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My opinion, Apple's stock is being manipulated by traders and hedge funds. Spread bad news about a company, buy the stock at a lower price, wait for the Quarter
by sinnerswing 14y ago
My opinion, Apple's stock is being manipulated by traders and hedge funds. Spread bad news about a company, buy the stock at a lower price, wait for the Quarterly earnings, watch the stock price sky rocket.
- jpdoctor 14y ago> Apple's stock is being manipulated by traders and hedge funds. AAPL has 20M shares traded daily, each at $500/sh for a total of $10B traded daily. When trading down for 2 weeks = 10 trading days, it's a total of $100B. So how exactly is the stock "being manipulated by traders and hedge funds"?
- sinnerswing 14y agoWhat is the point of your reply? "Spread bad news about a company, buy the stock at a lower price, wait for the Quarterly earnings, watch the stock price sky rocket." buy low, sell high. what is so difficult to understand?
- stock_toaster 14y agoIt does indeed seem curious. Look at the performance over time recenty[1], and I can't see why the stock is so volatile. And then you read things like this[2]. The only thing I can think of.. is that there is a block of investors that are selling off to avoid possible capital gains tax increases (fiscal cliff, etc) next year. I think this is also why Apple execs have been selling stock too. I think after the tax season is over, the stock is going to pop again. [1]: https://www.google.com/finance?q=aapl&sa=N&tab=fe https://www.google.com/finance?q=aapl&sa=N&tab=fe [2]: http://bgr.com/2012/11/19/apples-stock-analysis-insanely-undervalued/ http://bgr.com/2012/11/19/apples-stock-analysis-insanely-und...