Here's Why Apple's Stock is Dropping

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

  1. info

    info iPad Junkie

    Joined:
    Mar 2, 2011
    Messages:
    957
    Thanks Received:
    5
    Trophy Points:
    0
    Location:
    Bay Area
    Ratings:
    +5 / 0
  2. thewitt

    thewitt iPad Ninja

    Joined:
    Jun 5, 2011
    Messages:
    1,634
    Thanks Received:
    72
    Trophy Points:
    48
    Ratings:
    +79 / 0
    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

    info iPad Junkie

    Joined:
    Mar 2, 2011
    Messages:
    957
    Thanks Received:
    5
    Trophy Points:
    0
    Location:
    Bay Area
    Ratings:
    +5 / 0
    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

    thewitt iPad Ninja

    Joined:
    Jun 5, 2011
    Messages:
    1,634
    Thanks Received:
    72
    Trophy Points:
    48
    Ratings:
    +79 / 0
    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

    Irish Rose iPad Fan

    Joined:
    Nov 23, 2010
    Messages:
    235
    Thanks Received:
    1
    Trophy Points:
    0
    Ratings:
    +1 / 0
    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

    SweetPoison iPad Legend

    Joined:
    Jun 20, 2010
    Messages:
    14,913
    Thanks Received:
    132
    Trophy Points:
    0
    Location:
    Sacramento, California
    Ratings:
    +134 / 0
    I'm an Apple Fangirl.:D
     
  7. info

    info iPad Junkie

    Joined:
    Mar 2, 2011
    Messages:
    957
    Thanks Received:
    5
    Trophy Points:
    0
    Location:
    Bay Area
    Ratings:
    +5 / 0
    lol
     
  8. Irish Rose

    Irish Rose iPad Fan

    Joined:
    Nov 23, 2010
    Messages:
    235
    Thanks Received:
    1
    Trophy Points:
    0
    Ratings:
    +1 / 0
    I knew that! :p
     
  9. info

    info iPad Junkie

    Joined:
    Mar 2, 2011
    Messages:
    957
    Thanks Received:
    5
    Trophy Points:
    0
    Location:
    Bay Area
    Ratings:
    +5 / 0
    I appreciate your input.
     
  10. info

    info iPad Junkie

    Joined:
    Mar 2, 2011
    Messages:
    957
    Thanks Received:
    5
    Trophy Points:
    0
    Location:
    Bay Area
    Ratings:
    +5 / 0
    Like the man said it's an opinion Rose, I personally am hoping that it turns around.
     
  11. Mountainbikermark

    Mountainbikermark iPad Addict

    Joined:
    Mar 10, 2011
    Messages:
    1,393
    Thanks Received:
    6
    Trophy Points:
    0
    Location:
    Colonial Heights,Va
    Ratings:
    +6 / 0
    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.

    Support Our Troops!!!
    This post was Tapatalk approved
    Sent from my Galaxy 10.1 via Swype, SlideIt or Ultra Keyboard
     
  12. info

    info iPad Junkie

    Joined:
    Mar 2, 2011
    Messages:
    957
    Thanks Received:
    5
    Trophy Points:
    0
    Location:
    Bay Area
    Ratings:
    +5 / 0
    Appreciate your input Mark.
     
  13. thewitt

    thewitt iPad Ninja

    Joined:
    Jun 5, 2011
    Messages:
    1,634
    Thanks Received:
    72
    Trophy Points:
    48
    Ratings:
    +79 / 0
    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

    info iPad Junkie

    Joined:
    Mar 2, 2011
    Messages:
    957
    Thanks Received:
    5
    Trophy Points:
    0
    Location:
    Bay Area
    Ratings:
    +5 / 0
    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

    Mountainbikermark iPad Addict

    Joined:
    Mar 10, 2011
    Messages:
    1,393
    Thanks Received:
    6
    Trophy Points:
    0
    Location:
    Colonial Heights,Va
    Ratings:
    +6 / 0
    I'm a fanboy of a bigger 401k so I hope they get it straightened out soon : D

    Support Our Troops!!!
    This post was Tapatalk approved
    Sent from my Galaxy 10.1 via Swype, SlideIt or Ultra Keyboard
     

Share This Page