If Steve dies, expect like a 20% dive at least in AAPL stock. He's brought the company back from the brink of bankruptcy to being one of the most exciting tech companies in the world today. I don't know how much influence he has in their product designs but I think it's substantial. He's very important to Apple.
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Fake Rumors of Steve Jobs Heart Attack Circulate
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Some people believe he's not a human being like the rest of us and doesn't have any feelings, I mean imagine reading someone writing that you are dead on the internet and some people feel he should be releasing his medical reports for them to see.
I completely agree.. Some people are sick idiots who has no shame and no understanding of private life..
The people who make these kinds of rumors are probably gaining something from it by trading Apple stocks or something..
http://www.thestandard.com/news/200...stigating-false-steve-jobs-heart-attack-rumor
SEC is investigating
arn
SEC is investigating
arn
I'd feel better about it if the SEC wasn't entirely worthless. When was the last time you heard of the SEC actually following through when it comes to someone/some hedgefund for spreading false rumors?
It'll just be a small slap on their wrist, followed by a wink and a handshake for helping all the Shorters.
Corrupt markets FTL.
It'll just be a small slap on their wrist, followed by a wink and a handshake for helping all the Shorters.
Corrupt markets FTL.
honestly, wtf kinda lame argument is that? Because so many people are interested in his health it means that he should be forced release PRIVATE (even the government says its private) information? Thats not right.
All in the name of money though right?
That is bull, I mean it's the man's private life for friggin sake, why should anybody be privy to his private life and health, the world is screwed up right now, actually putting blame on someone for spreading a rumour about him having a heart attack.
I think in Apple's place I would send hourly health bulletins to all the news agencies, until they and the whole world get completely bored with it. Tell them what Steve Jobs ate for breakfast, dinner, supper, everything. Put a few denials in every day like "this morning 10:53am, Steve Jobs did not have a fall and break a leg. Three hours later, no heart attack".
Wouldn't surprise me if it drops more than 20%. Just imagine if he DID have a medical emergency.
these people have no life
They have about the same amount of life as the people on this site that have been posting and wishing for a new Mac Mini for over a year now. The whole Apple thing is really getting pathetic these days. I used to love this site back when I could come here for tech questions etc.
The whole Steve Jobs Apple thing is so played out these days.. the hype is over! God forbid that something does ever happen to the guy but as we all know life will go on with or without him it happens.
"The stock would plummet 25 percent if Jobs, who is considered the heart of Apple's product design and marketing efforts, were to leave for any reason, said Gene Munster of Piper Jaffray & Co. in Minneapolis. That would erase about $21 billion from Apple's market value. "
http://www.bloomberg.com/apps/news?pid=20601087&sid=a0NPvJx.wJoo&refer=home
If I was a majority stake shareholder in Apple, I would literally sue that website ... or at least, I'd try to; and inconvenience them as much as possible; making them think twice before posting knowingly false information.
Well said, couldn't have put it better.honestly, wtf kinda lame argument is that? Because so many people are interested in his health it means that he should be forced release PRIVATE (even the government says its private) information? Thats not right.
All in the name of money though right?
Well unless you've been under a rock for the last two weeks, you would know it wasn't someone trying to "short sell" Apple stock.
The SEC put a ban on short selling a few weeks ago due to the current financial condition in the market.
Apple stock has been sliding down with the rest of the market over the past few weeks, so this should have had very little, if any, impact to the long term investor. Those who had stop orders "may' have been impacted, but the stocks final closing price was below the initial impacted price after a mid day rise, so I doubt the SEC will do anything about it.
It was most likely just some retard trying to be funny.
The SEC put a ban on short selling a few weeks ago due to the current financial condition in the market.
Apple stock has been sliding down with the rest of the market over the past few weeks, so this should have had very little, if any, impact to the long term investor. Those who had stop orders "may' have been impacted, but the stocks final closing price was below the initial impacted price after a mid day rise, so I doubt the SEC will do anything about it.
It was most likely just some retard trying to be funny.
honestly, wtf kinda lame argument is that? Because so many people are interested in his health it means that he should be forced release PRIVATE (even the government says its private) information? Thats not right.
All in the name of money though right?
Yes, all in the name of money. There's something else at stake?
Public corporations are required to disclose issues which are material to the value of investor's equity. The health of a CEO is in the grey area of what the a public corporation must disclose, but it is not simply a private matter of no legitimate interest to the public. If you want to live a completely private life, stay out of politics, and don't run a public corporation. That's the deal. Apple would not be subject to this sort of crass manipulation is Steve was just a little more forthcoming, not just about his health, but about whether Apple has any plans in place for how the company would be run if he was suddenly incapacitated.
Only on financial stocks.
This is getting out of hand and it sickens me to the stomach. How dare a low life joke about someone's health whether it was to lower the stock or not. This is a disgrace to humanity.
I couldn't agree with you more.....they will do ANYTHING at TV stations these days for some rating...Journalism is a serious matter, not for MORONS out there with a computer and a web cam. Verbal diarrhea is what you get, instead of reliable news...
Whoever did this is SICK, beyond insanity and should be locked up.
I just bought a bunch of Apple too. I considered it a "half-price sale". I think we'll be ok in a few days.
Like another poster said, the SEC ban was only for financial stocks, not for AAPL. So shorts still have influence and vested interest in AAPL. Especially in this market.
If you're a true Long, then yes, this wouldn't have affected you, as you're sitting on the sidelines not sweating over every dip and spike.
But for the average, small-time investor, a 5-10% *daily* drop over a period of days can have a profound effect, especially when the bottoms are tested and fall below $100. Volatility is one thing, but taking advantage of it with false information to profit is another.
I doubt the SEC will do anything about it, but that's not because of the closing price, but because of the incompetency of the SEC.