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Apple Lookin' Bearish (Notice I'm Not Saying Short- able)

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June 13, 2012 – Comments (1) | RELATED TICKERS: AAPL

There are plenty of reasons not to short Apple (AAPL) no matter how good the chart is.

Let's see:

- They are the biggest best company in the world

- They have a product with incredible demand despite a lagging world economy

- Cash flow is ridiculous and they can really cause a stir at any moment and without notice

- Because they are Apple

 

Now that I got that off my chest - let's talk about the AAPL chart:

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1 Comments – Post Your Own

#1) On June 14, 2012 at 8:25 PM, ikkyu2 (99.26) wrote:

They always look bearish halfway to earnings.  Lately they've been putting in a bunch of pretty monster beats, though.

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