[alphaspiraton]

Entered apple at 500. Exited today at 545.

[portofmanteau]

(03-01-2012 05:58 PM)alphaspiraton Wrote:  

Entered apple at 500. Exited today at 545.

Weird timing to sell. What was your reasoning? The price looks superficially high, but their P/E is hovering at around 15, they're sitting on 100 billion in cash, and they're on track to double revenue again this year. I'd agree that without the introduction of another consumer category (integrated TV) that pace is unsustainable beyond 2013-2014, but that's exactly what they're set to do this year.