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Bloomberg "Taking Stock" with Pimm Fox & Courtney Donohoe

24 January 2013

Gil Morales argues that Apple has reached the end of its life-cycle and that over the past year, there has been a steady exodus of mutual funds and other institutional investors out of the stock. He talks about the danger of trying to rationalize that the stock is cheap - it's the price/volume action which tells you everything you need to know.

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