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Compiling comments that experts make about stocks while on public TV.

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2013-01-23

Opinion for Apple (AAPL-Q)

Signal Price Bias Subject Owned
SELL $514.005 DEFENSIVE GLOBAL LARGE No

Don’t confuse a good story with a good investment. Tripled over the last 3 years and the market expected this to continue. Really a product of a fund-filled story. As Apple moved higher on earnings, mutual funds came in behind and reweighted to the index which pushed it higher and higher on supply and demand. Unfortunately, expectations have come down and funds have caused more volume to go into the market and pushed the price down further and further.

Darren Sissons
Managing Director, Portfolio Management Corp

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