Aug. 23 at 11:32 PM
$APP FUN WITH NUMBERS!!!!
Nevermind
$700 per share nor 600, let's focus on
$500 on July 1st.
To the present 306ish from 500 equates to a 38.8% slide in 7 weeks.
Aww, but to get BACK to
$500 requires a 63.4% return. SAME dollar move. Good luck with that.
Being recent, that 194 point difference is comprised of a fair amount of overhead supply. Robin Hood clowns, sitting with unbooked losses, just waiting to get out. Soothes their ego to NOT have a loss.
Some other clown suggests APP "cheap". He's seeing what he WANTS to see. I see a 15x price to sales ratio. Far more robust that quarterly EPS propaganda. Harder to slant. Cut that 15 by two thirds, and it's still lofty.
Yes Virginia, Indeed short. Comfortably.
