How low do you think it will go? What is the support level???Gabriel
is it time? i don't recall aapl being this oversold and hated since early '09. i don't remember aapl trading with this low of fundamental metrics ever (even when they were bleeding red in late 90s). the ttm p/e is barely 12, the fwd is 9 and ped is now under 0.5. adj for the 122b cash balance sheet those are 10, 7 and 0.3 something, respectively. i think what is stranger is aapl is now significantly lower than the sp500 which is outperforming consistently 3-7x on e/r growth.
Here comes the left shoulder....
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