People, no less than renowned hedgie David Einhorn, have been complaining that Apple (NASDAQ: AAPL) is an underperforming stock, and needs to unlock value, which leaves me scratching my head thinking, “underperforming? What world are we living in?” Do we only look through a four month window?
Apple (NASDAQ: AAPL) has fallen nearly 17% off its highs, and suddenly the normally chipper cheerleader of Apple, Jim Cramer, has started spouting off warnings. Are these the tremors of a volcano pre-eruption, or a false alarm as Apple’s mountain of cash continues to grow? Let's take a look at what Cramer had to say, and evaluate whether or not he has a point.
1) He starts off more »
I’m not exactly sure why people drive for hours to get to a casino. To me it represents a concerted, motivated effort for people to give away their hard earned money to commercial syndicates. And as casinos sprout up just across state lines in Pennsylvania, and slot parlors in New York, gamblers in New Jersey seem to be asking themselves the same question.
All New Jersey’s casinos are more »