View Single Post
Old 11-15-2012, 07:22 PM  
Socks
Confirmed User
 
Industry Role:
Join Date: May 2002
Location: Toronto
Posts: 8,475
Quote:
Originally Posted by mce View Post
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?
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.
Socks is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote