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AAPL Breaks $600 The Wrong Way

Tyler Durden's picture


UPDATE: AAPL $585 -3% at one-month lows

Volume picking up rapidly as the hedge fun horde starts to find exit doors are smaller than they hoped for...

Gap fill?


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Mon, 04/16/2012 - 09:53 | 2348316 battle axe
battle axe's picture

About time...

Mon, 04/16/2012 - 09:57 | 2348330 SilverTree
SilverTree's picture

Turn that frown upside-down.

Mon, 04/16/2012 - 09:58 | 2348333 Levadiakos
Levadiakos's picture

My shrinkwrapped mini-van reads: "I Buy Cash"

Mon, 04/16/2012 - 10:01 | 2348346 GetZeeGold
GetZeeGold's picture





Mon, 04/16/2012 - 10:05 | 2348360 I think I need ...
I think I need to buy a gun's picture

i actually went right to ebay this morning sold an ounce of gold to pick up nokia shares

Mon, 04/16/2012 - 10:06 | 2348364 Oh regional Indian
Oh regional Indian's picture

Nice one GetZ.






Mon, 04/16/2012 - 10:22 | 2348409 Comay Mierda
Comay Mierda's picture

wait for AAPL to retest 600 then pile on iShorts and iPuts.  this phucker will fall hard, lots of gaps to fill

Mon, 04/16/2012 - 10:29 | 2348440 A_S
A_S's picture

you might be underestimating the bubble pattern

Mon, 04/16/2012 - 10:32 | 2348446 The Big Ching-aso
The Big Ching-aso's picture



"Bob, your portfolio thanks to AAPL has never looked better."

"You mean better since 2008?"

"No, I mean since yesterday."

"I keep forgetting this is a long term investment."

Mon, 04/16/2012 - 10:51 | 2348495 NumberNone
NumberNone's picture

And i was one of the one's that openly mocked the famed 29 year trend line that Apple crossed.  Must follow the 29 year trend line...

Mon, 04/16/2012 - 10:13 | 2348382 Cast Iron Skillet
Cast Iron Skillet's picture

It's a ballroom blitz!

Mon, 04/16/2012 - 09:53 | 2348317 Ted Baker
Ted Baker's picture


Mon, 04/16/2012 - 09:59 | 2348337 Levadiakos
Levadiakos's picture

$590 at year end. dead munney

Mon, 04/16/2012 - 10:08 | 2348366 DormRoom
DormRoom's picture

Feel sorry for all the retails who bought in believing the hype as the hedgefunds were exiting.


Mon, 04/16/2012 - 10:10 | 2348377 Levadiakos
Levadiakos's picture

The HF are in deep. This is the last single stock name satnding for the retail investor. If retail isn't buying who is the HF going to sell to? 

Mon, 04/16/2012 - 10:05 | 2348347 Money 4 Nothing
Money 4 Nothing's picture

A Slice, Sir Issac already proved this theory. Apples never fall up.

I liked AAPL when she was slow and steady back in the day, predictability is all gone.

Mon, 04/16/2012 - 10:06 | 2348367 LongSoupLine
LongSoupLine's picture


Mon, 04/16/2012 - 10:08 | 2348369 Oh regional Indian
Oh regional Indian's picture

I looked at Apple at $12 Dollars in 99, thought, I'll buy WEBVAN!!!!!

And that is what I did.

The rest, is hisandherstory



Mon, 04/16/2012 - 10:17 | 2348393 Money 4 Nothing
Money 4 Nothing's picture

Cool.. AAPL has been very good to my family, but we bailed out right after '08 along with our CAT after it topped at $113.00, never looked back.

Mon, 04/16/2012 - 10:32 | 2348448 graymnzrc
graymnzrc's picture

That looks like about 420ish$ to fill that gap.

Mon, 04/16/2012 - 09:53 | 2348319 LawsofPhysics
LawsofPhysics's picture

Volume coming back today?  (Scramble, scramble, shuffle, shuffle)

Mon, 04/16/2012 - 09:55 | 2348320 X.inf.capt
X.inf.capt's picture

this is not good...


Mon, 04/16/2012 - 10:20 | 2348410 prains
prains's picture


Tue, 04/17/2012 - 03:09 | 2350697 Sokhmate
Sokhmate's picture

diet, please.

Mon, 04/16/2012 - 09:55 | 2348321 Diet Coke and F...
Diet Coke and Floozies's picture

Bullish for... What?

Mon, 04/16/2012 - 10:14 | 2348381 Id fight Gandhi
Id fight Gandhi's picture

Aapl is like the whole damn market. At least the Nasdaq.

Mon, 04/16/2012 - 09:55 | 2348322 WoodMizer
WoodMizer's picture

I was wondering why the nasdaq reversed so quickly this morning

Mon, 04/16/2012 - 09:54 | 2348323 SheepDog-One
SheepDog-One's picture

Oh my and just when everyone had $1,000 baked-in?

Mon, 04/16/2012 - 10:01 | 2348345 blu
blu's picture

If you are not bullish on Apple then you are not bullish on America.  /s

Mon, 04/16/2012 - 10:07 | 2348368 Cast Iron Skillet
Cast Iron Skillet's picture

ummm ... not bullish on China, where the things are made.

Mon, 04/16/2012 - 09:54 | 2348325 SHEEPFUKKER

Retail sales up, AAPL down.  LOL!!

Mon, 04/16/2012 - 10:03 | 2348353 Bodhi
Bodhi's picture

Apple IS retail.  Who buys anything except for iPads or iPhones anyway?

Mon, 04/16/2012 - 09:54 | 2348329 Bicycle Repairman
Bicycle Repairman's picture

Ship.  Sinking.  Rats. Exit.

Mon, 04/16/2012 - 09:58 | 2348334 Debtless
Debtless's picture



Mon, 04/16/2012 - 10:23 | 2348417 IToldYouSo
IToldYouSo's picture

iGiggled (alot)

Mon, 04/16/2012 - 10:00 | 2348340 insanelysane
insanelysane's picture

Taxes due tomorrow, need to raise cash today.

Mon, 04/16/2012 - 10:01 | 2348342 Levadiakos
Levadiakos's picture

Sell in May.........Oh wait!

Mon, 04/16/2012 - 10:00 | 2348343 jay28elle
jay28elle's picture

Red delicious aapl today.

Mon, 04/16/2012 - 10:02 | 2348349 GrinandBearit
GrinandBearit's picture

$100 stock, at best.

Mon, 04/16/2012 - 10:02 | 2348350 Everybodys All ...
Everybodys All American's picture

this one is ripe. Might even be the one problem that Bernanke can't overcome no matter how much of our money he spends propping this crap up.

Mon, 04/16/2012 - 10:04 | 2348355 Seasmoke
Seasmoke's picture

hopefully Steve Jobs will come back and save them again

Mon, 04/16/2012 - 10:08 | 2348373 Cast Iron Skillet
Cast Iron Skillet's picture


Mon, 04/16/2012 - 20:12 | 2350140 StychoKiller
StychoKiller's picture


Mon, 04/16/2012 - 10:03 | 2348356 EscapeKey
EscapeKey's picture

Still not sure why anyone willingly buys those closed-platform overpriced devices.

Mon, 04/16/2012 - 10:05 | 2348363 slaughterer
slaughterer's picture

Now that ZH has had its maximum Schadenfreudemoment, time to buy AAPL at $585. 

Mon, 04/16/2012 - 10:11 | 2348378 jcaz
jcaz's picture

Ya, catch that falling knife- go ahead....

Mon, 04/16/2012 - 10:24 | 2348416 slaughterer
slaughterer's picture

I did...

Mon, 04/16/2012 - 13:07 | 2348949 fuu
fuu's picture

Good luck on the BAC like bounce.

Mon, 04/16/2012 - 10:13 | 2348384 fuu
fuu's picture

I'm still bullish on Schadenfruede.

Mon, 04/16/2012 - 10:25 | 2348428 Scalaris
Scalaris's picture

I don't know, I'm thinking that the January-April share price movement was somewhat "unorganic", so I'm guessing that it might be trading around $540-$550 as a floor if there's another market capitulation due to Eurozone bearishness around July-August, but it might be short-lived due to the revealing of the new iPhone, MacBook Pro line etc, where the share price will be, and I'm guessing again, trading at levels considerably higher than $600.

The above speculation does not take into consideration any further monetary easing market pump by unkle Ben.

Mon, 04/16/2012 - 10:07 | 2348372 Race Car Driver
Race Car Driver's picture

See: Ed Bernays

Mon, 04/16/2012 - 10:03 | 2348357 I Am Not a Copp...
I Am Not a Copper Top's picture

It may turn into a Great White concert


Yes I know that is completely tasteless - sorry in advance

Mon, 04/16/2012 - 10:05 | 2348359 Ayn Rand
Ayn Rand's picture

This can't be.   Just last week Jim Cramer said to buy, buy, buy.

Mon, 04/16/2012 - 10:24 | 2348426 CPL
CPL's picture

There just aren't enough shoes to throw at the TV.

Mon, 04/16/2012 - 10:28 | 2348438 Downtoolong
Downtoolong's picture

Then it definitely is.

Mon, 04/16/2012 - 10:31 | 2348444 Money 4 Nothing
Money 4 Nothing's picture

I read the first 3 chapters of Jim Cry-mores book "Getting back to zero" and I don't get it? I want a refund.

Mon, 04/16/2012 - 10:06 | 2348361 fuu
fuu's picture


Mon, 04/16/2012 - 10:11 | 2348376 blu
blu's picture

I felt a great disturbance in the Force! As if a million hedge fund managers cried out in fear and went silent.

Mon, 04/16/2012 - 10:14 | 2348389 fuu
fuu's picture

We'll never be that lucky.

Mon, 04/16/2012 - 10:05 | 2348362 PaperBear
PaperBear's picture

New Jose Escamilla Film… “UFO: The Greatest Story Ever Denied”… A Next Step in Disclosure?

So far watched 1h20m of this 1h43m video.

“ “The US Airforce assures me that UFO’s pose no threat to National Security.” – President John F. Kennedy. -- They NEVER said they don’t exist.”

6m25s “The Disclosure Project: Astronaut Edgar Mitchell, Apollo 14 – sixth man on the moon, Colonel Philip J. Corso, Head of Foreign Technology - The Pentagon, Astronaut Gordon Cooper.”

7m32s “Houston, this is Discovery – we still have the alien spacecraft under observance.”

8m00s “The nations of the world will unite, for the next war will be an interplanetary war. The nations of the earth must someday make a common front against attack by people from other planets.” General Douglas MacArthur – October 8, 1955.

24m “Scott Carpenter – Mercury 7 Astronaut.”

37m20s “And these are folks who have been involved in so called ‘black’ budget or covert unacknowledged projects … and they are sitting on technologies that can change the world forever.”

38m20s “They have been first hand witnesses to some of the most important events in history of the human race.”

39m10s “I have personally briefed a sitting director of Central Intelligence, James Woolsey, President Clinton’s first CIA director. I have personally briefed the head of the Defense Intelligence Agency, the head of Intelligence Joint Staff.”

41m25s “Governments must never lie to the people.” – Absolutely agree.

49m05s Is that video of an actual crash ? We hear the sound of final impact with the ground but how far away from the location is the filming position because there was hardly any delay between sight and sound ? Unless the sound was

55m45s “We are not in Kansas any longer.” – He’s got that right.

59m Mars: “Rectangular and other patterns.” - Uniform enough to be artificial ?

1h2m5s “By the way, we’ve discovered a base on the back side of the moon.”

1h5m “The Horizon Lunar Outpost Project 1959.”

1h7m30s “I wouldn’t believe this even if it were real.”

1h7m55s “38 levels above TOP SECRET, the highest is COSMIC, President of the USA #17 level. Only 25 people have been cleared to the #38 level. No president has been cleared for COSMIC level.”

1h9m5s “President Eisenhower … realised he was losing control.”

1h10m30s “National Reconnaissance Office” – combining the CIA and Department of Defense.

1h11m05s “Alien Contact Intelligence Organisation.”

1h13m “if people find out what we’ve done, they’ll chase us down the street and lynch us.” George Herbert Walker Bush.

1h15m55s “Gordon Creighton, Military Intelligence – Ministry of Defense: Measures have been taken by agencies to terminate people who appear to be inconvenient or troublesome through knowing too much.”

1h17m “Secretary of Defense James Forrestal commits suicide… leaped from the 16th floor of the naval hospital in Bethesda.”

1h19m “National Security Council, National Security Planning Group – no Congressional oversight.”

1h35m50s “Senator Daniel Inouye: A shadowy government with it’s own airforce, it’s own navy, it’s own fund raising mechanism and the ability to pursue it’s own ideas of national interest, free from all checks and balances and free from the law itself.”

It is time for the human race to wake up and take down the enemy within.

Mon, 04/16/2012 - 10:20 | 2348407 MachoMan
MachoMan's picture

So is that where all the gold in fort knox went, space?  We can't tells nobody cause the aliens 'll get us?

Eisenhower was losing control to the MIC...  I see nothing to suggest the MIC's expansion is anything other than a natural progression of the dance between self interest and collusion.  If he never had clearance to know about aliens, then how would he know that he was losing control to an apparatus pertaining to our involvement with them.

In the end, the desperate human requirement to believe in a higher power leads us to not only god, but aliens as well...  (it also causes us to overshoot in our projections of the power and influence of the MIC as well as its ability to control the general environment).  Fortunately or unfortunately, it's just us.

Mon, 04/16/2012 - 20:16 | 2350148 StychoKiller
StychoKiller's picture

Any intelligent life out there is doing the most intelligent thing:  Avoiding us like the plague!

Mon, 04/16/2012 - 10:22 | 2348414 LongSoupLine
LongSoupLine's picture

Papa bear,

Some advice. If you're going to hijack a thread, do it with grace and quick summary format. Finally, never...and I mean never, hijack a thread whose subject matter is the welcome bashing of AAPL.

Mon, 04/16/2012 - 10:29 | 2348443 PaperBear
PaperBear's picture

Wrong thread ... wrong life ... oops, end of life.

I'll watch out for a more appropriate threaad in future.

Mon, 04/16/2012 - 16:04 | 2349568 AustriAnnie
AustriAnnie's picture

The Krugman bashing articles might be more appropriate.  Krugman and aliens.  They have a thing, apparently.

Mon, 04/16/2012 - 10:28 | 2348436 Money 4 Nothing
Money 4 Nothing's picture

Right Church, wrong Pew..  GW's thread is that a-way >>>>>>>>>>

Mon, 04/16/2012 - 10:14 | 2348386 Catullus
Catullus's picture


But that have a huge cash horde that positively no one in DC is chomping at the bit to extract from them.

Mon, 04/16/2012 - 10:18 | 2348401 MFL8240
MFL8240's picture

More news from the casino.

Mon, 04/16/2012 - 10:18 | 2348402 navy62802
navy62802's picture

BATS must be gearing up for another IPO. :-P

Mon, 04/16/2012 - 10:23 | 2348419 midgetrannyporn
midgetrannyporn's picture

Only insiders are smart enough to sell at $600+. CALpers will wait to sell until it hits three fiddy ($3.50).

Mon, 04/16/2012 - 11:18 | 2348598 SheepDog-One
SheepDog-One's picture

What about the Jews??

Mon, 04/16/2012 - 10:25 | 2348423 CPL
CPL's picture

April 10th call while arguing with some dumb cocksucker on here abotu Apple Value...whatever the fuck that is.  I'm standing by it.


It'll float down to 550 over the next two weeks.

Stay for a week in ranged trading  <-- central banks intervene here


If they don't intervene:

Drop to 280 for a day the algos kick in and bring it to proper valuation of around 87 dollars.

Then the lawyers come out of nowhere and sue the company to around 3.87, like the last four times in it's history.


If they do intervene:

Rise to 780 per share, no dividend offered for another ten years.

8 dollars per gallon in the US, 9.76 for Diesel.  Market crashes anyways because no one can afford to drive anywhere unless using a moped.



Apple simply cannot, has not, will not stand on it's own without the central banks using it as a market anchor.  In engineering it's called a single point of failure.

Mon, 04/16/2012 - 10:57 | 2348513 DCFusor
DCFusor's picture


Short aapl since 630.  Yeee-haaaaw.

Mon, 04/16/2012 - 10:58 | 2348530 MeanReversion
MeanReversion's picture

 While I'm neutral to negative on Apple, your 'analysis' is a beacon of idiocy.  

Mon, 04/16/2012 - 11:10 | 2348564 CPL
CPL's picture

It's still right on the money now isn't it?


And that's all that matters with stocks.



Mon, 04/16/2012 - 11:45 | 2348702 MeanReversion
MeanReversion's picture

You're right about half baked crackpot analysis? You should throw in the Bavarian Illuminati, the NWO, the Bilderbergs, Freemasons and the Pythagorean theorem into your stupid analysis, might as well.


Mon, 04/16/2012 - 12:37 | 2348872 Levadiakos
Levadiakos's picture

 St. Malachy, (d. 1148) Irish Bishop and Seer, produced an accurate list of future popes which began with Pope Celestine II in the year 1143. His list consists of a single line which gives a clue to the characteristics of each pope. From this list of 112 popes there is to be just one more after Pope Benedict XVI. 


Pope Benedict XVI Celebrates 85th Birthday

ABC News (blog)‎ - 3 hours ago  Pope Benedict XVI is now the oldest pope in the past 109 years and...

Mon, 04/16/2012 - 14:06 | 2349136 CPL
CPL's picture

Enjoy your bag holding for nothing chump, I'm glad you are here though.  Otherwise I wouldn't have anyone to take money from.


My call is based on what my Algo box tells me, which point blank says apple is fucked.  I trade on the same information everyone else is privy to.  Want to see revised numbers from the April 10th call.  I know you are staring at your "value" turnign into dust and you are probably too stupid to have a stop loss on your purchase.


So I'll hazard a guess you have lock jaw.  You are unable to sell because you "hope" on "faith" it'll get back to a level you can recoup whatever from your lousy entry.  You are also probably stupid enough to follow with that tired retail idea of averaging down...for what..averaging right into the poor house.

Here's a tip.  Get 3 grand and rent an Algo trading box for a year and take the training.  Life gets much easier after that instead of "value" investing.  LOL!  I have some valuable BreX stock you can own, next to my Tyco stock.


AAPL Optics as of 2pm EST April 16th 2012


PRICE        586.34, -18.89 pts (-3.1%), Monday 16 Apr 2012, 1:55 pm ET (15-20 min delayed)
-9, excessive down from yesterday's close, expect to pause/stop.
Daily typical price range from yesterday's close : ± 9.38 pts, ± 1.6%
   1.5x: ± 14.07 pts, ± 2.4%
   2x:    ± 18.76 pts, ± 3.2%
86% of the time a stock's intraday price remains within the 2x range.

VOLUME        26.18mil shares, +161% compared to typical volume of 10.05mil by 1:55 pm ET (15-20 min delayed).

High Volume alert!
Typical daily volume is 17.03mil shares over the past 6 months.

Probability - Intermediate trend bearish, Unsustainable uptrend, may turn sideways.
    Confirmation - Strong bearish 3 day chart pattern with Extreme 3 day distribution.
    Confirmation - Extreme bearish 1 day moneyflow
    Confirmation - CONFIRMED breakdown below 591.41, no support in area just below.


586.34, just below support, 601.2 ± 9.62, type single, strength 8
Resistance Above : +2.5% at 601.2 ± 9.62, type single, strength 8
Support Below : -7.2% at 544 ± 8.7, type single, strength 8



+2.5% at 601.2 ± 9.62, type single, strength 8
+7.8% at 631.8 ± 10.11, type single, strength 8


-7.2% at 544 ± 8.7, type single, strength 8
-14.5% at 501.6 ± 8.03, type single, strength 8
-21.6% at 459.6 ± 7.35, type single, strength 1
-23.7% at 447.5 ± 7.16, type single, strength 1
-27.9% at 422.5 ± 6.76, type triple+, strength 10
-31.5% at 401.9 ± 6.43, type triple+, strength 10
-33.9% at 387.8 ± 6.2, type triple, strength 9
-36.9% at 370.3 ± 5.92, type double, strength 10



Mon, 04/16/2012 - 10:34 | 2348449 TWSceptic
TWSceptic's picture

The fundamentals are still pretty good for Apple I believe, but I wouldn't be a buyer at this price, too much risk involved.

Mon, 04/16/2012 - 10:54 | 2348498 IAmNotMark
IAmNotMark's picture

Let's see...fundamentals check:

Overseas slave labor getting restless?  Check!

Company driving visionary dead? Check!

A half-dozen profitable toys to sell?  Check!

Insane bubble in stock?  Check!

Company based in a basketcase state?  Check!

Am I missing anything?

Mon, 04/16/2012 - 12:07 | 2348779 TWSceptic
TWSceptic's picture

1) they still need those jobs

2) so far Tim Cook has done just fine, Apple has been doing fine, and it's not like suddenly all creativity is gone or something. It was teamwork and still is

3) Apple TV may take over a large part of the TV market

4) The thing about a bubble is, you never really know for sure if you're actually in one

5) I'm sure this is not what makes the difference for Apple

6) Yes: it's still a company that produces quality products with high satisfaction among their customer base. Growth is still possible based on that if they can keep innovating. The things you mentioned could be said about almost any other tech company.

Mon, 04/16/2012 - 12:24 | 2348828 Wixard
Wixard's picture

apple TV will fail, similar things have been tried before and the cost that's going to be required upfront to the consumer won't be justifiable.There's no way.

Mon, 04/16/2012 - 14:43 | 2349259 theprofromdover
theprofromdover's picture

Apple TV will not fail. You are confusing conventional TV with the TV of the future.

The kids of today don't watch TV at all, they use You-Tube and Visio and anything else that their peers suggest to them.

I betcha Apple has that figured out; just like I-tunes, they'll tie up all old broadcasts into a licence deal, and squeeze the advertisers, and make a whole new fortune.

$600, try $1,500 if the markets are still standing in 2 years -by then they will be forced to break themselves up.

Moi, I don't own a single Apple product ('cept I-Player Pro)

Mon, 04/16/2012 - 10:41 | 2348460 MeanReversion
MeanReversion's picture

Apple is too expensive for the average retail investor.  There are a very small percentage of retail accounts holding Apple directly (i.e., not via ETFs or funds).

Mon, 04/16/2012 - 10:44 | 2348467 tahoebumsmith
tahoebumsmith's picture

For those watching AAPL begin its capitulation here's my advice. Relax and calm down to a nice movie from NFLX and a soothing cup of coffee from GMCR... LOL CAPITUBITCHEZ...

Mon, 04/16/2012 - 10:52 | 2348489 Uchtdorf
Uchtdorf's picture

iChart. Be sure to stand at the appropriate distance when viewing.

Mon, 04/16/2012 - 10:54 | 2348500 Shizzmoney
Shizzmoney's picture

$600 per share.  LOL

Mon, 04/16/2012 - 10:56 | 2348503 FinkPloyd
FinkPloyd's picture

Not this time tyler ... news from 8 mins ago:


Rumor has it that “iPanel” will be the name of a yet-to-be-announced device that will allow Apple to spread its wings into one key area where it has historically been absent: television. The iPanel will reportedly be the latest evolution in television, equipped with advanced features such as a computer, a media hub and a gaming center.

Essentially, the iPanel would be to the TV what the iPhone was to the cell phone – a substantial improvement and a product unto itself. Some have speculated that the device could be released as early as year’s end.

An iPanel would be a game-changer for a company that is already prospering like never before. After researching the potential impact of a so-called iPanel, Jefferies analyst Peter Misek has upped his price target for Apple to $800 per share – a 27% jump from its current price of $630 per share. 

Mon, 04/16/2012 - 11:11 | 2348559 writingsonthewall
writingsonthewall's picture

Welcome to PUMP AND DUMP!


Think about it - Apple going into an already competitive and established TV market?


Nah - if they are foolish enough - they will be burnt.


Remember it's diversification which curtails most giants of the stock market - Enron, IBM, SONY - even Microsoft to a degree (trying to break the game market with the x-box)


Playing with stuff they don't understand in order to maintain falling market share caused by this:


All history repeating itself - but with Apple it will be different?


Charge a buck everytime you hear it will be different (and it's not) and it's a sure fire way to a fortune!

Mon, 04/16/2012 - 12:17 | 2348801 mogga71
mogga71's picture

ahh I see ...... just as well they didn't enter into the phone market when many people said they were crazy ..... just as well they didn't enter the tablet business either ... as better companies had already failed.

Look around you ... how many people have got iphones and ipads.  Do you honestly believe that most of these people will suddenly switch over to Andriod devices?  The iphone 5 will very probably be their best selling product ever.  If anything they are becoming even more popular.

The only way I can see Apple lose a whole lot of money is if there is a severe recession .... oh wait a minute ..... sheeeeeeeeeet

Mon, 04/16/2012 - 13:43 | 2349065 jcaz
jcaz's picture

Ya, cause that Steve Jobs has lotsa new ideas.....

What's that?   He's dead?


Mon, 04/16/2012 - 16:15 | 2349607 AustriAnnie
AustriAnnie's picture

Problem is, what does the current stock price really have to do with the products apple sells?

Mon, 04/16/2012 - 20:26 | 2350167 StychoKiller
StychoKiller's picture

You bring up an interesting question:  How large can a company grow before it runs into the walls of its Petri dish?

Mon, 04/16/2012 - 11:22 | 2348609 JW n FL
JW n FL's picture



High Hoe..

High Hoe..

It's off to short I go!



Mon, 04/16/2012 - 11:35 | 2348678 eri
eri's picture

Sell before May and go away


Mon, 04/16/2012 - 11:58 | 2348758 sasebo
sasebo's picture

icrap -------------

Mon, 04/16/2012 - 12:32 | 2348847 icanhasbailout
icanhasbailout's picture


Mon, 04/16/2012 - 13:35 | 2349039 Debtless
Debtless's picture

He who iPanics first, panics best.

Mon, 04/16/2012 - 14:41 | 2349253 devo
devo's picture

They're just engineering a short squeeze.

Though, this thing should drop to 502 and possibly 455.

Mon, 04/16/2012 - 15:25 | 2349399 Grand Supercycle
Grand Supercycle's picture
AAPL parabolic irrational exuberance

Vertical moves for any stock,commodity etc are unsustainable.

The inevitable reversal should be spectacular.


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