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View Full Version : Why Apple Stock is Crashing: Analyst Bob Renck's Theory


pimentoLoaf
Jun 28, 2006, 10:41 AM
His theory as explained by Herb Greenberg (http://www.marketwatch.com/News/Story/Story.aspx?column=Herb+Greenberg&siteid=mktw&dist=) at MarketWatch.

Current Stock Price (http://pro.edgar-online.com/profile.aspx?ticker=aapl&Name=&searchKey=aapl&x=0&y=0) at EDGAR Pro.

aricher
Jun 28, 2006, 10:54 AM
The plummet has astounded quite a few people. Having bought in at a little over 12 and cashed out in the 70s It doesn't bother me a bit. I think I'll be picking some up before the inevitable holiday season spike.

iGary
Jun 28, 2006, 10:56 AM
Apple's just kind of stale right now - No summer iPods products, no real major changes to product lines (drastic) and people waiting out the transition to buy. I think we could see this coming. Fall should be good.

Evangelion
Jun 28, 2006, 11:39 AM
It's going down, sure. But "crashing"? Hardly. I just checked Dell's shareprice, and they seem to be on an even steeper downwards-curve. So while Apple is falling, it's not like it's the only one.

Bubbasteve
Jun 28, 2006, 11:45 AM
So long story short.....I should buy Apple Stock now

aricher
Jun 28, 2006, 11:47 AM
So long story short.....I should buy Apple Stock now

I'd wait it out just a bit longer - you'll see it dip down a bit more before rebounding... I think. Nice 'tar by the way

Bubbasteve
Jun 28, 2006, 11:38 PM
I'd wait it out just a bit longer - you'll see it dip down a bit more before rebounding... I think. Nice 'tar by the way
Thanks for the tip & compliment :)

jhu
Jul 10, 2006, 10:09 PM
uh... the market overall has been going down. it's not just apple.