The Apple Bubble Is Ready To Burst
Apple is a great company with wonderful products, but its run is up. It seems to me that innovation is beginning to run dry, and the stock price is overinflated. The stock has begun to fall already dropping from its $426 high. If the economy does not pick up and the company does not cushion its freefall, we could see new lows into 2012 — maybe $85. Whatever the case, I see a rocky future and a new bubble about to burst. My recommendation: Sell
That’s right, in just one short year Apple will shed almost $400/share of it’s market value because of no other reason than the fact that this pompous ass thinks so. SELL SELL!!! Leonid Kanopka commands you to sell!