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Apple Inc. Message Board

  • yook1948 yook1948 Dec 7, 2012 7:48 PM Flag

    SAC owned a ton of AAPL, SAC likely received mega-redemptions. 2+2=4

    I am surprised this hasn't been discussed. You think WS didn't pile onto AAPL like sharks?

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    • ya. we all feed on SAC Capital monday mornin.

      “The only sure-fire way to win at this game is to trade ahead of inside information about a company’s earnings report. That’s a plausible explanation for why so many of SAC Capital’s former employees are in legal hot water after evidence emerged that they made big money on inside information. The most recently announced example was SAC Capital’s $276 million gain allegedly made by trading on inside information about bad results of testing a drug under development...

      Those that will be seen to be liquidating, like Diamondback Capital Management that closed down Thursday “amid heavy withdrawals and an insider-trading investigation,” according to CNBC, were big holders of Apple.“

      Sentiment: Sell

    • ya. we all feed on SAC Capital monday mornin.

      “The only sure-fire way to win at this game is to trade ahead of inside information about a company’s earnings report. That’s a plausible explanation for why so many of SAC Capital’s former employees are in legal hot water after evidence emerged that they made big money on inside information. The most recently announced example was SAC Capital’s $276 million gain allegedly made by trading on inside information about bad results of testing a drug under development...

      Those that will be seen to be liquidating, like Diamondback Capital Management that closed down Thursday “amid heavy withdrawals and an insider-trading investigation,” according to CNBC, were big holders of Apple.“

      Sentiment: Sell

 
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