Will Apple (AAPL) pass $200 on Monday?

What are your predictions?

Best Answer

CG answered a question in Technology.
307 points

CG answered one year ago …

Why Monday? It isn't due to release earnings as far as I can tell.

I doubt it'll pass $200 in the next few years, if ever again. Great short, IMO, along with GOOG (which I've been short for a few weeks now). I'd cover either on rallies to breakout levels (over $205 in the case of AAPL), since even though they'd only be even more overvalued at those levels I'm not foolish enough to fight a wave of buying at new highs.

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