[Macworld]

Post your comments for The Macalope Daily: Shine on here

[lkrupp]

Can anyone explain the sudden 180° turn by analysts? From $1000/share to irrelevancy and bankruptcy overnight? Really?

The law of large numbers finally in play?

[StefN]

Bears? More like Zombies: To the undead everything is dying.

[LynnRCarter]

After some questionable analysis on Friday leads APPL to spend a few minutes under $500 a share, it ends Monday at 525, a 5% gain. Today it's currently up again today.

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?

[markbyrn]

The fact that these so called the analysts have the ability to artificially manipulate stock prices, where is the regulation or accountability of this enterprise? They have as much credibility and accuracy as a fortune
cookie.

[DonSmith]

markbyrn - You've insulted fortune cookies everywhere!

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.

[BrianFromBoston]

How about people just taking their capital gains this year before the tax on gains goes up on 1/1/13?
Do these ANALists have any idea what the real world is doing?

[Harvey]

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Can anyone explain the sudden 180° turn by analysts? From $1000/share to irrelevancy and bankruptcy overnight? Really? The law of large numbers finally in play?

"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.

[LynnRCarter]

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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.

I think the SEC frowns on this, no?

This post has been edited by LynnRCarter: 18 December 2012 - 01:51 PM

[glj]

Quote

How about people just taking their capital gains this year before the tax on gains goes up on 1/1/13?

I did that, and then bought most of my AAPL shares right back.

[Dennistrator]

Maybe the analysts are performing a group Kass maneuver- talking down Apple stock until the price is just too attractive to pass up.

[robogoboqfy1]

Quote

Can anyone explain the sudden 180° turn by analysts? From $1000/share to irrelevancy and bankruptcy overnight? Really? The law of large numbers finally in play?

They're trying manipulate the stock so they can sell more when the price goes down.

[romad]

Maybe they are reacting to the latest series of Apple missteps: Maps in iOS 6; iTunes 11; non-user upgradable RAM in the iMac, etc., etc., etc. When a company seems to be going out of their way to alienate their core user base, it is usually poor management. I've been an Apple user for almost 30 years, and to me it looks like the Scully/Spindler/Amelio days are coming back.