His CNBC interview this morning was a case in point. This guy's firm (Piper Jaffray) makes a market in Apple securities and even though he has a $160 price target on the stock his interview kept coming back to negatives (can AAPL get market share from Android, tough comparables year over year). Don't forget he also low-balled Apple Watch 1st year sales (6 million). Wouldn't believe a word that comes out of his mouth.
Took 4 years to find futures trader responsible for flash crash and it'll take them at least 10 to uncover the shenanigans with futures trading in AAPL
WOW....that would be a truly blow out quarter and propel AAPL to perhaps $150
while your friendly neighborhood MM is prying your shares away with fake Yahoo stories on how "smart" money is selling AAPL ... criminal conspiracy!
MMs shake the tree and loose hands sell their shares before earnings and MMs let it ride after blowout quarter ....AAPL most manipulated stock in history
Same #$%$ MMs pulled off before last earnings call...was trading in $112-114 and brought it down to $103 to shake some shares from loose hands....then they let ir run after earnings
then #$%$ knows what the options guys will do with it tomorrow....most manipulated stock in history
By the way nobody ever mentions Nathan's infamous call that AAPL could go to $80 when it was at $105....so this guy has a putrid record when it comes to AAPL
Grasso signaled $120 last week and Dan Nathan in a Yahoo piece predicts $115 perhaps $110. These guys should all be tied in a ball and chain and thrown in the middle of the Indian Ocean!
This is a metaphysical certainty....insiders should disgorge all their ill gotten gains....fraud - pure and simple!!
Burn baby burn
and yet (like AMZN) has momentum and solid support at $200
Sorry meant to say Fast Money. What I hate about these guys is that their sentiment turns on a dime when it suits them...