“I’m often asked at what point should someone short high-flying Apple (AAPL) shares? My response is simple: When the company starts closing stores and pulling back from retail, then the tide has turned,” John C. Dvorak writes for MarketWatch.
“The first Apple store opened in 2001, and 10 years later it has 368, with more to come,” Dvorak writes. “They have proven to be a bonanza.”
“So how much more can Apple grow the retail business?” Dvorak asks. “I see no reason why Apple cannot have 1,000 stores that would all be successful… So right now, the sky is the limit. I wouldn’t be betting against Apple anytime soon.”
Full article — with some bloated gasbaggery about Apple buying Staples, too — here.
> I’m often asked at what point should someone short high-flying Apple (AAPL) shares?
Who would “often” ask Dvorak for financial advice?
The same people who think splitting AAPL allows them a cheaper buy-in point.
Other idiot writers who need someone to provide a dopey quote when Rob Enderle isn’t available.
If you stick an infinite number of Dvoraks in front of an infinite number of typewriters, eventually he will get something right.
that way dooms day will be much sooner
He just signed Apple’s death certificate. Everything this man advises, I do the opposite. I have made huge sums of money by going against this twit. I will be selling all of my Apple stock tomorrow. The man is almost biblical in terms of how many times he can be wrong. I give Apple at the most 6 months. Thanks Dvorak for putting the Dvorakian curse on my favorite company.
lol
Normally used to seeing quite intellligent remarks on here – but this was just idiotic.
Y’all tain’t from ’round these here parts, are ya?
He must have been reading Gizmodo by mistake!
Couldn’t agree more with you.
I am selling tomorrow also !
Nice to see John back on his medication, for the most part, albeit I would. It wizz on him even if he was on fire.
‘I wouldn’t be betting against Apple anytime soon’
Much as he would like to.
Yikes! Dvorack is not betting against apple? That actually has me worried about apple’s future. 😉
Even Dvorak, who ain’t too bright, got this one right. The crap that some so-called “analysts” are publishing makes you wonder whether anybody cares at all about the truth or falsity of what is published. Apparently not. As long as the headline draws page hits, “it’s all good.” NOT.
What, no pithy “Dvorak must be on his meds” comments? You’re slipping MDN.
” I wouldn’t be betting against Apple anytime soon.”
He always has, the lying pile of poo.
Right on! You named it man…
Come on MDN, you must have a Dvorak quote from his past where he pronounced Apple dead for opening stores!!!
Dvorak has trashed Apple many times in the past. But it has probably been a few months – long enough for a “pundit” to flip-flop with very little scrutiny from the world at large.
But we remembers…doesn’t we Precious? We remembers the nasty Dvorak trolling for hits by sowing Apple FUD. Don’t forget, don’t forgive. Dvorak is and always will be a tool. And he will turn on you whenever he sees an opportunity to turn a buck.
“high-flying AAPL shares”?
Apple is flying high (and has been for years) but the shares are undervalued. The P/E ratio is low, comparable with a low-growth stalwart, but Apple’s future earnings are likely going to be stratospheric.
Dvorak is still as confused as ever.
Most of the big growth is over. The time to get in was a long time ago. I bought my 1st shares at less than $10/share (pre-split) and accumulated through about $300-320. Sold almost all at $402 or so a share earlier this year.
If you wish to keep your Apple stock, fine. There are better investments out there.
Not trolling, just being honest.
Guess you haven’t been traveling in China recently?
None
like what?
Which investments sport? rimm? 😉
“most of the big growth is over.” – I guess you haven’t seen Apple’s quarterly reports lately. I think I remember people saying that at $100, $200, $300 and now $400.
In 2001 it was pre split (@ $90) and could be had for less than $10/share ($5 split adjusted) and has since run to over $400. I doubt you will ever find another such sustained growth over so much time again.
Apple is a sound investment, just not one with explosive price per share growth. If the price drops back, I ‘ll accumulate. Right now I am investing in dividend paying companies a few fast growing techs and an ETF that excludes the US (on the cheap right now).
All politics aside, I’m kind of pessimistic about the US going forward. I don’t see any sign that the US will be getting it’s fiscal house in order AND investing wisely in it’s future
Hey the guy was right at least one other time.
When he claimed apple was going x86 all I heard was a bunch of people calling him an idiot and yet he nailed that one.
Hopefully the stars aligned and he is right just one more time with this piece.
Dvorak is a piece of shit. He has been lying about Apple for years, and now he sucks up to it like a whore. He is actually worse than Nancy Pelosi.
I agree with you to a point, but “worse than Nancy Pelosi” is being a little harsh 😉
He’s still a douche bag. He’s a terrible writer and is nothing but an opinionated fool. He may be spot on with this comment but it’s only because he can’t find anything negative to say about Apple at this moment.
Ahhh. So this is what happens when he’s finally able to make a decent bowel movement. A moment of clarity happens. Then the vicious cycle starts all over again. As his blockage starts to build up we can expect his normal Apple Hating Ludicrous articles to turn up with regularity. 😉
Found this YouTube clip of this moron admitting he makes stories up, just to get blog hits. The twat!
Forgot the clip! lol
Dvorak: “Water is wet.”
No that would be his butt cheeks. With all that lard butt skin rubbing itself it’s bound to develop some moisture and foam. lol! Yuck!
My, how things change over time…this is the same Dvorak who used to make his living ridiculing Apple for such things as adopting the 3 1/2″ floppy in the first gen Mac, in the days when everyone else was using a 5 1/4″ drives. He went on to refer to the Mac as a “toy”, ridiculed Jobs and Wozniak often, and gleefully wrote Apple off as dead on a regular basis.
The fact that he sees a bright future for Apple now, makes me want to dump my stock…quick.
Dvorak…Dvorak…hey, wasn’t there a keyboard by that name? As I recall, it didn’t catch on either…