Monday, January 4, 2016

AAPL: Purchase @ $104.93

Common Cents purchased shares of AAPL at $104.93.  AAPL's share price has steadily declined on fears of decreased iPhone sales growth.  While the concerns appear justified, Common Cents feels that the decline in AAPL's stock price is excessive and that the concerns are likely short-term in nature.  Going forward, Common Cents will look to sell the recently purchased shares at a minimum of $115.

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