Apple's top attorney sells $2.8M in stock, board member cashes in on $4.2M

2

Comments

  • Reply 21 of 47

    Quote:

    Originally Posted by extremeskater View Post


    I would say people have lost faith in our economy and Apple is simply a victim of an overall market that looks at our newly elected president as anti business. Since the election the market has gone one way and that is down. So while this thread is about board members this reflects what is happening across the board when it comes to the market. 


     


    Here is another good example of what we love the do in the US. We love to build up the underdog we love to beat them up even more when they are on top.


     


    http://money.msn.com/technology-investment/how-long-can-apple-stay-on-top



    Uh uh... I've always wondered why Obama never made the case that the S&P500 was up a mere 65% under his watch....


     


    Surely, must be because people had no faith.


     


    /s

     0Likes 0Dislikes 0Informatives
  • Reply 22 of 47

    Quote:

    Originally Posted by scotty321 View Post



    Folks, when insiders sell, they have lost faith in the company. Just like how Forstall sold 95% of his shares earlier in the year. Do you really think these people would sell if they thought the stock was going to RISE into the future?




    That's a stupid statement.  There are as many (if not more) examples of "insiders" selling with NO expected change in future share prices.

     0Likes 0Dislikes 0Informatives
  • Reply 23 of 47

    Quote:

    Originally Posted by Constable Odo View Post


    They're not waiting for Apple to get back up to $700 or $800 a share to sell.  They're selling now because they know Apple is going down further before the end of the year.  They're selling because they're running scared.  They've already seen Apple stock lose $150 a share in just six weeks and they just can't stand idly and watch the bloodbath continue to $500.  Makes perfect sense to sell before they lose everything.



     


    <sarcasm alert>




    That can't be. Some analysts have said that the stock will soar past $1000. Just wait. Just wait.

     0Likes 0Dislikes 0Informatives
  • Reply 24 of 47
    While Apple is far from washed up....the best days of Apple are behind them
    For Apple to be down 150 points or 20% while the market isn't down more than 5%. And especially after such great product. Launches like the Iphone5 and IPad Mini only goes to prove that things are not the same.


    I hope I'm wrong as I think Apple makes some great products. However it seems that tiheres to much negativity hanging around Apple. Wall Street knows better than the fanboys or trolls just look what they're saying
     0Likes 0Dislikes 0Informatives
  • Reply 25 of 47
    lilgto64lilgto64 Posts: 1,147member

    Quote:

    Originally Posted by scotty321 View Post



    Folks, when insiders sell, they have lost faith in the company. Just like how Forstall sold 95% of his shares earlier in the year. Do you really think these people would sell if they thought the stock was going to RISE into the future?


     


    Or maybe in order to take advantage of a lower capital gains tax before it gets jacked up?


     

     0Likes 0Dislikes 0Informatives
  • Reply 26 of 47

    Quote:

    Originally Posted by lilgto64 View Post


     


    Or maybe in order to take advantage of a lower capital gains tax before it gets jacked up?


     



     


    Agreed. Could be 4 years before cap gains taxes are reviewed again, or they may not go down for another 25 years. I'd cash out if I had that kind of stock also... Then again, I'd probably also leave the country in favor of living off a boat in international waters, or buy a private island somewhere.

     0Likes 0Dislikes 0Informatives
  • Reply 27 of 47

    Quote:

    Originally Posted by BUSHMAN4 View Post



    While Apple is far from washed up....the best days of Apple are behind them

    For Apple to be down 150 points or 20% while the market isn't down more than 5%. And especially after such great product. Launches like the Iphone5 and IPad Mini only goes to prove that things are not the same.

    I hope I'm wrong as I think Apple makes some great products. However it seems that tiheres to much negativity hanging around Apple. Wall Street knows better than the fanboys or trolls just look what they're saying


    What do you think 'Wall Street knows" about Apple that the 'fanboys or trolls' don't or can't?


     


    How did your Groupon IPO -- that "Wall Street" geniuses priced, and "Wall Street" geniuses jumped at -- work out for ya? Or Facebook? image

     0Likes 0Dislikes 0Informatives
  • Reply 28 of 47
    hmmhmm Posts: 3,405member

    Quote:

    Originally Posted by EricTheHalfBee View Post


    So which shipyard has a clearance sale on yachts? Maybe a Bugatti Veyron SS came up for sale? Someone wanted to own their own personal bridge?



     


    That first line really made me laugh.

     0Likes 0Dislikes 0Informatives
  • Reply 29 of 47
    noahjnoahj Posts: 4,503member
    scotty321 wrote: »
    Folks, when insiders sell, they have lost faith in the company. Just like how Forstall sold 95% of his shares earlier in the year. Do you really think these people would sell if they thought the stock was going to RISE into the future?
    No, actually when insiders sell, and it is based on insider information, it usually results in criminal charges due to something called insider trading. Sometimes a stock sale, is just a stock sale...
     0Likes 0Dislikes 0Informatives
  • Reply 30 of 47

    Quote:

    Originally Posted by anantksundaram View Post


    Uh uh... I've always wondered why Obama never made the case that the S&P500 was up a mere 65% under his watch....


     


    Surely, must be because people had no faith.


     


    /s



    You may want to ask him why food stamps are up, unemployment is really 16% and real inflation is about 20%. The US has a corporate tax rate of 39.2%. Obama can't stop talking about the rich paying "their fair share" when the top 1% already pay 38% of federal taxes. Didn't Apple pay 1.9% on 37 Billion? Yeah that is really driving the economy upwards. 


     


    Jeffrey Immelt from GE is on the Obama jobs board and GE avoided paying any tax. Apple stock 52 week high 705.07 today 542.83. Yeah everything is just booming in the market. Obamacare about to kill small business another thing the country can't afford. 


     


    Glad to hear the S&P is doing well. You're a joke maybe you should change your career. If people don't have jobs and have trouble even making ends meet they don't invest. If companies don't put money back into the economy then the market will suffer. Clearly large companies have found an easy way to avoid paying taxes. 


     


    Shit I see your point everything is great. 

     0Likes 0Dislikes 0Informatives
  • Reply 31 of 47


    http://crackberry.com/tags/blackberry-10


     


    He may be planning to invest in RIMM, in advance of the spectacularly successful introduction of the Blackberry 10.


     


    Cheers

     0Likes 0Dislikes 0Informatives
  • Reply 32 of 47

    Quote:

    Originally Posted by extremeskater View Post


    Shit I see your point everything is great. 



    No, you don't.


     


    Read. The original post. The response.


     


    But that would be asking too much of people like you with your perpetual agendas.........

     0Likes 0Dislikes 0Informatives
  • Reply 33 of 47
    Totally useless information without knowing how many shares they had in total. Did they sell all they had? Or a small percent?
     0Likes 0Dislikes 0Informatives
  • Reply 34 of 47

    Quote:

    Originally Posted by anantksundaram View Post


    No, you don't.


     


    Read. The original post. The response.


     


    But that would be asking too much of people like you with your perpetual agendas.........



    What agenda could anyone have talking about how the current economy is impacting Apple Stock? My comment was based on the fact that the markets did not have a positive reaction after the election. It is really hard for any investor to look at Obama as pro business and clearly he believes a bigger government is the answer instead of allowing the private sector to work. 


     


    It is also a fact that our corporate tax rate is simply too high to make it appealing to do business in the US. Apple and other large companies are sitting on massive amounts of money because they do not feel it is wise to invest in our economy which is holding down growth. I am not having some kind of epiphany, anyone that follows the economy or government would come to the same conclusion.


     


    Your comment was one line it had to do with the S&P500 as if that one indicator actually had any real value. 

     0Likes 0Dislikes 0Informatives
  • Reply 35 of 47
    What agenda could anyone have talking about how the current economy is impacting Apple Stock? My comment was based on the fact that the markets did not have a positive reaction after the election. It is really hard for any investor to look at Obama as pro business and clearly he believes a bigger government is the answer instead of allowing the private sector to work. 

    It is also a fact that our corporate tax rate is simply too high to make it appealing to do business in the US. Apple and other large companies are sitting on massive amounts of money because they do not feel it is wise to invest in our economy which is holding down growth. I am not having some kind of epiphany, anyone that follows the economy or government would come to the same conclusion.

    Your comment was one line it had to do with the S&P500 as if that one indicator actually had any real value. 

    Stop blabbering.

    Stick to what you do best, which is trolling.
     0Likes 0Dislikes 0Informatives
  • Reply 36 of 47

    Quote:

    Originally Posted by anantksundaram View Post





    Stop blabbering.

    Stick to what you do best, which is trolling.


    The trolling line is getting old. It's even worse when you can't have a rational debate because you're an idiot. If you didn't want me to respond then why did your dumb ass post to me? This is the only forum that has losers like you that think they are so important that everyone on earth is trying to troll the forum. This is an Apple enthusiast forum nothing more. Time to grow up. I wish I could say I hear you babbling but your head is too far up your ass to hear anything. 

     0Likes 0Dislikes 0Informatives
  • Reply 37 of 47

    Quote:

    Originally Posted by extremeskater View Post


    ... you're an idiot.. your dumb ass post ... losers like you ... grow up... your head is too far up your ass .....



    Thought I'd replay the highlights of your 'rational debate.' image

     0Likes 0Dislikes 0Informatives
  • Reply 38 of 47

    Quote:

    Originally Posted by anantksundaram View Post





    Stop blabbering.

    Stick to what you do best, which is trolling.


    Oh well my post was removed. I guess I have to take a gentle approach with you. Lets make it simple. You engaged me with your post and I responded. If you can't have a civil debate then don't post to me. It's insane for you to post to me and then accuse me a trolling because your attempt to debate the issue is flawed. 


     


    I also find it interesting that a select group always puts the word "troll" out there yet Macrumors doesn't seem to have the same problem.  So maybe it's time for you to just grow up. If you can't take the hits back then don't try to dish them out. Think long and hard before you hit reply on any of my posts again. 

     0Likes 0Dislikes 0Informatives
  • Reply 39 of 47
    Oh well my post was removed. I guess I have to take a gentle approach with you. Lets make it simple. You engaged me with your post and I responded. If you can't have a civil debate then don't post to me. It's insane for you to post to me and then accuse me a trolling because your attempt to debate the issue is flawed. 

    I also find it interesting that a select group always puts the word "troll" out there yet Macrumors doesn't seem to have the same problem.  So maybe it's time for you to just grow up. If you can't take the hits back then don't try to dish them out. Think long and hard before you hit reply on any of my posts again. 

    1) Your post was removed because it was full of obscenities. So much for the ability of folks like you to have a 'rational' and 'civil' debate. What a laugh.

    2) You can take any approach you want. That would not change the fact that you understand little to nothing about the macroeconomy and the market, why and how we got here (Obama or no Obama), and even less about Apple and what it stands for by way of quality, design, innovation, responsiveness, customer service, management depth, and transparency in reporting.

    3) The only thing I think long and hard about -- and confess, I'll probably never get -- is what drives people like you get up in the morning.
     0Likes 0Dislikes 0Informatives
  • Reply 40 of 47


    Originally Posted by anantksundaram View Post

    3) The only thing I think long and hard about -- and confess, I'll probably never get -- is what drives people like you get up in the morning.


     


    Their passion is as strong as ours. The universe wants to balance itself out.





    Originally Posted by extremeskater View Post


    I also find it interesting that a select group always puts the word "troll" out there yet Macrumors doesn't seem to have the same problem.  



     


    You're joking, right? The pro-Apple users on MacRumors have given up fighting the anti-Apple idiots since their mods refuse to do anything about it. The site's overrun with them.

     0Likes 0Dislikes 0Informatives
Sign In or Register to comment.