Who's Behind AAPL Stock Manipulation?
And the question may also be, "Is AAPL being manipulated?"
As of this second, AAPL is now down to 240 from a recent high of 272...
Is the entire market this loopy, or is special attention being paid to AAPL by market manipulators?
(UPDATE: AAPL now at 230, a drop of 10%+!!! as of 11:48 AM West Coast time)
(YET ANOTHER UPDATE: AAPL now at 243.82, as of noon West Coast)
Man, what a slaughter...
As of this second, AAPL is now down to 240 from a recent high of 272...
Is the entire market this loopy, or is special attention being paid to AAPL by market manipulators?
(UPDATE: AAPL now at 230, a drop of 10%+!!! as of 11:48 AM West Coast time)
(YET ANOTHER UPDATE: AAPL now at 243.82, as of noon West Coast)
Man, what a slaughter...
Comments
I have been buying oil puts since December a bit at a time, I was down 80%, now I am up 20%, all in one week.
It will be freefall for all risk assets, and for treasury yields, if the EU comes out with anything less than a trillion dollar bailout, IMHO.
I have been buying oil puts since December a bit at a time, I was down 80%, now I am up 20%, all in one week.
I know too many people who have been bankrupted by shorting stocks in this market. Good luck to you.
I know too many people who have been bankrupted by shorting stocks in this market. Good luck to you.
I have put options, which means that my total loss is limited to my investment (10% of my net worth, it would hurt to lose it, but not bankrupt me). And the upside is 1000% return if the oil price crashes like it did last year.
A pure short has unlimited loss potential, and lower return on a win - but it does not have a time limit and it allows you to put the proceeds of the short into a pairs trade. Personally, I never do a pure short, because I don't sleep well at night with unlimited loss potential.
I have put options, which means that my total loss is limited to my investment (10% of my net worth, it would hurt to lose it, but not bankrupt me). And the upside is 1000% return if the oil price crashes like it did last year.
A pure short has unlimited loss potential, and lower return on a win - but it does not have a time limit and it allows you to put the proceeds of the short into a pairs trade. Personally, I never do a pure short, because I don't sleep well at night with unlimited loss potential.
To be honest with you, I don't involve myself in trades I cannot fully grasp as far as the total downside is concerned, so I understand your comment about unlimited risk. A "put" implies a risk that is a bit safer, but it's really not a strategy for me.
What do you know, it is a trillion dollar bailout (750 billion Euros). And US taxpayers are paying 65 billion of it as part of the $400 billion IMF contribution.
And Freddie just asked for 10.6 billion and Frannie just asked for 8.4 billion
60 Minutes aired a feature how to walk away from your mortgage, now everyone wants to do it.
600,000 defaults from the GSE´s in January 2010 alone vs 300,000 from the private sector.
Thank you Congress for doing such a wonderful job socializing the sub-prime housing market, sure your going to do a wonderful job with health care too. *rolls eyes*
Google ¨Section 9006 of the health care bill CNN money¨ for another surprise.