Perkins also thinks that since Wall Street has been relatively bearish on the stock, the slightest bit of good news could boost the company's shares. There doesn't seem to be huge expectations for Apple, ... So any moderate surprise to the upside should have a powerful effect on the stock.
More Quotes from Wendell Perkins:
In spite of clear budgetary constraints, there hasn't been any attempt to reign in defense spending.Wendell Perkins
What we really like about the European companies is their ability to expand east.
Wendell Perkins
We had a great deal of exposure to China last year but we've been reducing it mainly due to value not being there at the moment.
Wendell Perkins
It would suggest to me that they are not experiencing any meaningful improvement in their sales figure. They just can't seem to strike a message that consumers respond to. This is an attempt to bring in fresh thinking to help John turn the company back in the right direction.
Wendell Perkins
This company has made a huge change over the years from basically a bankrupt company to a very successful one.
Wendell Perkins
When you have stocks that are doubling in value in a few weeks when there's no significant change in fundamentals, that's all you can hope for. It's not worth hanging onto any longer.
Wendell Perkins
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