InvestorsHub Logo
Followers 448
Posts 7031
Boards Moderated 1
Alias Born 08/09/2009

Re: cifikea post# 16585

Friday, 12/14/2012 12:40:24 AM

Friday, December 14, 2012 12:40:24 AM

Post# of 37779
It's time to "back up the truck" on Apple $AAPL , says Oracle Investment's Laurence Balter, who's reiterating a Strong Buy and $670 PT. Balter notes Apple money flows are down $1.56B over the last 30 days, something he considers a sign of retail capitulation, and believes block trade activity indicates heavy institutional buying. He ignited a firestorm in August by downgrading Apple to Hold (shares then traded at $659), but has made multiple upgrades since.
Join InvestorsHub

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.