Many people thought I was joking after Apple introduced the iPhone when I said, aloud but not in print, that shorting Apple's stock for 60 days would be a smart risk. But how could a hampered phone on a less-than-optimal network -- no matter how beautiful -- possibly live up to the hype? (I didn't predict the profit taking that dipped the stock mid-August, but it makes sense,.)
Here's the stock picture. And a story, titled "Apple iPhone: 60 days old, 33% off."