rotten for Apples

April16

this is just bull-shit. tomfoolery.

Apple was pushed down in an manipulative manner. now, the same people realize they have made a huge blunder that never accounted for panic and access to fast negative trading in the form of “program” triggers that had more criteria developed into them than most analysts are aware of.

this means that you had traders, analysts and fund managers at cross-purposes. The stock fundamentally does not belong at its current level. but, now they understand they could harm the entire market much like a virus.

a vital clue is what has happened with gold and oil. that means there is growing unease with fundamentals.

Its all rather fascinating, really. Just unfortunate.

If Apple Breaks $419, the Stock Market Will Break – the street.com“How Apple goes will have a strong bearing on which way the stock market moves.”

peace be to my Brothers and Sisters.

brian patrick cork

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Tags: Apple Stock, Tomfoolery

posted under apple, Finance, In The News, Information, Tomfoolery

2 Comments to

“rotten for Apples”

April 17th, 2013 at 8:22 pm Christian Cherniak Says:
Hey Brian. We’ve talked about AAPL before at higher prices. I’m always cautious of a stock when there is a “love fest” going on and the retail investor is all in. I’ve watched this scenario play out too many times in my career. Today was simply long liquidation. I did not see significant institutional selling or manipulative trading taking place. Just weak hands in on the way up, now weak hands out based on price action. I do believe there are fundamental changes occurring (negative) in their business. They are loosing some grip on thier ecosystem to the likes of android (Samsung is putting out killer products as well). Social media is also embracing open architecture mush faster that AAPL’s closed system. That being said, the stock is cheap and is getting very interesting for repurchase. 380 me thinks.
April 17th, 2013 at 9:01 pm Brian Patrick Cork Says:
Hello Christian.

Everything changes and evolves, eh.

I’m taking a break from investigating the Nexus 4 to answer your comment, in fact.

Apple has been great to and for many of us. Today I value the way Google and other companies press Apple to continue the path towardss brilliant innovation. We all win.

I always value your insight. Lets see if things getting interesting again around $380. Why not.

– Cork

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