Moved to GD: Apple stock is up...???

fishcarp

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...



[ 01-27-2003: Message edited by: Fran441 ]</p>

dylsexic manupilator

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]" />

superkarate monkeydeathcar

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.

dgmvw

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>

fishcarp

[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>

xype

I'm not sure whether it's sad or funny that people get all confused when Apple's stock is up.

transcendental octothorpe

And now only $0.30 up.

dylsexic manupilator

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]" />

macsrgood4u

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>

fran441

Moving to General Discussion.