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When will the madness end?

post #1 of 2
2/21/13 at 10:14am
Thread Starter 

It is down to $444 as I type this. How low can it go and when can we possibly hope to see a sustained upward trend again?  This is just so frustrating given the very nebulous reasons for this downward momentum. 

 

Sheer speculation I know, but what are your predictions on how far it will drop before it reaches resistance? I hate to even type this but is below $400 possible? I just can't understand going from $514 all the way to $444 in less than a month without any real reason. Give me a reason for some optimism guys. 

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post #2 of 2
2/21/13 at 10:20am

I imagine sometime around when this hedge fund lawsuit comes to a head, don't you think?

 

Eventually we'll see Apple's response to it, which will yank that free fall up by its shorted, speculated bootstraps. Or destroy the company entirely, as the last thing some investors want to hear is a logical, financially sound plan. lol.gif

 

I'd guess roughly $400 even. I would have said $500 before some third party started investigating, but that's apparently not anyone's concern… 

PhilBoogie
That's Google alright. For a stupid company they sure do dumb things.
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PhilBoogie
That's Google alright. For a stupid company they sure do dumb things.
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