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Apple Inc. Message Board

  • estanczyk estanczyk Dec 16, 2012 11:06 AM Flag

    volumne increasing??? ouch

    the number of folks dumping is increasing...time to buy?? or join the rush to sell....booyah

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    • Into year-end, AAPL has become a trading vehicle for hedge funds. You will likely see volume increase if we have an up day of $20 too. Where this goes between now and year-end is anybody's bet. I've accumulated about all the shares I can handle between $509 and $550, so I certainly would prefer we find Friday's retracement to the November $505 low from which we bounced $90 in several days is the bottom, but who knows. Regardless, the selling pressure should subside no later than January 2nd and demand should increase as funds re-establish their positions for the new year. The combination should be very beneficial to stock price.

      Sentiment: Strong Buy

 
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