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Here's Why Apple's Stock is Dropping

Discussion in 'Off-Topic' started by info, Jun 20, 2011.

  1. info
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    info iPad Junkie

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  2. thewitt
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    thewitt iPad Ninja

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    This is one analysts opinion. They are just like you and me. They have opinions and their speculation is wrong as often as yours and mine is wrong...

    -t
  3. info
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    info iPad Junkie

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    Yes, just an opinion. With all the "good" news about Apple, I'm just searching for the reasons why the chart is heading south, not posting it as a revelation or anything. :)
  4. thewitt
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    thewitt iPad Ninja

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    I've been trading stock for 30 years. These guys never really know, and no one can predict. Those who can don't tell... They just get rich

    Remember the only ones who always make money are the brokers and the analysts - and it's not by making smart trades...

    -t
  5. Irish Rose
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    Sorry, but I'm just not buying this and it's not that I'm a fangirl either, because I happen to like Android as well.
  6. SweetPoison
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    I'm an Apple Fangirl.:D
  7. info
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    lol
  8. Irish Rose
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    I knew that! :p
  9. info
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    I appreciate your input.
  10. info
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    Like the man said it's an opinion Rose, I personally am hoping that it turns around.
  11. Mountainbikermark
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    The market hates uncertainty. Though the Apple brand is solid with what looks like a bright future , there are still questions as to the vision of Apple without Steve Jobs. There seems to be no concrete plan B after Jobs. While I believe Apple will do just fine without him( they are running the company without him in the forefront now) the markets hate uncertainty.
    I believe once his replacement is announced the stock will rise considerably.
    Just like arm pits, we all have opinions and mine may end up stinking.

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  12. info
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    Appreciate your input Mark.
  13. thewitt
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    With the recent sales volumes it's just as likely related to profit taking... I recently sold 100 shares that I bought several years ago... Maybe that did it :)

    -t
  14. info
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    Thats it! It must have been those last 100 shares that broke the camel's back. ;) It's a distinct pattern with Apple (and others), after an event, no matter how good or bad the news... the managers sell. I'm a bit surprised to see it continue this long though, especially after the dramatic initiatives that the company is taking. There may also be some doubt that they can pull it off smoothly or that they are trying to do a bit too much.
    Last edited: Jun 20, 2011
  15. Mountainbikermark
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    I'm a fanboy of a bigger 401k so I hope they get it straightened out soon : D

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  16. Mountainbikermark
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    Mountainbikermark iPad Addict

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    Too much of a good thing is a bad thing. The fact that Jobs is bowing out due to health and the major changes following, the analysts are probably crapping their pants.
    the folks on Wall Street will find oil prices going up a great thing one morning then panic about it in the same day.


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