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MAR 04, 2013 - Business Insider

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JEFF GUNDLACH: Apple's Plunge Has Singlehandedly Debunked The Efficient Markets Hypothesis (AAPL)

Earlier we noted that with Apple shares falling below $425, it was another feather in the cap for investing god Jeff Gundlach, who predicted last year that Apple would hit this level in 2013. We asked Gundlach, via email, whether he had any additional thoughts on Apple's remarkable decline. His short reply: AAPL over the last six months offers a textbook case study in market behavior and effectively debunks efficient market theories.   The weakness is all the more remarkable because it has occurred within the context of a strong overall US stock market.  SPX up 5% since ... Read More

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