Incredible....another article from a brainless author concerning an analyst and his Apple rating.  Wait....this is from 2010.  Read carefully!!!

An ‘I told you so’ moment for early Apple bear

 

Has Apple analyst Edward Zabitsky finally been proven right?

By Quentin Fottrell

In 2010, when Apple stock was trading at $199, Edward Zabitsky, CEO of ACI Research in Toronto, was the only analyst on Wall Street to rate the stock a “sell.” Over the next two years, shares went on a tear, peaking at just over $705 and making Apple the world’s largest company as measured by stock-market value. Today, shares have fallen by more than a third from that high. Through it all, Zabitsky has stuck to his bearish call; and while he has since been joined by a couple other pros who have sell ratings on the stock, including Adnaan Ahmad at Berenberg Bank and Per Lindberg at ABG Sundal Collier, Zabitsky retains the distinction, and in some circles the notoriety, of having gotten there first.


COMMENTS:  How could this be an "I told you so" moment?  "Proven right???"  I realize too well that aapl stock has performed very poorly since Sept. of 2012.  Nevertheless, the price of the stock as of the end of 03/28/2013, is 442.66.  Is 442.66 still a higher number than 199.00????  (OH, I should have known, "analysts" math is JUST different).

I thought the other analyst giving aapl a $710 price target was bad enough.  Here, this analyst is being lauded and applauded for rating aapl a sell at $199 back in 2010, even though the stock price today is 442.66.  Unbelievable... :-))