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Apple Inc. - as an ex- CROXholder, my heart goes out to AAPL investors - AAPL - InvestorVillage
I know that many of you are hurting beyond words right now.
It's hard not to do it - but NEVER fall in love with a stock.
The downside may not be over yet, we could see lows close to 65, IMO.
The one thing that matters, is that AAPL should be able to recover eventually - unlike CROX, lol.
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AAPL and CROX aren't even on the same planet.
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Except that they both lost half their value in a very short period of time.
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Howerver, using 52-week peak for comparison, CROX has lost more than 95% (75 -->
2.6) while AAPL has lostslightly more than half(203 -->
97). Short-term wise, it is hard to see AAPL can go lower than today -- downtrend halted by a strong hammer, also with P/E <
20, it is no longer expensive (not cheap yet).
It may eventually go lowever next year, but should be higher during next few weeks.
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Yes - it may go higher over the next few weeks, but if it breaks 125 I'll eat my Crocs.
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