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Managing Your Positions in Apple (Know how to scale)

Posted By Barry Ritholtz On November 26, 2012 @ 3:30 pm In Investing,Technology,Video | Comments Disabled

As I note, Apple is a really good company that is reasonably priced, but sometimes you have to take something off the table.

I first recommended Apple over a decade ago when it was $15 with $13 in cash (Pre-Split — its actually 7.50/6.50). End of October was the first time I told clients to sell some — notably a third of the position at about $625.

Before you fanbois go crazy, I was pushing Apple back when you newbies were lil kiddies. See eg, Popular or Best? [1] from the ATPM 4.01 January 1998

Source: Yahoo [2]


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[1] Popular or Best?: http://www.atpm.com/4.01/page10.shtml

[2] Yahoo: http://finance.yahoo.com/blogs/daily-ticker/apple-could-fall-below-500-share-barry-ritholtz-135257198.html

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