F$ck (aapl down)

Discussion in 'Apple, Inc and Tech Industry' started by MBX, Jan 7, 2008.

  1. MBX macrumors 65816

    Joined:
    Sep 14, 2006
    #1
    i can't believe it. aapl down to 174 and continuing to drop because of the poor market performance. it took so long to get to 200 and now it's 30 points down within 1 week.
     
  2. MisterMe macrumors G4

    MisterMe

    Joined:
    Jul 17, 2002
    Location:
    USA
    #2
    It's called the Stock Market. There are reasons that prices go up. There are reasons that prices go down However, prices may fluctuate for no reason. Is Apple doing something differently now that it was doing when its price was monotonically rising? I don't think so. If this is the case, then Apple's stock price drop is probably a fluctuation.
     
  3. MovieCutter macrumors 68040

    MovieCutter

    Joined:
    May 3, 2005
    Location:
    Washington, DC
    #3
    Glad I sold some of my shares at $200 to fund my MWSF purchase (bought at $23 :D :D :D)
     
  4. MBX thread starter macrumors 65816

    Joined:
    Sep 14, 2006
    #4
    lucky you, how many did you buy?
     
  5. MBX thread starter macrumors 65816

    Joined:
    Sep 14, 2006
    #5
    is there any end in sight with the stocks plummeting to hell?

    no matter what apple does now if the entire market is in free fall it's being pulled down too.

    it's back into the 150ies again, sigh. it will take forever to get back to 200 if at all.
     
  6. clevin macrumors G3

    clevin

    Joined:
    Aug 6, 2006
    #6
    listen to some market news, sounds like a recession to me. forget about $200, google is almost dropping below $600 now.
     
  7. aristobrat macrumors G4

    Joined:
    Oct 14, 2005
    #7
    AAPL tanked after last years MWSF too, didn't it?
     

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  8. gkarris macrumors 604

    gkarris

    Joined:
    Dec 31, 2004
    Location:
    "No escape from Reality..."
    #8
    A lot of these tech stocks are way overvalued.

    Especially with the way the economy is still going. The fact that some companies are doing "great" is only because they are continuing to lay off US workers and hire overseas. I met a guy at a seminar who still works for the company I was laid-off from and he said that his staff was just cut. The company callls it "Resource Management"...

    Since Apple is really a premium computer, analysts look at it as the sales of Apple computers will probably go way down...

    At least the Air is resonably priced. Sony is still trying to push their $2500-$3000 price tags...
     
  9. MBX thread starter macrumors 65816

    Joined:
    Sep 14, 2006

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