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Has Dan Loeb Quietly Checked Out Of The Apple Hedge Fund Hotel?
Back in the start of March, before the vertical ascent part of the parabolic move in Apple stock truly took off, we first pointed out that out of nowhere, Dan Loeb, long well-known for being quite persuasive in getting his hedge fund friends to piggyback on his ideas, had made the iPad maker his Top 5th position as of the end of February, despite not owning one share two months prior. Well as of the end of March, per the firm's just released update of its top positions, Apple is no longer in the Top 5, even as it was his 2nd best performer of the month on March 15. Has Loeb, acutely aware of such things as blow off tops and manias, merely trimmed his position, or has he cut his exposure entirely? As a reminder, this wont be the first time Loeb "rented in" and out of the AAPL hedge fund hotel, having done so most recently in Q2 of 2011. And if Third Point is gone, are Loeb's idea dinner buddies out as well?
Before - as of February 29 (source):
And after - as of March 31:
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Loeb out, you in.
Somebody has to be first...."sell in May and go away" (we're getting close).
but... but... it's going to $1001! Binary bitchez!
Yahoo is doing quite well...
Can ZH tell us the identity of any hedge funds actually shorting AAPL?
Just look at Q1 worst performing funds.
Someone yell "Fire" now.
Check the PUTS bitchez. Always check the puts.
http://finance.yahoo.com/q/op?s=AAPL
And to think, all of those "Apple hipster boomers" just holding AAPL until it reaches $10,001 as a means to finance their retirement.
Don't fear the reaper.
Well, at least he replaced them with Ally, that paragon of financial virtue.
I actually think Apple is going to disappoint this quarter.
It's officially in a bubble, btw...everyone calling for a 1 tril cap = bubblicious
Anyone able to shed some light on why Loeb went overwheight on Eksportfinans, right after it's rating was cut by Moody's to Ba1 from Aa3, and after the Norwegian government’s decision not to grant Eksportfinans permission to sidestep European Union capital requirements which restricted concentrations of large loans?
Also why is his holding denominated in “Samurai bonds”?
Wow TD, thanks for posting that Loeb may or may not have owned apple for a couple of months or may have reduced their position, or you know, we don't really know cuz we don't have the information so let's just insinuate and speculate, brilliant!!
Geez, put down the shovel.