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.
Comments
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...