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Positive news day after day and the stock is $36 LOWER than LAST December's high.
What happens when they run out of things to say and the negatives start reappearing?
Jobs health?
strong dollar?
poor economy?
iphone sales built into the price?
lower lows and lower highs almost every day...and week, and month...and why you are at it, take a look at the year.
2008 will NOT be the year for apple, too much of this years news was priced in late year--it'll be back next year, but if you hold LEAPS like me, you'll probably be wiped out by then on time decay.
The shorts all over yahoo are looking realll intelligent right now. They've called the direction of this stock (both the drops and the bounces) to a T.
See eveyone at 110!!
Apple is stuck in the TECH crud... which is being sold off due to hedge funds covering their losses. Many were betting oil was going to $200 and gold to $1000. They also got burnt on other commodities as well. I'm happy they are crashing and burning -even I'm taking losses. With these idiots out of the markets maybe things can get back to normal.... but I know better. They will change their names and drive on as Greedy PIGS!
Apple will soar again as commodities tumble putting more money back in pockets of all.
HH
Also, look what they did to the retail investor who bought oil and $140 because it was going to $200 and going up 2-3% every day!!
America is a pile of crooks, from urban streets, to Wall Steet, to Pennsylvania Ave.