Jul 14 2010

Hedge Funds Hoping for an Apple ‘Slingshot’?

Are hedge funds cheering Consumer Reports’ somewhat damning review of Apple’s iPhone 4? That’s the suggestion by Jason Schwarz, who writes on Seeking Alpha that the funds are awaiting what he calls an “Apple slingshot”. Shares of Apple slid more than 4 percent on Tuesday after a poor review for its iPhone 4 from Consumer [...]

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