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.
It 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.
> 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"?
Comments
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.
It 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 [2]: http://bgr.com/2012/11/19/apples-stock-analysis-insanely-und...
> 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"?
What 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?