February 14, 2013

WHY MOVING FROM APPLE TO FACEBOOK IS FOOLISH $AAPL $FB

Image representing Facebook as depicted in Cru...

Following billionaire hedge fund manager Leon Cooperman out of Apple and into Facebook is foolish, yet this is exactly what a number of investors wanted to do Wednesday.

It is said a picture is worth a thousand words. The charts of Apple AAPL  and Facebook FB  tell the story.

Please click here for Apple chart about Cooperman selling.

Please click here for Facebook chart about Cooperman buying.

Wednesday afternoon I started receiving a flood of emails asking two basic questions. Should we sell Apple? Should we buy Facebook? Most emails contained a link to one media outlet or another with headlines such as “Cooperman sold Apple,” or “Cooperman bought Facebook.”… Please click here or the title below to read more.

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