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  • tail_risk tail_risk Jan 24, 2013 7:12 PM Flag

    Pls help me understand

    Why did amzn go up today??? The Nasdaq was dow 0.74% and aapl was down 12%. I am mystified.

    Was it because they acquired the voice recognition company? Do folks think this will help with a smartphone offering???

    Was it because investors in aapl thought they'd regain there losses in amzn??? I find this hard to believe.

    Was it a short squeeze??? I find this hard to believe because short interest is way down and shorts would likely pile in on a down day for tech.

    I am just trying to understand this piece of the investing world and I simply don't have a clue right now.

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