Friday, December 22, 2006

How much I love Apple

Here's a dirty secret, contrary to popular belief I actually love Apple, their products and management. Having stated that, I don't personally use any of their products because they're not exactly right for me but I love the company so much that I own tons of Apple stock.

Here's a tip if you have a few bucks in a brokerage account and you're feeling brave. AAPL is tanking this month, great time to buy - down 10% in two weeks for no good reason. Check out what Cramer has to say about hedge fund managers manipulating stock for their own benefit to understand what's going on. Look at their last 2 quarters, last 2 years and look forward to Macworld and the upcoming quarter end.

So let's say we invested $9906 US today for 120 shares at $82.55. Let's see what happens in the next month or couple of months.

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