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There is always a certain amount of rollercoasting going on around Apple earning calls, with stock going up during build-up and then dropping after the call. M
by toyg 1y ago
There is always a certain amount of rollercoasting going on around Apple earning calls, with stock going up during build-up and then dropping after the call.
My reasoning is that a lot of traders are simply afraid of losing a potential "wow" moment, so they stockpile just in case and then unload once they are sure that it's nothing special - simply to avoid their bosses going "why did you miss the boat on Apple?!?!" if the price skyrockets.