Monday, September 29, 2008

Robert Hsu and AAPL

Original post date: August 17th 2008
Removed copyright information and reposted



I must say I love Apple. I love my Mac Book with its Mac OS X on it. I love the iPod and the iPhone.

When once upon a time I subscribed to Mr. Hsu's China Profit Strategy AAPL was trading at around $150 and Mr. Hsu was saying Buy AAPL under $150.

He continued to rise the buy below limit until January as follows:

September 20th 2007: Buy AAPL under $150.

September 27th 2007: Buy AAPL under $170.

October 18th 2007: Buy AAPL under $170.

October 25th 2007: Buy AAPL under its new limit of $190.

November 15th 2007: Buy AAPL under $190.

December 20th 2007: Buy AAPL under $190.

December 27th 2007: Buy AAPL when you can get it on dips under $190.

January 3rd 2008: Buy AAPL when you can get it on dips under $190.

January 10th 2008: AAPL is still a buy under $190.

January 17th 2008: Buy AAPL under $190.

And finally, when he thought the perfect timing has come:

January 24th 2008: I want you to sell [REMOVED]-- Apple (NASDAQ: AAPL) and [REMOVED]

For those who bought around $190 this trade generated a 29% loss.



Once more, selling when Mr. Hsu said buy and buying on January 24th at $135 would have been the best thing to do.

1 comment:

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