Quote:
Originally Posted by porkupan
But claiming that the reason why AAPL stock is still "at the heights" of $450/share and not in some dumpster (where it perhaps belongs) is that Apple has been busy propping it up via some quiet stock repurchases doesn't go beyond my definition of badmouthing.
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I read "maintain" in
SeaKings post. That goes both ways in my book. Not to prevent it from falling is one way, so not to appear weak. Not to let it go unrealistically high again is the other positive effect. Even if one does not like Apple, it is still a smart way of removing hype out of the question.
If you prevent going unrealistically high prevents a deep fall afterwards.