by Travis Johnson, Stock Gumshoe | August 24, 2011 2:29 pm
This is premium content. To view this article (and to have full access to the rest of our articles), sign up. Already a member? Log in.
Source URL: https://www.stockgumshoe.com/2011/08/moving-up-the-food-chain/
Copyright ©2024 Stock Gumshoe unless otherwise noted.
No, I didn’t expect Apple to have huge news overnight — nor did I expect the stock to remain essentially unchanged on the news that Steve Jobs is officially stepping down as CEO (though he hasn’t been day-to-day CEO this year anyway). Still bought some, will still buy more if it drops enough, so I hope there’s some more overreaction to the news — Apple is, I realize belatedly, a value stock that continues to show great earnings growth, you don’t get that very often. Fingers crossed that the Jobs fans sell en masse and drive the shares down 10% or more so I can buy more, I do have limit buy orders in so I could pick up additional shares at any time.