08/21/2009 05:12 am ET | Updated May 25, 2011

Apple Earnings: Still the Greatest Sandbaggers on Earth?

Minyan Kraig emails his bewilderment over: “a rising S&P in response to news that ‘(companies) are only mostly dead; not all dead”. Later he continues: “So I’m waiting... And waiting... To be proven right. I keep calm by telling myself that very few featured over the last year made out huge on the CDS market especially if they had to sit on those holdings for a year or more while they waited to be proven right. Hopefully I won’t have to wait too much longer for those firms to blow-up; quite frankly I don’t think I can.” To paraphrase ...

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