Quote:
Originally Posted by fjtorres
Exactly.
The whole point is nobody *knows* a darn thing.
Its all guesses and innuendo and justifying.
Maybe Apple went off a cliff or maybe they're soaring; either way, massive amounts of money are moving in the stock market based solely on guesses and suppositions. Planted guesses.
And nobody sees anything odd that there's two camps feeding "news" to the market: one to drive the stock down and one to prop it up. To me, that is the real news. Though not much of it.
|
If it were just stock manipulation, then why hasn't Apple come out publicly to counter any misinformation? The information has been brewing for a couple of days already. And not a peep out of Apple so far. Depending on the media outlet, they've cut first quarter orders of iP5 screens by anywhere from 24 to 50%.
An Apple press release could go a long way toward settling their stock price, as well as their customers, if they countered the information. And contrary to some reports, there is no SEC prohibition on companies commenting about such information.
--Pat