Eating Some Humble (Apple) Pie And Hedging Our Position
by Parsimony Investment Research
Like most Apple Inc. (AAPL) investors, we have been waiting (and waiting and waiting) for a positive dividend announcement from the company. Meanwhile, the losses in our position have been piling up. The stock is down almost 40% from its peak and it is certainly in need of a major catalyst to get it back on track. While we definitely think that a dividend hike is imminent (and it will likely send shares much higher), trying to anticipate the moves of Apple's management team seems to be a losing proposition. read more »
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