Tuesday, April 24, 2012

AAPL Nails the Bears

Traders never learn.  You can't fade AAPL.  They are serial sandbaggers and they ALWAYS crush their estimates.  You could see this coming from a mile away.  You had the worry warts selling down the stock based on channel checks and AT&T and Verizon numbers.  But they forgot to check the channels overseas!   Traders are underinvested here.  This AAPL beat will get the fund managers scrambling for stocks in the near term. 

1 comment:

Anonymous said...

Don't know about that comment. Bears managed 10% lower past 3 weeks. I'd say that was a victory. Anyone going short into earnings after a 10% correction doesn't know anythigng about trading.