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Originally Posted by Sil_liS
The jittery ones would have sold anyway. And selling at a loss means that they bought the stock less than a year ago. For any stock that they had for longer than a year, they would still sell at a profit, even today.
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What do you mean the jittery ones would have sold anyway? If Apple had come out right away on day 1 and said that the information was incorrect, then the jittery ones might have held on.
Regarding folks who bought less than a year ago, you think it's OK then that they may have taken a loss due to potential stock manipulation? How does the date of purchase make a stock loss due to stock manipulation any more or less acceptable?
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Right, because any statement that ends with something along the lines of "can't give you the numbers until next week" will really keep the jittery ones relaxed.
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Again, this isn't about the earnings report. AFAIK, they won't be putting in numbers for display orders in that report next week either. So it's not about telling then to wait next week for further numbers.
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Besides, from this graph it looks like the market was overexcited about the iPhone 5, and now it's back on the previous track:
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That chart is too small to read clearly. I can't make out what it's really saying. Unless it relates directly to first quarter orders for the iPhone 5 specifically, I'm not sure how it is very relevant to the rumors in question.
--Pat