IWSY.Short.Attack

Who You Calling Brain-Dead, Bert?

What’s next for Apple’s (AAPL) stock price?

On January 28, 2014, Bert Dohmen of Dohmen Capital Research and I squared off on CNBC to answer that very question.

Let’s just say we heartily disagreed, which prompted Dohmen to question my intelligence.

It was a challenging appearance, as CNBC host, Kelly Evans, also tried to take me to task for suggesting Apple is going to make a major move into the mobile payments space.

Thankfully, I was armed with plenty of supporting evidence. Listen in to see if you agree with my conclusion. I stand by my conviction, here.

The real mudslinging hits around the five-minute mark.

For the record, Apple’s stock is up almost 55% since I labeled it a “no-brainer buying opportunity.” And I’m still waiting for an apology from Dohmen.

Comments:

  • John January 4, 2015

    Well played Lou. Seems you may have been right. Funny how that works. In June 2014 AAPL split 7-for-1, and has since climbed higher (though it has pulled back recently). On September 9th, 2014 Apple introduced Apple Pay which Apple says, “will change how you pay with breakthrough contactless payment technology and unique security features built right into the devices you have with you every day.”

    Each week I read about more and more companies announcing that they will accept Apple Pay. In fact Chevron announced that Apple Pay will be accepted at their gas pumps beginning next year (2015).

    Cheers,

    - John

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