Expert: Apple's tanking stock has nothing to do with fundamentals, it's all about positioning

Traders Joe Terranova, Jim Lebenthal, Steve Weiss and Jon Najarian are joined by Kevin O'Leary, chairman of O'Shares ETFs, and Lori Calvasina, head of U.S. equity strategy with RBC Capital Markets, to discuss if there is more downside ahead for Apple after it tanked following last week's earnings report.