Um, actually the fact that Apple broke 111 and held yesterday was huge. This was a one day phenomenon prompted by a Japanese company repeating the same stupid story for their clients that are short the stock. Earnings are 10 days away...
No. First of all, the only people stupid enough to follow Trump are slack-jawed yokels who still have land lines and don't know what a cell phone is.
They are helping Americans you moron. They are protecting everyone's privacy. It would be very easy for them to sell everyone's privacy down the river--like Google does every day. It would actually make them MORE money. You are truly an idiot.
wrong. It's not the short selling. 100 million shares is peanuts on a stock with a 600 billion market cap
Apple sells at 9 times forward earnings and has 1/3 of its entire market cap in cash. It grew its earrings 30% YOY for that pitiful multiple. No, Apple is not overvalued at all. But the rest of tech and the market are.
And what do you think those shorts are going to do when Apple blows-out earnings, yet again, on Jan 26th?
Um, LOL, if ATT does a two for one deal that is not coming out of Apple's pocket; its coming out of ATT's pocket and Apple gets full payment from ATT for both phones. So, I hope the wireless providers keep cutting each others throats and making things more affordable for the consumers while Apple continues to sell massive units and print more money.
This is reality folks. But, the buffoons will keep believing the bears.
2nd in short interest? LOL, by what metric? Absolute shares short? That's a stupid metric. Shares short as a percentage of MC is the only metric that matters and Apple shares short are very low on that basis.