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Thursday, January 17, 2013 12:00:15 PM
company has tons of cash, but from trading standpoint and common sense standpoint, this thing went parabolic pretty quickly as people FLOCKED into the name for safe haven. How many institutions own this thing around the world??? VERY CROWDED trade thus I could see it going down to $400-$450, under $400 would be surprising.
lot of support at $400, but it could fall to $400 just as fast as it rose to $500 from $400--yikes
dividend should keep AAPL pretty stable though
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