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Post by Deleted on Dec 5, 2013 8:48:48 GMT -5
Seems like a clear path to $600 plus now...............
Obviously these rumors have been swirling around forever and many think the news is already baked in, but don't you believe it.
Institutional investors, Hedge Funds, Mutual Fund Mgr's etc.... are scrambling to bring their positions up to even and overweight the stock in their portfolios.
The sell side guys are all raising their price targets as well.
The $75 plus point recent run up may only be the halfway point on AAPL and I see the negative sentiment and catalysts diminishing rapidly, if even for a short period.
JMHO..............
-KSA
Email from Seeking Alpha:
Apple, China Mobile sign iPhone deal: WSJ • 10:26 PM
Apple (AAPL) and China Mobile (CHL) have finally inked an iPhone deal, WSJ reports.
APPL will now have access to the carrier's 700M subscribers — that's "seven times the size" of Verizon's base, MarketWatch notes.
Rollout is expected this month.
See also: Chinese 4G licenses handed out, services to start soon
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