Screw these analyst'
They drove up the stock price but there was no money to actually back that stock price. Happens all the time. Wall Street actually is overpriced. So much so that if all the investors made a run on the markets at the same time there wouldn't be any money to cover all those stocks. What a joke.
heh heh, you do know that Apple average trading volume is about 18M share a day. At 540ish, it translate into close to $10B of transaction a day.. Analyst don't drive Apple stock price. Small investor don't drive Apple stock price. It is the hedge fund manage, mutual fund managers, pension fund managers that determine Apple stock price. And they will have enough MBA that will look at Apple earning statement, talk to the company and do their own channel check before making the investment. They are playing a game of poker and small investor is just an bystander that get sweep up in the motion..
I wonder how many folks posting in this thread actually read a single Apple earning report or listen to one single Apple earning conference call?