Big boys just make a bunch of money on the short side!
The trend is down so if one is thinking about going long you may want to wait. This is an excellent trading stock now for the high frequency traders. At present they are making it on the down side. Some big investors have their money already in the stock so limited buyers at present. When the traders cover and go long AAPL will have a nice move up. They could cover at 430, 400 or 350. The last hour of trading for the last few days has not had longs participating so it has been down for a number of days in a row. The traders move the stock and if they are short then there is a lack of buyers. In fact many of the buyers on the bid are just shorts covering. The market is up again while AAPL is down significantly again. A lot of folks have been catching a falling knife and it could keep falling for some time. Wait for it to turn with some volume or you could find yourself down a bundle. They could flush this down 30 dollars in one day so be careful. The big boys over extend on the short side as well as the long side. GLTA and have a great weekend.