Sloan writes, “What can we retail investors learn from observing these gyrations? That no matter how hot a company seems to be and how limitless its future, some ancient verities of investing still apply.”
3 lessons for Apple shareholders:
• Thou shalt not run with the herd, lest ye be trampled
• Thou shalt not fall in love with a stock
• Thou shalt not believe in the infallibility of a CEO
Read more in the full article here.
MacDailyNews Take: In the words of a MacDailyNews reader’s recent email:
Hindsight is 20/20 and, oh woe is me and whatever shall I do, even after this recent, baseless beatdown, my AAPL shares are only 45-baggers now!
Cody Willard: Apple stock will hit $1,000 sometime in 2014 or 2015 – February 5, 2013
Why Apple stock is likely to stage a dramatic rally within the next 10 weeks – February 5, 2013
Barclays: Cash flow strength, reversal of accruals may help Apple stock – January 30, 2013
Carter Worth: Apple stock is an ‘epic bounce candidate’ – January 28, 2013