Interesting dropoff in apple today.....can't find any news? | TigerDroppings.com

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ThaBigFella
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baton rouge
Member since Apr 2006
2043 posts

Interesting dropoff in apple today.....can't find any news?



Anyone read anything bc i cant find anything, seems odd for a 3% decline just like that






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Vols&Shaft83
Georgia Tech Fan
Member since Dec 2012
18488 posts

re: Interesting dropoff in apple today.....can't find any news?


quote:

Anyone read anything bc i cant find anything, seems odd for a 3% decline just like that





Not for a tech stock, especially Apple.






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Notro
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re: Interesting dropoff in apple today.....can't find any news?




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ZereauxSum
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Member since Nov 2008
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re: Interesting dropoff in apple today.....can't find any news?


New Nokia phone?

I really have no idea. Very strange.






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LSURussian
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re: Interesting dropoff in apple today.....can't find any news?


iPhone5s delayed until September release rather than June.





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Vols&Shaft83
Georgia Tech Fan
Member since Dec 2012
18488 posts

re: Interesting dropoff in apple today.....can't find any news?


Obama, I blame Obama





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slackster
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Houston
Member since Mar 2009
6599 posts

re: Interesting dropoff in apple today.....can't find any news?


quote:

Anyone read anything bc i cant find anything, seems odd for a 3% decline just like that


I want to say CNBC had a report this morning about smartphone marketshare and Apple's operating system was down more than what was expected, but I'm not sure of the date or source of the report.






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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Interesting dropoff in apple today.....can't find any news?


The WWDC is next month but the thing that really has me excited is this....apple's partner pegatron is ramping up for something big by hiring 40,000 new employees....40,000!!!! Rumors have it that a cheaper iphone for the overseas market is the cause. I really feel in 5-10 years Itunes alone will do $100B in sales, its crazy the rate its growing at and it seems apple is turning into more of a media company vs a computer/phone company.

LINK



This post was edited on 5/14 at 4:16 pm


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BennyAndTheInkJets
Arkansas Fan
NYC / Orange County
Member since Nov 2010
4092 posts

re: Interesting dropoff in apple today.....can't find any news?


It's weird, huh? It just couldn't break and confirm that 460 support level.

Does it make any fundamental sense why a Fibonacci retracement ratio would be important for a stock to break through? Absolutely not. But it keeps happening again and again. Then news comes out at exactly the time that support levels aren't broken and confirmed, relative strength slows, and momentum slows. They aren't related, but it keeps happening over and over again all across the market. This is why I love technicals for equities and why I always say: Bonds are priced on expectations, equities are priced on unicorns and rainbows. Nutty stuff BigFella.



This post was edited on 5/14 at 4:54 pm


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NC_Tigah
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Member since Sep 2003
54093 posts

re: Interesting dropoff in apple today.....can't find any news?


quote:

iPhone5s delayed until September release rather than June.
Likely.

Considering AAPL's multiple, I just do not understand the ? sentiment.






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Coeur du Tigre
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re: Interesting dropoff in apple today.....can't find any news?


quote:

equities are priced on unicorns and rainbows.


Jackson Pollock meets J.R.R. Tolkien:






This post was edited on 5/15 at 2:37 am


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Vols&Shaft83
Georgia Tech Fan
Member since Dec 2012
18488 posts

re: Interesting dropoff in apple today.....can't find any news?


quote:

Bonds are priced on expectations, equities are priced on unicorns and rainbows, and bitcoins are:








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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Interesting dropoff in apple today.....can't find any news?


its $440 premarket.....to me Im holding it as an investment till the next line of products is released, you get $1/month in dividends per share while you wait. The traders and analysts are killing this stock. Anyone who has any long term vision can see this is still THE BEST BLUE CHIP to own.

1.its priced low
2.its got exciting new products coming out in the next year(does coke?)
3.it has a retail footprint none of the other past failed tech giants had

I feel like the 40,000 hired employees signal something big coming and I also imagine an Itv being released would boost not only revenue but the sheer number of itunes users bc people who owned an Itv would be able to buy/rent movies in their living room and there would no longer be need for redbox trips. Also older people who dont know how to download on torrents and connect their HDMI cord from laptop to Tv would now be able to simply purchase a movie and Itunes will be gigantic. I'm an investor not a short term trader and with the cash on hand and growth in the dividend apple could be a great stock over the next few years WITH NO GROWTH thats why the Russian Billionaire dropped $100M into it



This post was edited on 5/15 at 8:20 am


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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
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re: Interesting dropoff in apple today.....can't find any news?


and a second straight day with a 3% drop....





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