Somebody obviously knew this deal wasn't being struck yet! Tim Cook should have come forward and informed shareholders of the validity of the announcement taking place! Pisspore management decision yet again by Tim Cook!
This is one frustrating holding!
This was mentioned on CNBC as well. Something about Apple buyback will mean more company ownership of the shares and spark selling as fewer shares available. Not quite sure how that works but after the last few days missing out on a great rally sure doesn't bode well.
ORCL actually had some good news for tech this morning. Surprised we are down.
What a country!
When a source such as the Wall Street Journal is telling folks to expect China Mobile announcement on December 18th then Cook or someone in PR needs to instruct us otherwise! EOM
I never was a big believer until I see how Apple trades on options expiration days. Right on the money as to what maximum-pain dotcom predicted both this time and last time it expired. What a game these options mm's play and it seems to work for them!
What the hell is with that?
Munster don't know diddly about how Apple trades. He can sing praises all day long but when Apple wants to sell off it does so! Analysts are a waste of air space!
Technically I think it popped back above the 10 dma after dipping yesterday. Amazes me how volatile Apple can trade on basically low volume. To have taken off 10 points in the last 4 sessions on just technicals makes investing questionable to many folks. No wonder so much money is still sitting on the sidelines!