Well someone is keeping it at 500. I agree that it should fo been back up to 510-515 at least. It could of gone down crazy today but it did not. I thought that if it failed going above 498 again today we would of been in the low 490s if not lower. But, we got past 498 and then bounced from that and came up again. It has not done that since the drop. Someone(s) wants in at 500. Don't know what the meaning of 500 is but it looks like next week we should hit that 515. First of the month means new capital for institutions so maybe they want in at that price.
Hope this turn around next week. I was worried a bit this morning but now I know something is up or something will be up. And it closed above yesterdays close. Not by much but it might mean something.
yeah I really do not understand how this is sitting at 500. If it went down to 450 I would expect that. If it went to 513-515 I would expect that by now too. Why would anyone want to keep it here? My only guess would be that it is for institution buying coming in on the 1st or is it the 31st.
Anyone know anything?
I heard on TV that if they were to buy back stock it would have to be three days after earnings. I don't know if that is true or not. This was just a big #$%$ battle between buyers and sellers. That line has been drawn.
Also, I heard on tv that IF they were to buy back stock they can't do it for three days after earnings. Can anybody confirm that?
That line has been drawn!! I tried to by 500 put thinking it would go below but has to sell. Bought a Feb14 512 call at the close. this is going to blow up hopefully to the upside. But man that 500 is solid!!!
The selling will continue for another day or two.
GOOD that would be great because for sure I will make big on my Feb 7th 470 put. Of course my $590 call is blown up.
hell if MSFT made money last quarter then AAPL had to of made good money too!!!!
this is a double top so far. It needed to close above 58.50 but without the volume this will not happen. If this guy goes to 55.80 to 55.50 it could be bought again.