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I doubt it. This is typical for Apple's stock. There is always a run up before an announcement, and a drop immediately after. It's the old adage: buy on the ru
by mbreese 14y ago
I doubt it. This is typical for Apple's stock. There is always a run up before an announcement, and a drop immediately after.
It's the old adage: buy on the rumor, sell on the news. I wouldn't read too much into it. The only time I really pay attention to what the street thinks about Apple is when earnings are announced.
- coob 14y agoAAPL has dropped from 670 odd over the last few weeks. There is no pattern with announcements.
- mbreese 14y agoThere are only a few product announcements each year, so of course there isn't a correlation with the overall price fluctuations. However, you can be pretty sure what the price will do a couple of days before and the day of an announcement.