5% underperfomance by juniper seems a bit much. Only news was downgrade by UBS.
Tuesday, June 1, 2010
Bank stocks cheap?
This article makes a case bank stocks might be cheap...i do not agree...will expand on this later.
http://dealbook.blogs.nytimes.com/2010/06/01/do-hedge-funds-have-it-right-on-bank-shares/
http://dealbook.blogs.nytimes.com/2010/06/01/do-hedge-funds-have-it-right-on-bank-shares/
$AAPL cheap?
Apple is up this morning while futures are down 1%...everyone upgrading them due to good overseas Ipad demand...looked at it with intent to short it...but I was surprised it actually is NOT expensive. Assuming a conservative $15 per share x 15 = $225...and it has $25 in cash...currently trading at $258, so definitly not in bubble territory....do NOT short it.
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