Comment

Apple Stock Panic Labeled 'A Premeditated Flash Dump'

2
Destro1/28/2013 1:18:53 pm PST

re: #1 TDG2112

Something screwy is always going on it seems.

This one annoys me more than most, as Apple just posted record sales and earnings. And Apple’s Guidance was more accurate than it has been in years. So punishing it seems stupid. I figure investors had just gotten used to Apple beating it’s own guidance by huge amounts. But I think it should call into question what Apple was doing before.

But hey, I bought Netflix at 80ish only a few months ago, so I’m fine.

Capitalism (at least the Wall Street kind) is for suckers.