Reminder for Apple Investors | Market Matador ™

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August 14th

Reminder for Apple Investors

posted in Apple (AAPL) |

At these current levels we’re buyers of Apple (AAPL) stock. The stock is trading below $126 per share and the market continues to panic sell the stock. Apple stock hit a 52 week high of about $148 per share, at which point it was understandable to see some profit taking, but the stock has continued to sell off. Buying here should significantly reduce downside risk.

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Disclosure: Long Apple Inc. (AAPL)

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This entry was posted on Tuesday, August 14th, 2007 at 12:53 pm and is filed under Apple (AAPL). You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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Disclaimer:
MarketMatador.com contains its own opinions, and none of the information contained herein constitutes a recommendation by MarketMatador.com that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You further understand that MarketMatador.com will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. To the extent any of the information contained at MarketMatador.com may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. Disclosure: Long Apple Inc. (AAPL)

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