Quote:
Originally Posted by PatNY
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?
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.
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
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Day 1 of what? The stock has been going down since October.
If that chart isn't clear, look here:
http://www.businessinsider.com/chart...ormance-2013-1.
Maybe it's been going down because of the reaction to the new size of the iPhone; maybe it's been going down because of the amazing Apple maps. The reason why the latest values are important is that the stock went below $500, which is a psychological importance.
Rumors of Apple's downfall have been constant over the past few years, and the only reason why these look more important than the previous ones is because they coincided with the stock drop below an important psychological value.