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iCrash? AAPL Down 6% In Pre-Open, Breaks Below "No Brainer" $100 Level

Tyler Durden's picture




 

Paging Carl Icahn... AAPL shares just broke below $100 in the pre-open, the lowest since late October.

 

 

As a reminder, 181 hedge funds own AAPL...

 

"Smart" Money?

 

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Mon, 08/24/2015 - 08:07 | 6461448 XAU XAG
XAU XAG's picture

Apples are for............................eating.....................or making Cider

Mon, 08/24/2015 - 08:15 | 6461501 Looney
Looney's picture

Didn’t some Sovereign Wealth Funds (Norwegian?) load-up on APPL? ;-)

Looney

Mon, 08/24/2015 - 08:19 | 6461519 ZH Snob
ZH Snob's picture

they will gain it all back by lunch and headed for new ridiculous highs before the end of the week.

Mon, 08/24/2015 - 08:08 | 6461450 Callz d Ballz
Callz d Ballz's picture

Brains on concrete

Mon, 08/24/2015 - 08:09 | 6461454 Sir SpeaksALot
Sir SpeaksALot's picture

it s all STAGED, relax, sit back and watch :)

Mon, 08/24/2015 - 08:09 | 6461456 SSRI Junkie
SSRI Junkie's picture

remain calm, all is well

 

https://www.youtube.com/watch?v=zDAmPIq29ro

Mon, 08/24/2015 - 08:09 | 6461458 Sisyphus
Sisyphus's picture

ZH, kindly slow down, I am not young anymore. I am not able to keep pace with your posts.

Post an article
Take a 10 minute break
Post another article.

Mon, 08/24/2015 - 08:10 | 6461459 Chuck Knoblauch
Chuck Knoblauch's picture

I saw the $10k watch being used to order a pizza on a Pizza Hut commercial.

LOLOLOL

Mon, 08/24/2015 - 08:31 | 6461616 ThroxxOfVron
ThroxxOfVron's picture

Describe the person wearing it.

Mon, 08/24/2015 - 08:10 | 6461461 stant
stant's picture

Ma bell reduex

Mon, 08/24/2015 - 08:13 | 6461484 phoolish
phoolish's picture

tweet me if it's real.

Mon, 08/24/2015 - 08:14 | 6461493 ncdirtdigger
ncdirtdigger's picture

Good thing for all the liquidity eft's provide.

Mon, 08/24/2015 - 08:15 | 6461497 firstdivision
firstdivision's picture

The problem here is that they have revenue.  once they adopt the Twitter/Facebook/Amazon structure, the stock will be up-up and away.

Mon, 08/24/2015 - 08:17 | 6461514 Bangin7GramRocks
Bangin7GramRocks's picture

I know. $50 billion in profit. Eewwwww! Amazon is the growth company for me folks.

Mon, 08/24/2015 - 08:48 | 6461725 Oldwood
Oldwood's picture

Two birds in the bush worth more than one in the hand.

The bird in the hand is kind of skinny and shy of feathers, whereas those in the bush are most assuredly fat and fully feathered and unless action are taken immediately to capture them,will fly away to someone else's bush.

 

Mon, 08/24/2015 - 08:17 | 6461498 ThroxxOfVron
ThroxxOfVron's picture

iEEEEEEEEEEE

 

Ok, seriously: they are making a hell of a lot more money than almost anything else.

Starbucks and Verizon and Ford would love those margins.

Mon, 08/24/2015 - 08:17 | 6461512 NOZZLE
NOZZLE's picture

And yet Shitpotle Taco Stand stock is still at 720 or 735 overnight. 

Mon, 08/24/2015 - 08:17 | 6461518 katchum
katchum's picture

I didn't expect this could happen, it was rising so steadily...

Mon, 08/24/2015 - 08:18 | 6461529 NoWayJose
NoWayJose's picture

Just saw a recall on iphone6 for a camera problem. Basically wipes out any profit on those phones.

Mon, 08/24/2015 - 08:25 | 6461566 BringOnTheAsteroid
BringOnTheAsteroid's picture

And at what price did these dumb cunts buy back billions of stock?

Appears they are better electrical engineers than financial engineers.

Stupid fucking cunts.

Mon, 08/24/2015 - 08:29 | 6461601 Bangin7GramRocks
Bangin7GramRocks's picture

To borrow a line from Flavor Flav in describing Icahn, "meet the G dat kilt me!"

Mon, 08/24/2015 - 08:45 | 6461706 who cares
who cares's picture

The Apple is rotten and so it's falling.

Mon, 08/24/2015 - 08:51 | 6461752 I AM SULLY
I AM SULLY's picture

Crapple ...

Here is a song to listen to, today: https://www.youtube.com/watch?v=9vST6hVRj2A

Mon, 08/24/2015 - 10:42 | 6462975 nosam
nosam's picture

Who can afford an iProduct after an economic crash? Other than the chosenites?

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