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Started By
Message
Steve Jobs steps down temporarilly for health reasons
Posted on 1/14/09 at 4:05 pm
Posted on 1/14/09 at 4:05 pm
2
Posted on 1/14/09 at 4:09 pm to Colonel Hapablap
I came here to post this. I've long felt that Apple was overvalued by latte-sipping San Francisco Mac-head lemmings who bought into the Jobs cult of personality and believed he could do no wrong. If it plummets to 50 or so, which is not out of the question, I'm going long.
Posted on 1/14/09 at 4:11 pm to Cold Cous Cous
Also, if apple gets to 50 that would be off of a high of 199 a little more than a year ago.
And I know people who invested heavily in Apple a little more than a year ago.
And I know people who invested heavily in Apple a little more than a year ago.
Posted on 1/14/09 at 4:12 pm to Cold Cous Cous
it's down $10 to $79ish after hours.
Posted on 1/14/09 at 4:14 pm to Colonel Hapablap
Posted on 1/14/09 at 4:15 pm to Colonel Hapablap
They always do these announcements after hours. I understand why, but shite! Oh, well I just had a very small position in Apple.
Posted on 1/14/09 at 4:16 pm to Cold Cous Cous
quote:If it gets to 50 I bet it goes to the 30's.
I came here to post this. I've long felt that Apple was overvalued by latte-sipping San Francisco Mac-head lemmings who bought into the Jobs cult of personality and believed he could do no wrong. If it plummets to 50 or so, which is not out of the question, I'm going long.
Posted on 1/14/09 at 5:04 pm to Cold Cous Cous
Sheesh.
I'm glad I sold my AAPL stock yesterday at $89. Bought at $88. Made about $40 total. Woohoo!
I'm glad I sold my AAPL stock yesterday at $89. Bought at $88. Made about $40 total. Woohoo!
Posted on 1/14/09 at 6:07 pm to Colonel Hapablap
This is not at all surprising...I'm no oncologist, but it doesn't take much reading between the lines to know that this was more than a "hormone imbalance".
I hope the time off does him well.
I hope the time off does him well.
Posted on 1/14/09 at 6:16 pm to Cold Cous Cous
quote:
Did Apple lie about Steve Job's health?
This is an interesting question...
Does Jobs have an obligation to make his health records/status a matter of public information?
I say no. The author obviously disagrees.
I understand that may make it more difficult for investors, but I think patient privacy re: health matters trumps all. JMO.
Posted on 1/14/09 at 6:59 pm to Cold Cous Cous
quote:
I came here to post this. I've long felt that Apple was overvalued by latte-sipping San Francisco Mac-head lemmings who bought into the Jobs cult of personality and believed he could do no wrong.
cold, i like you more and more every day
Posted on 1/14/09 at 7:17 pm to Cold Cous Cous
quote:
I've long felt that Apple was overvalued by latte-sipping San Francisco Mac-head lemmings who bought into the Jobs cult of personality and believed he could do no wrong.
Wasn't there a time recently where he went away for a while and the company did not do well at all?
Posted on 1/14/09 at 7:19 pm to footballislife
quote:
Wasn't there a time recently where he went away for a while and the company did not do well at all?
the 90's
Posted on 1/14/09 at 8:01 pm to CAD703X
quote:
cold, i like you more and more every day
Ty, although I prefer to be called "Cous" or, alternately, "CCC" if you must.
quote:Keeping in mind this describes me to a T, except that I use a Dell.
latte-sipping San Francisco Mac-head lemmings
Posted on 1/14/09 at 8:02 pm to NOMT
quote:
Does Jobs have an obligation to make his health records/status a matter of public information?
I say no. The author obviously disagrees.
I understand that may make it more difficult for investors, but I think patient privacy re: health matters trumps all. JMO.
True, but I do think Apple had the responsibility to not actively mislead people. I think they flat-out lied about Jobs' health for the sole reason of keeping their stock price inflated.
Posted on 1/14/09 at 9:20 pm to Cold Cous Cous
quote:
I do think Apple had the responsibility to not actively mislead people.
wasnt it just ONE WEEK ago that he said he was a-ok, etc?
i smell big lawsuit. he gave misinformation and the stock price moved
Posted on 1/14/09 at 9:38 pm to CAD703X
quote:
wasnt it just ONE WEEK ago that he said he was a-ok, etc?
He never said he was a-ok. He admitted he had a hormone imbalance but said the treatment was primarily a change in diet. Unless we find out that he dumped stock last week I don't see how you'd possibly have any hope of proving that a potentially dying man lied to investors for a temporary boost in the stock price.
Posted on 1/15/09 at 8:57 am to TigerinATL
it's an interesting question. I'll be curious to see where a court says the line is between health privacy (after all, privacy is in the constitution) and relevant information about a publicly traded company.
Posted on 1/15/09 at 9:59 am to TigerinATL
If he had dumped it you would know, because he would have had to file it with the SEC.
Posted on 1/15/09 at 10:46 am to Colonel Hapablap
quote:
it's an interesting question. I'll be curious to see where a court says the line is between health privacy (after all, privacy is in the constitution) and relevant information about a publicly traded company.
It's a unique situation. I really can't think of a single other publicly traded company whose stock price would rise or fall to this extent on news about one man's health. Berkshire, I guess.
FWIW Apple is back above 80. Looks like I overestimated the amount of panic this would cause in the latte-sippers.
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