An Important Apple Question
Originally published at 11:55 AM EDT on September 18, 2015
I notice that the upcoming iPhone 6s is still available for pick up on launch day.
When was the last time a new Apple product wasn't sold out for the launch?
Position: Short AAPL (small)
Long Trade of the Week (Early Edition)
Originally published at 11:29 AM EDT on September 18, 2015
Here is next week's "Long Trade of the Week" in advance:
See my recent posting My Bank-Stock Strategy for an explanation as to why.
Position: Long BAC
Closing My Facebook Short
Originally published at 10:38 AM EDT on September 18, 2015
I later covered FB for a $6 profit, then re-shorted the stock at around $89-$90.
Well, I've taken off the Facebook short today at a $4 loss. Call it risk control.
Position: Long TWTR
At the time of publication, Kass and/or his funds were long BAC and TWTR and short AAPL, although holdings can change at any time.
Doug Kass is the president of Seabreeze Partners Management Inc. Under no circumstances does this information represent a recommendation to buy, sell or hold any security.