Wait for Apple to Rest before You Buy

Thursday, January 18, 2007
By Faisal Laljee

Apple’s earnings were simply incredible. But this is a classic case of buy the rumour, sell the news. I believe the stock is weak in the short-term as I have mentioned before, but remains a long-term buy. However, you can probably get in at a better price point in the coming weeks.

– Faisal Laljee
Full Disclosure: I do not own any shares of AAPL at this time but my position might change anytime without notice.

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