Help these poor guys protect their investment...

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calyxman

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Apr 17, 2005
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With all this banter about how Apple's stock is undervalued, why don't you macheads take a look at the following:

http://finance.yahoo.com/q/it?s=AAPL

Seems like insiders have been dumping the hell out of the their shares. Must be nice to be able to cash out a couple hundred thousand shares.

But that's ok, that's what most of you are for. You're supposed to buy their stock and believe the future of Apple is all nice and rosy. Just like you're told you're buying the greatest hardware and software when you pay those crazy prices for your powermacs/powerbooks.

I guess that's what "loyalty" is all about.
 

apple2991

macrumors 6502
May 20, 2004
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calyxman said:
But that's ok, that's what most of you are for. You're supposed to buy their stock and believe the future of Apple is all nice and rosy. Just like you're told you're buying the greatest hardware and software when you pay those crazy prices for your powermacs/powerbooks.
Yeah! When they forced me to buy a Mac, I was just seething with anger! When they forced me to not sell my Apple stock when it was at an all-time high, I was even more pissed. But neither of those compares to when Apple published all those reports showing that their future is set in stone--30 billion iPods sold by 2006! Woopy!

Most of those people had the same information about the market that the investment firms had. Notice how all the sales were reported and filed entirely legally? Notice how they're now published on Yahoo? It wasn't exactly a secret that anyone who had lots of Apple stock could make millions if they sold a couple months ago. That's what the stock market is for--if there weren't that opportunity, people wouldn't invest/the market wouldn't exist.

I guess that's what "loyalty" is all about.
I guess that's what "business" is all about.
 
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Sun Baked

macrumors G5
May 19, 2002
14,874
57
The insider's have been selling for a long time, their filing have far outnumbered the other required SEC filing.

They are smart to be dumping, they knew the stock was temporarily overvalued due to the buzz and rally running around the stock, and would eventually correct itself.

One of the reasons that overly hyped stocks are something you don't buy for the long-term -- since they always fall eventually, even if the financials continue to beat the market.
 
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calyxman

macrumors 6502a
Original poster
Apr 17, 2005
610
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apple2991 said:
Yeah! When they forced me to buy a Mac, I was just seething with anger! When they forced me to not sell my Apple stock when it was at an all-time high, I was even more pissed. But neither of those compares to when Apple published all those reports showing that their future is set in stone--30 billion iPods sold by 2006! Woopy!

Most of those people had the same information about the market that the investment firms had. Notice how all the sales were reported and filed entirely legally? Notice how they're now published on Yahoo? It wasn't exactly a secret that anyone who had lots of Apple stock could make millions if they sold a couple months ago. That's what the stock market is for--if there weren't that opportunity, people wouldn't invest/the market wouldn't exist.



I guess that's what "business" is all about.
You are so naive I think its funny. These people are privy to the most sensitive information about their business, more so than any of research institutions. Keep buying your Apple shares. Those guys need buyers to cash out their positions.
 
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Lord Blackadder

macrumors G5
May 7, 2004
13,700
2,727
Sod off
calyxman said:
With all this banter about how Apple's stock is undervalued, why don't you macheads take a look at the following:

http://finance.yahoo.com/q/it?s=AAPL

Seems like insiders have been dumping the hell out of the their shares. Must be nice to be able to cash out a couple hundred thousand shares.

But that's ok, that's what most of you are for. You're supposed to buy their stock and believe the future of Apple is all nice and rosy. Just like you're told you're buying the greatest hardware and software when you pay those crazy prices for your powermacs/powerbooks.

I guess that's what "loyalty" is all about.
I don't quite get your point; are you implying that these guys are dumping the shares because Apple stock is set to go down the toilet?

<shrug>

Anybody with shares had a lot to gain by selling them the way Apple's stock had been rising. And like Sun Baked said, when the buzz subsides the price will deflate a little - but it's not as if Apple's stock will crash.

You seem to have a rather poor opinion of the judgement of Mac users other than yourself - I don't think they're all quite that dumb.
 
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Raid

macrumors 68020
Feb 18, 2003
2,153
4,586
Toronto
*sniff* I think I smell a Troll

From looking at the date of the sales, many of the sales done within the last 6 months came before the 52 week high... are you implying then that these insiders were in a panic to sell off before the christmas results were public??? Durring a banner sales year!?!?

Only 170,000 shares have been sold since reaching that high... I fail to see your point.

<edit> I've also notice that some of these sales were listed as "automactic" probably due to a stop-loss order made by Bertrand Serlet I assume he was speculating the share price would reach those levels eventually. </edit>
 
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