Ken Heebner’s disposal of Apple shares during the last quarter made news today. Apparently, people think the news has to do with APPL’s sell-off today. Here is a CNBC clips:
And here is a Reuters story: http://www.reuters.com/article/idUSTRE6AB48B20101112
GuruFocus tracks the buys and sells of investment Gurus such as Ken Heebner. Here is his holding history to this one stock:
According to GuruFocus data, Heebner traded in and out of APPL several times during the past six years. His latest massive purchase into the stock is during the third quarter of 2009. Today, he is once again almost out of the stock. Of course, AAPL stock prices climbed from about $260 to about $300 since the end of 3Q10. It is hard to say that quick trades of Heebner actually paid off. He might be better off if he had bought and held the stock since 4Q2005, the last time he had a significant position in the stock.
I wonder what gauge he uses to make buy and sell decisions.
Check out his complete stock portfolio by clicking on Ken Heebner.
And here is a Reuters story: http://www.reuters.com/article/idUSTRE6AB48B20101112
GuruFocus tracks the buys and sells of investment Gurus such as Ken Heebner. Here is his holding history to this one stock:
According to GuruFocus data, Heebner traded in and out of APPL several times during the past six years. His latest massive purchase into the stock is during the third quarter of 2009. Today, he is once again almost out of the stock. Of course, AAPL stock prices climbed from about $260 to about $300 since the end of 3Q10. It is hard to say that quick trades of Heebner actually paid off. He might be better off if he had bought and held the stock since 4Q2005, the last time he had a significant position in the stock.
I wonder what gauge he uses to make buy and sell decisions.
Check out his complete stock portfolio by clicking on Ken Heebner.
