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AAPL- Mass Market Manipulation

Much Ado

Much Ado

macrumors 68000
Original poster
Sep 7, 2006
1,532
1
UK
So the stock drops from $170 down to $153, and then up to $164 in minutes. About to drop again. One great big smash-n-grab raid that made some f***ing crook very rich very fast.

Anyone here a stockholder? Ever seen anything like this?

Watch and weep: http://finance.google.com/finance?q=AAPL

Don't even try and guess where this one is going to end up...
 
Wtf

Much Ado said:
So the stock drops from $170 down to $153, and then up to $164 in minutes. About to drop again. One great big smash-n-grab raid that made some f***ing crook very rich very fast.

Anyone here a stockholder? Ever seen anything like this?

Watch and weep: http://finance.google.com/finance?q=AAPL

Don't even try and guess where this one is going to end up...
Click to expand...

Yeah, I'm a stockholder. What the heck is going on? There doesn't seem to be any particular indicator as to it's volatility today. Very intriguing.
 
scttwtkns said:
Yeah, I'm a stockholder. What the heck is going on? There doesn't seem to be any particular indicator as to it's volatility today. Very intriguing.
Click to expand...

recent developments in the hacking of the iphone and ipod touch perhaps and how apple will respond?
 
Whoa whoa- this isn't to do with any news. This is a bear raid, make no mistake.

The big players cannot be allowed to do this.
 
From Wikipedia: (Bear raid) Traders could take on large short positions themselves, with the large volume of selling causing the price to fall, making the strategy self perpetuating.

And as for what we can do about it- absolutely nothing. If you've got a lot of money, the rest comes for free. Money makes money, and it's disgusting :mad:
 
wow, if you bought thatstock in the beginning the profit would be enormous now.
 
I see a big spike in trading right around the middle of the day which accompanied the selloff. Possibly some of the institutional investors were taking profits. AAPL is a very volatile stock as a rule, and it is trading more on emotion and technical issues than fundamentals at the moment.
 
IJ Reilly said:
I see a big spike in trading right around the middle of the day which accompanied the selloff. Possibly some of the institutional investors were taking profits. AAPL is a very volatile stock as a rule, and it is trading more on emotion and technical issues than fundamentals at the moment.
Click to expand...


That also makes AAPL a good profitmaker for traders.
 
It couldn't possibly have anything to with 2 class action lawsuits being filed in 1 day... 1 in State court, the other in Federal... :rolleyes:
 
Yes, I am a stockholder also. Todays trading range was incredible. I was unable to see todays trading action, but I would of loved to see the action on my ameritrade level2. My timeframe is long term here. Often during times like this the pros, seem to 'shake the tree', sometimes the small time investor will run. I intend to hold aapl long term. Go over to the investor page on apple.com, check out the pdf's showing the total cpu sales (growth etc... ). the sales are booming. I wish other shareholders the best of luck!!
 
pjarvi said:
It couldn't possibly have anything to with 2 class action lawsuits being filed in 1 day... 1 in State court, the other in Federal... :rolleyes:
Click to expand...

Unlikely. These cases come and go all the time. Even when the cases aren't dismissed quickly, they generally drag on for years. Investors don't care about them unless/until a court awards large settlements to plaintiffs, and often not even then.

Just another wild day on Wall Street. There doesn't have to be a reason.
 
it's the stock market...only economists should be ananlysing it...it's a game of cat and mouse, blind mans bluff and of shear luck that causes only headaches to all but the most eccentric hobbyist

even if you have shares, just let it do what it may:p
 
I guess you never watched google or broadcom before the internet bubble burst.

Also, your quote sources may or may not be accurate. I've seen some crazy things with the online services. When the market is heavy, even some of the firms can't keep up.
 
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU like Mac OS X; en) AppleWebKit/420.1 (KHTML, like Gecko) Version/3.0 Mobile/3A109a Safari/419.3)

Long term stockholder of AAPL. The changes that were happening yesterday were extremely odd. Apple has served me well in the past 4 years so I don't expect myself pulling out anytime soon.
 
The entire tech sector was slammed on Thursday. So far today AAPL has made up what it lost yesterday. Considering that AAPL has nearly doubled so far this year, I can't consider complaining when it doesn't go up every day.
 
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