Disney CEO buys $1 million worth of Apple stock

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Comments

  • Reply 21 of 27

    Quote:

    Originally Posted by Tallest Skil View Post


     


    Would $1,000,000 have bumped the stock by 25 points?



     


    Did you ever heard of avalanche?

     

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  • Reply 22 of 27
    herbapouherbapou Posts: 2,228member
    Would $1,000,000 have bumped the stock by 25 points?


    Friday volume was 2x average at 50 millions shares for a total of 25 billions. So that million was a drop in the bucket. Btw on friday at the low mutual funds and pension funds bought large volume of shares. They had there bid sitting there in case. That scare the hell out of the hedge funds, the brokers saw that then covered and the stock made a nice oversold V pattern.
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  • Reply 23 of 27


    Originally Posted by Nathillien View Post

    Did you ever heard of avalanche?




    Heard of yodeling. That's close.

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  • Reply 24 of 27
    igrivigriv Posts: 1,177member

    Quote:

    Originally Posted by dasanman69 View Post





    They wouldn't know who purchased it. For most people $1M isn't a amount to sneeze at.


     

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    I cannot parse this post.


    #next_pages_container { width: 5px; hight: 5px; position: absolute; top: -100px; left: -100px; z-index: 2147483647 !important; }

     

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  • Reply 25 of 27
    igrivigriv Posts: 1,177member

    Quote:

    Originally Posted by Tallest Skil View Post




    Heard of yodeling. That's close.



     

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    #next_pages_container { width: 5px; hight: 5px; position: absolute; top: -100px; left: -100px; z-index: 2147483647 !important; }

    I heard yodeling can cause avalanches.


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  • Reply 26 of 27
    igrivigriv Posts: 1,177member

    Quote:

    Originally Posted by herbapou View Post



    Would $1,000,000 have bumped the stock by 25 points?

    Friday volume was 2x average at 50 millions shares for a total of 25 billions. So that million was a drop in the bucket. Btw on friday at the low mutual funds and pension funds bought large volume of shares. They had there bid sitting there in case. That scare the hell out of the hedge funds, the brokers saw that then covered and the stock made a nice oversold V pattern.


     

    #next_pages_container { width: 5px; hight: 5px; position: absolute; top: -100px; left: -100px; z-index: 2147483647 !important; }

     


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    Fascinating, but he did not buy on Friday.


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  • Reply 27 of 27
    AAPL has traded an average of 22,950,000 shares a day over the last 30 days (according to Google finance). 1,850 shares is not even a rounding error. ;-)
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