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‘Smack-intosh’???

 

 

[NASDAQ:AAPL]

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WSS Community’s Balanced Approach portfolio
 
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Reason for the pick   Update (Oct 14th, 2008):  Elsewhere, Survivors snapped up shares of Apple as the stock dipped below the $90 mark for the first time this year. Unlike the other most commonly purchased shares last week, Apple was not on the most commonly sold list as well. Survivors apparently view Apple’s stock as a good long term buy since there was a lot of buying but not much selling on Apple’s late week rally. Apple shares last week broke through their 52 week low when shares hit a low of $85.80.

Back in July 2008, Survivor James LT predicted that AAPL would fall to $100-$125 in 6-12 months ..and it came true faster than he expected. And, now he thinks that stock will soon bounce back, however, robertkelly believes that AAPL has hit its hay day.

Join the AAPL debate Now!!!!!

Community’s Balanced Approach Portfolio is a index of most traded stocks on Wall Street Survivor. And, depending on whether the buying interest is higher than selling interest, “BUY” direction is picked or vice versa.

 
Pick Status   Open
 
Pick Date   30/09/2008
 
Price when picked   $ 108.38
 
Pick close date   N/A
 
Performance   +0.30%
 
Target closing price    
 
Position   BUY
 

Performance data for Open stock picks is calculated weekly (Monday) based on the opening price on the date the stock was recommended or the start of the selected period, to the closing price on the Friday ( or last trading day previous to Monday).

Performance data for Closed stock picks is calculated weekly (Monday) based on the opening price on the date the stock was recommended or the start of the selected period, to the closing price as picked by portfolio manager or closing price as on the Friday at Market Close ( or last trading day previous to Monday).

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