Aug. 24 at 2:49 PM
$APP Wall Street rarely moves a stock exactly where the crowd expects. If the masses are waiting for
$290, chances are it won't hit that mark. If retail piles in at
$310, expect short-term pain. But that's just noise. The long-term play comes down to execution: if they prove their algorithms work perfectly and deliver a strong Q3, we can say goodbye to
$300 and this ridiculous P/E ratio. If they fail, it drops under
$200. I'm placing my bet on the CEO and the company.
