Apple: Why I Was Wrong - The Company Is Just Too Cheap To Sell
by Matthew Dow
About a month ago, I wrote an article on Apple (AAPL) where I stated that it was time to sell an overweight position.
For those who didn't read my article, I explained how I first purchased Apple just over one year ago in November 2011, and I was considering reducing from an overweight position to equalweight after crossing the one-year mark. The reasons for this were quite simple -- I felt that at the height of Apple mania, the continued high expectations for the company were not sustainable long term, and at some point either the company would misstep or a competitor would pose a serious threat to its dominance. So following Warren Buffett's mantra of being "fearful when others are greedy," I thought that it was a prudent time to trim my holdings. read more »
Why are you receiving this? You subscribed to real-time article alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following AAPL: unsubscribe from all AAPL email alerts
This type of alert isn't helpful to me: unsubscribe from article alerts on AAPL
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
No comments:
Post a Comment