% | $
Quotes you view appear here for quick access.

Apple Inc. Message Board

  • dave72picks dave72picks Jan 10, 2013 10:19 PM Flag

    tide is turning....MM are burning through their long positions to hold the stock down

    pretty interesting day to see the stock rise going into the close - MM have huge incentive to keep the stock under 550 until next week, but it is starting to cost them in terms of their long positions. They have to sell more of their positions to keep the stock down and now they are buying the stock back towards the end of the day - something we have not seen in a while. This will go on a few more days and then this coiled stock will pop so fast it will be 600 in a blink of the eye. It's going to create a gap just like last year and stall out around 620. That technically is the right shoulder of a longer term look at the chart. But they have to keep it down another week so the can collect all the premiums from those call they sold in in the 2H of 2012

    SortNewest  |  Oldest  |  Most Replied Expand all replies
112.01+0.41(+0.37%)12:45 PMEDT