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samharristicket t1_j1rq14m wrote

Reply to comment by 4troglodyte in $AAPL fell below the 1 Week support trendline. Is it time to look at longer-dated puts? by Linkedkin

It went down to like $50 in 2020.

I don't think WSB fully appreciates how hilariously overvalued $AAPL is.

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4troglodyte t1_j1rvcau wrote

I respect all opinions…having said that, yes, $53.20 was the low I believe for 2020 and it tore up a lot of road from there even after the 27% takedown in 2022. I would argue that supply chain constraints and Foxconn debacle are impacting AAPL today, but I don’t invest for today. Since I can’t see around the corner I have chosen to keep AAPL at the core (it was too easy) of my portfolio over GOOG META TSLA SNAP. If the stock dips to your threshold I will add. What is fair value to you looking at their Balance Sheet? Thanks

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