The Macalope Daily: Shine on
Posted 18 December 2012 - 08:56 AM
I think think the volatility in AAPL might have some roots in the writings of several unskilled analysts as opposed to anything Apple is doing. What do you think?
Posted 18 December 2012 - 09:15 AM
Posted 18 December 2012 - 09:30 AM
The paranoid in me suggests manipulation because; how can people who claim to be 'analysts' be so summarily dumb?
Then, the pragmatic in me takes over and I decide that, yes, the obvious is true and they're simply dumber than a fortune cookie.
And this is just the latest in a long line of wildly off-the-mark analyses. How can anyone take them seriously? Ok, yeah, the nervous money-changers that contribute nothing to mankind and think of only extracting wealth for zero in return.
Posted 18 December 2012 - 11:03 AM
"Analysts" are in the "business" to make money. They are not a benevolent bunch of soothsayers.
They are in a position where they can influence the price of stocks just by uttering a few words. Of course they will use their position of "authority" to their own advantage. Downgrade Apple (or any other company) so that they can buy-in cheaply when the price hits bottom, then upgrade that same company and sell their stock to cash-in.
Posted 18 December 2012 - 01:51 PM
I think the SEC frowns on this, no?
This post has been edited by LynnRCarter: 18 December 2012 - 01:51 PM
Posted 19 December 2012 - 01:27 AM
They're trying manipulate the stock so they can sell more when the price goes down.
Posted 19 December 2012 - 08:39 AM