Thursday, 26 April 2007

A Short bite of the Apple!

I am sure by now you are aware that Apple-aapl has had a superb quarter going by the results they released yesterday. But for those who read between the lines; going forward their numbers will be short of the consensus. Namely, their estimates for the EPS will be short by 1c and the revenue will fall short by 0.35 Billion - so there may be a good opportunity for CFD traders who may like to play it shrewdly by biding their time and allowing the mug punters to buy into the stock first and when they think the stock is overbought they could start their foray by opening short positions on the stock.

apple stock chart

Again, I like to stress when trading CFDs it is extremely important to time your enteries as precisely as possible unless you have an unlimited amount of margin in your account.

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