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Wall Street is busy feeding Apple to the muppets again. At this point, feeding Apple stock is long over, so now it is time to put out some Apple bonds. And make no mistake, Apple stock investors have been highly encouraged to know that muppets are eagerly snapping up Apple bonds.
Apple AAPL stock had a low of $392.50 on April 24, 2013. Tuesday, the stock closed at $442.78, a move of 12.7% in six days. The rally has been ferocious, as shown on the chart.
Nary a thought seemed to be given by those buying Apple 30-year bonds to the possibility that Apple’s cash cow, the iPhone, may not even exist 30 years from now.… Please click here or the title below to read more.