I came home, ate lunch and looked up when I wrote those Apple articles:
- April 12, 2012: Apple's Valuation Is Good, But Are The Assumptions Correct?
- March 27, 2012: Apple, Is The Bandwagon Full? Consider Finisar
So, I guess the good news for us longs is so many in the public get sucked into the hot stocks at the top just before they crash and it keeps them timid....
Right now we have the latest "hot stocks" that replaced Apple in the public's list of "must own stocks": FB, TWTR, Tesla, etc..... all having issues while the smart money owns the good stocks and collect dividends to spend and/or reinvest.
BTW, since I wrote the last article recommending Finisar at $17.50 over Apple at $633
- Finisar is up 49% to $26.10
- Apple is down 6% to $592
Apple vs Finisar April 12, 2012 through today