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Facebook, Inc. (FB) Message Board

  • ovloh ovloh Jan 29, 2013 3:00 PM Flag

    CORRELATION BETWEEN AAPL AND FB

    AAPL is moving higher without any clear reason other than the fact that it is launching iPad with larger memory storage. A few analysts came out and had buy rating on AAPL again. Obviously, some of FB money is moving into AAPL. Another reason could be DOW playing with 14,000 point mark and as result FB money is being bought into DOW and S&P component value plays. But in general, the whole Tech is getting tanked today: YHOO, AMZN, MSFT, DELL, CSCO, ZNGA....everything is pretty much downed today.

 
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