Quote:
Originally Posted by mce
AAPL looks like its running out of investors to buy into the momentum. Also, many hedge funds are unloading. It's still fundamentally a great stock but way over valued.... Anyone shorting this bad boy?
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Apple has lost just over 25% of its value since its peak in September just 2 months ago. Which means it's lost about $126 billion in value.
That loss is bigger than the entire net worth (market cap) of BP, Toyota, Vodafona, Ambev, Verizon, GSK, Visa, Pepsi, Citi, Amazon, Intel, Bank of America, etc.