Thursday, February 7, 2008

Apple still sour?

OK, there are some folks (like Howard Lindzon) who like Apple at these levels. More so, when it plunged to 117 early today. But with more and more negative news rolling out almost every day, I can't imagine Apple at a bottom just yet. I am afraid to get any position in my favorite company's stock. Where's the catalyst? The street has pummeled AAPL as badly as they've abused RIMM. Merciless. I'll stay out.

>> Apple Component Orders Down (AAPL)

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