Calling out Leonid Kanopka
Just as David Goldstein made the classically abrasive and epically wrong claim Apple would crash and burn in retail, I caught this article by Leonid Kanopka (on my iPhone) when it first came out:
http://seekingalpha.com/article/310800-the-apple-bubble-is-ready-to-burst
It’s true enough everyone is entitled to their opinion, but I think it’s important to point out when they’re so overly confident because they believe failure is a *certainty*:
If the economy does not pick up and the company does not cushion its freefall, we could see new lows into 2012 — maybe $85. Whatever the case, I see a rocky future and a new bubble about to burst. My recommendation: Sell.
Since Apple just reported some stratospheric earnings today, you’re going to be a difficult person to put any stock in, Leonid. But thanks for the giggles.
