It's the Famous or rather infamous Michael Burry against Apple this time. He is betting that Apple prices will go down! Do you think he is right?
Being an Apple Fan and Investor, I hope he loses his Big Shirt, oops should I say Big Short! To him it is just a trade or a bet but to us as small retail investors it is not.
Apple's fundamentals are solid! It is profitable, lots of free cash flow, innovative and has excellent management team under Tim Cook! Apple certainly has a wide brand moat and ecosystem. Most importantly there is high demand for Apple Products and services. Even though it is facing production issues due to China's lockdown, this will soon be overcome.
So Michael Burry, you may not win your Big Short this time! Too bad, so sad! ππππππππππππ
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