Is it time to short Apple?
I posted something seven years ago suggesting the share price of Apple was a little ambitious.
At the time, Apple stock was trading at about fifty bucks. (post split $ )
Get out, I said!
You can make money shorting this, I said.
Apple closed over two hundred bucks today.
Sorry.
I sincerely hope nobody took my advice on that one.
However, I get a few right too. I recall pestering folks to buy oil futures back when it was twenty-five bucks a barrel. Then it went to what, $140 or something ridiculous?
Those few and far between people who listened to me made a killing. Unfortunately, I didn’t.
I was in bankruptcy at the time. And I was too stupid to realize that you could have your left hand in bankruptcy and your right hand making a killing.
My dear Tante Hilde used to have a little plaque in her kitchen; “We get too soon old and too late smart.”
When I was thirty I knew that was true.
Now I can feel it and taste it.
Source: http://theviewfromfallingdowns.blogspot.com/2019/05/is-it-time-to-short-apple.html
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