Krsnake

AAPL - Too big too much (even for Apple)

Short
Krsnake Updated   
NASDAQ:AAPL   Apple Inc
You can never get this big and expect to stay the biggest fish forever. Not even if you're one of the gratest company in the world. AAPL is worth 3 trillion $ the company is definitely overvalued.

Yesterday the earnings came out and they were good after a streak of missings, but could this mean that actually is losing some steam? I don't know. I just believe that the recent products are not this innovative anymore. Even for the ALMIGHTY 3499$ Eye band they're trying to sell...
Trade closed: target reached:
I think that a +10% in decline is more than enough. Let's look for another opportunity. I believe though there's still room for a decline till the 165$ zone. Not going to risk it though :)
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