Apple stock is up...???

fishcarpfishcarp
Posted:
in General Discussion edited January 2014
Just looked at some current stock prices - the Dow Jones is down 130 pts, NASDAQ's down 15pts, the tech companies I view (Microsoft, Intel, etc.) are all down, but Apple's stock is currently up $.70/share.



Think someone knows about upcoming Apple releases? Didn't see much in the way of positive news (except that Time Magazine likes iLife!) that would push the stock that much. Could it just be speculation on things to come?



Interesting...

Comments

  • Reply 1 of 11
    dylsexic manupilatordylsexic manupilator Posts: 139member
    I woulnd't get too excited though. Apple's stock has been going up and down between 13,14 and 15 $ a lot in the last few months.



    Apple's share didn't get a boost after the last MWSF, which would have been logical (IMHO ), so guessing that something's up (sic) by looking at the stock rate is a quite desperate move...



    I thing the estimated ship times give us a better indication of things to come.



    And BTW, wouldn't buying stock now with insider info be illegal?



    <img src="graemlins/bugeye.gif" border="0" alt="[Skeptical]" />
  • Reply 2 of 11
    superkarate monkeydeathcarsuperkarate monkeydeathcar Posts: 2,407member
    i think the stock went up today based on <a href="http://www.businessweek.com/magazine/content/03_05/b3818063.htm"; target="_blank">this</a> item in business weekly. the little sheep are easy to herd you know.....

    but then again it's the only stock on my board that's up, i think we may get in the 7000's again today.
  • Reply 3 of 11
    dgmvwdgmvw Posts: 54member
    Yeah I wouldn't worry about it...let me know when it's over $25- That's what I bought my shares for and I have been hanging on to them for almost a couple years now...I would like to sell for a profit someday....all my stocks suck...



    [ 01-27-2003: Message edited by: DGMVW ]</p>
  • Reply 4 of 11
    fishcarpfishcarp Posts: 26member
    [quote]Originally posted by Dylsexic Manupilator:

    <strong>I woulnd't get too excited though. Apple's stock has been going up and down between 13,14 and 15 $ a lot in the last few months.



    Apple's share didn't get a boost after the last MWSF, which would have been logical (IMHO ), so guessing that something's up (sic) by looking at the stock rate is a quite desperate move...



    I thing the estimated ship times give us a better indication of things to come.



    And BTW, wouldn't buying stock now with insider info be illegal?



    <img src="graemlins/bugeye.gif" border="0" alt="[Skeptical]" /> </strong><hr></blockquote>



    I will say that I'm certainly no stock market wizard (thank God!!), but, although the stock has been jumping around over the last few months, rare are the days that I see the stock changing by that much. The 27th has been floating around as a possible release date (on sites like this one), so maybe it's just that. And the article mentioned above helps.



    But I will say - not to be overly cynical - that in this big game of MONEY to believe that people don't give and receive inside info is naive. I know it's illegal. That doesn't mean it doesn't happen.



    Anyway, I sit and wait with bad breath for any announcements.



    fish



    EDIT: Of course, I just looked at the boards again and now it's only up $.50, so maybe I'm full of crap!



    [ 01-27-2003: Message edited by: fishcarp ]</p>
  • Reply 5 of 11
    xypexype Posts: 672member
    I'm not sure whether it's sad or funny that people get all confused when Apple's stock is up.
  • Reply 6 of 11
    transcendental octothorpetranscendental octothorpe Posts: 188member
    And now only $0.30 up.
  • Reply 7 of 11
    dylsexic manupilatordylsexic manupilator Posts: 139member
    Maybe the guy who bought that stock is reading AI and maybe he just realized his mistake <img src="graemlins/lol.gif" border="0" alt="[Laughing]" />
  • Reply 8 of 11
    macsrgood4umacsrgood4u Posts: 3,007member
    As said previously, it's because of a postive article in Business Week. It will be forgotten in a day or so.



    [ 01-27-2003: Message edited by: MacsRGood4U ]</p>
  • Reply 9 of 11
    fran441fran441 Posts: 3,715member
    Moving to General Discussion.
  • Reply 10 of 11
    matsumatsu Posts: 6,558member
    Actually, the stock jumped a bit on news of my PB12 purchase, I'm thinking mebbe I'll deflate it a touch with a negative review before I pick up a few shares, then get them to jump with a series of untowards praise of future OSX updates. I will now emit my evil laugh, hehe. <img src="graemlins/bugeye.gif" border="0" alt="[Skeptical]" />
  • Reply 11 of 11
    superkarate monkeydeathcarsuperkarate monkeydeathcar Posts: 2,407member
    apple stock went down (during macworld) because an analyst from merrill lynch downgraded the stock after the keynote. (also the word was out about a quarterly loss to be announced) he said their direction is not the right one if they want to gain market-share.

    the business week article today says apple can make profits even if they don't increase market-share. in a nutshell.



    [ 01-27-2003: Message edited by: superkaratemonkeydeathcar ]</p>
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