the world. While analysts and the media continue to upgrade the stock to $700 price targets, this Chief Market Strategist can smell a skunk a mile away. While Apple is a great company, the hype has reached a euphoric level. I expect a 10% pull back in the next month minimally. ...Continue reading here: http://bit.ly/AdLbAX

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.