Wednesday, February 13, 2013

Bearish Apple

Looks like $700 in September was the peak. The new CEO is too dumb to understand a simple balance sheet arbitrage.


Nexuiz said...

I remember you were bearish in the past w/ Netflix. Does that sentiment still hold true and do you think nflx is a good short candidate going forward, especially after this recent rise/squeeze?

CP said...

I haven't looked at it recently.

I do think they missed the chance to secure content rights cheaply and now they have no moat.

CP said...

See also: