Apple is down 5% today. I can't seem to find any negative news on the company reported. Is it round 2 of frantic selling?
Beats me. I keep buying options on the stock as it goes down, thinking maybe it has hit bottom. But no bottom so far. It sure would be nice if we could hear something reassuring from Tim Cook and the boys, but they remain silent.
Yea, the stock is like a black hole now. Unless they come back and announce a huge dividend or a completely new product, I don't see any hope for it in the short-term...Time Cook's time could be nearing.
Apple suppliers expect weak demand from their main buyer = Apple expects weak demand.