AAPL still stuck in trading range ... you will probably get another chance to buy @ $450/share
... until positive catalysts occur, and Einhorn suing AAPL to pump up the stock price (since he owns shares of AAPL) is not a real positive catalyst; the market will forget his suggestion that AAPL give preferred shares to existing investors once it becomes clear AAPL won't do that
I would love to see AAPL as high as $500/share next week, I just don't think funds are in such a scramble to buy this stock now so it will take awhile for them to accumulate (like what happened right before the close of market yesterday) as they can take their time to try to buy on the cheap. Wait until the dividend record date passes (2/11), then hopefully we start to see AAPL stabilize around a new support level ($475/share?) higher than $450/share. GLTA
Apple is scary when any little bit of news can move it like this. What I am concerned about is the market is due for a correction and everything will go down with it. Everyone is getting so bullish that is also suspect.
... and don't forget, Einhorn will probably be one of the people selling as the share price goes up as why else would he be pumping up AAPL, so I expect we will see more selling pressure before AAPL finds $500/share support