April 17, 2012

APPLE AT $1,650 LOOKING LIKE A PIPE DREAM

I have been a mega bull on Apple (AAPL) ever since recommending a buy in the stock when it was $131. I rely heavily on rigorously analytical, probability-based algorithms.   I was writing about the high probability of Apple stock reaching $1,000 long before Apple began it’s manic run from below $400 earlier this year.

Lately, a race had developed between analysts to see who had the guts to increase their target on Apple to top the other guy’s target. I have previously written that I find this race troubling.  A reader may ask, “What is the difference between your $1,000 and other analysts’ $1,001 or $1,650?”… Please click here or the title below to read more.

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