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Gene Munster, the much loved analyst for Apple when its stock seemed to only go higher, says he now feels bullied. Apple's stock of course has gone from over $700 a share to $400 in a little over six months. Munster, the so called axe for Apple's stock for ten years, recently cut his price target to $688, down from $788, and down from $910. And I swear I heard him say Apple would be a $1,000 stock on TV at least a hundred times. Well, actually he said Apple would go to $1,000 by 2014. There's hope
his take on the book, The Number, saying before you even think about investing in the stock market you should read this book, and he's very much right. This is one of those times where all the hype around a books is true. And even though the book's popularity might have come ten years after the book was written. "The Number" is very detailed in its analysis of how companies feel like it's within their right to fill their pockets while emptying the pockets of its shareholders. The books goes into
In a fit of rage, Demi Moore says she's been buying stocks too, way before Mila Kunis. Not wanting to be out done by Ashton Kutcher's new girlfriend, who received a lot of attention this past week when she told CNBC she was buying stocks, Moore made clear she knows a thing or two about investing in stocks herself. "I don't know if Mila Kunis knows this or not, but I was married to Ashton Kutcher for over 7 years," Moore said between Red Bull gulps. And so, like, yeah, he gave me some stock tips too. So yeah,
fix "capital planning" issues found during the latest the stress test, Dimon doesn't seem to lose his confidence.
A short time ago, all across CNBC, Bloomberg and the Twitter streams of the financial experts, it was all about Apple's stock going up and up every single day - it was as if it just wouldn't go down. Now, it might just be the most hated stock in the entire market. And Apple is particularly disliked because the stock market has been up the past four or five weeks and Apple has done nothing but go down. The seemingly illogical turn in Apple's stock is compounded when you see Amazon's stock only shooting up higher while they still lacking
said Apple needs to have the cash and the flexibility to move on an acquisition in a turbulent market. "He's got Samsung and everyone nipping at his heels. And he risks running, rather than a sexy company, a commodities
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