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>> APPLE Latest News

JAN 23, 2013 - Business Insider

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Jeff Gundlach Warns Apple Could Go As Low As $300

After Apple missed analyst earnings expectations this afternoon, bond god Jeff Gundlach, the CEO of DoubleLine Capital, joined the folks on CNBC's "Fast Money" to discuss his $425 price target on the stock.  He said the if the stock closes below $483 tomorrow, it could fall to $425 very quickly. "I think it's coming this year for sure," he said.  "That's an awfully long time window, I realize that.  The ways it's looking now, it should probably happen this quarter."  What's more is he said it could go to the $300 range. Gundlach has been shorting Apple since April ... Read More

Tags: Jeff Gundlach Warns Apple Could Go As Low As $300,  Apple Latest News