AAPL 4/14/2005
You may recall that I had a broker call me trying to sell me AAPL reverse convertible bonds. I politely declined. I just could not see AAPL continuing its climb that it has had over the last couple years. The broker even said that the retailers are expecting iPod to sell briskly through the summer. What? Was I born yesterday? If the retailers are expecting it, I am sure Wall Street is too. Nice try.
You could see this stock cracking from a mile away. Today, the stock trades below its 50 MA. Sure the stock may bounce up a little but I think the street is waiting for AAPL's next rabbit trick. I know I am...
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