This post was published on ZYX Buy Change Alert.
AAPL has just issued a news release that it will make judicious use of its cash in response to David Einhorn’s call to issue preferred stock. The stock is beginning to run. Only aggressive investors may consider initiating or adding to the short-term trading position in the zone of $460 to $465. This is separate from the long-term position. The stock is moving fast and the price may be different by the time you get this post.
As of this writing the stock is at $463.50
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