This page has been archived and commenting is disabled.

How Long Until The Bank Of Israel Has To Be Bailed Out On Its Apple Investment?

Tyler Durden's picture


In what was likely the most ominous news from last week (and a near certain top for the stock) we reported that now none other than the Israel Central Bank was going long shares of AAPL. While the implications for stocks in general are extensive and were previously discussed, it is worth noting that the Israel Monetary Authority now has a big MTM loss on its Apple investment (although as Greece and the ECB have taught us, a central bank can book a "profit" even when a given security is trading at an all time low, and completely irrelevant of what one's cost basis is). And where Israel is, it is quite certain that other central banks have boldly ventured as well. So how long until the Fed has to open an FX swap line with Tel Aviv to bailout Stanley Fischer in this latest of hare brained schemes to keep the Ponzi system going? And how long until it has to be extended to the nearly 250 hedge funds who are now also long the stock, with the universe of incremental buyers disappearing by the day? What is most stunning is that Apple dipped a modest 3% intraday... Which just happened to be the biggest decline since November 2010.


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 03/05/2012 - 12:29 | 2224102 LawsofPhysics
LawsofPhysics's picture

As long as the volume is only trade-bots, never.  next question.

Mon, 03/05/2012 - 12:33 | 2224114 resurger
resurger's picture

blow off some candles ...

Mon, 03/05/2012 - 12:40 | 2224135 Mark Carney
Mark Carney's picture

Seems as though the post rate on ZH has gone down drastically.  NDAA in full effect?


On a long enough timeline (thanks to NDAA) the post average on ZH will reach ZERO.

Mon, 03/05/2012 - 12:41 | 2224141 SheepDog-One
SheepDog-One's picture

Apple bulls busy applying ointment to their bashed nutsacks.

Mon, 03/05/2012 - 12:45 | 2224161 resurger
resurger's picture

the Bears decided to gang bang goldilocks!!


Mon, 03/05/2012 - 13:11 | 2224262 The Big Ching-aso
The Big Ching-aso's picture



Well ya know that Garden of Eden thing started with an apple and it probably ends with an aapl.

Mon, 03/05/2012 - 15:15 | 2224806 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

And the common thread was getting F*uck'd !

Mon, 03/05/2012 - 13:11 | 2224267 blindfaith
blindfaith's picture



You can bet the Saudi Prince is NOT happy owning 10% of Apple...but then again Stevie sold it to him for $12.00 a share.  "Friends" count.

Frankly, Apple can go down hard to a buck, they deserve it after all the horid 'right-wing-nut' anti freedom, anti privacy, anti civil rights effords they have funded.


Makes me want to puke to see their crap in the schools that MY MONEY is funding.

Mon, 03/05/2012 - 13:25 | 2224313 Disenchanted
Disenchanted's picture


If Israel/Fischer/Rthschld said it was going long US Equities, it probably really meant they were dumping them...


right out of the Goldman/Rthschld/Buffet playbook, no?


"See these great opportunites(that we hold massive quanties of), we think you should buy them(we're cleansing our portfolios of same)."


Mon, 03/05/2012 - 13:58 | 2224448 Donnie Duvanie
Donnie Duvanie's picture

Don't forget Saul Alinsky, you forgetful buffoon! Oh, sorry. That's politics, which has nothing to do with anything.

Mon, 03/05/2012 - 13:45 | 2224383 Dr. Engali
Dr. Engali's picture



"'right-wing-nut' anti freedom, anti privacy, anti civil rights effords they have funded"

Curious that it's the left wing crazies that are implementing all of these policies.

Mon, 03/05/2012 - 15:02 | 2224744 TheRealMrNatural
TheRealMrNatural's picture

Actually, Doc, that is something on which the left and right have fully cooperated.  See the man, HR.347.


Mon, 03/05/2012 - 14:50 | 2224668 SAT 800
SAT 800's picture

You could of put that more tactfully. !  I was just thinking, vis a vis the statement of the intra-day dip; and what have you; maybe they really do ring a bell at the market top; DING !.

Mon, 03/05/2012 - 12:44 | 2224156 Hansel
Hansel's picture

It's pretty normal.  In a bull market the traffic on all finance sites goes way down.

Mon, 03/05/2012 - 12:45 | 2224160 MillionDollarBonus_
MillionDollarBonus_'s picture

I must admit my retail stock portfolio has been underperforming for some time now given Bernanke's ridiculous and childish hawkishness. I'm sick of this blatant manipulation of retail stocks by stingy CB's and impotent primary dealers. I'm seriously considering taking everything out of the stock market, putting it into US treasuries and just going off the grid – you know, just to teach them a lesson. Equity investors have sacrificed a lot for this country, and the lack of liquidity from central banks has been simply appalling.

Mon, 03/05/2012 - 12:58 | 2224213 UBIGDummy
UBIGDummy's picture

You missed a big window of opportunity for your satire.


It should have been along the lines of, Oh great, so the bank of Israel is gambling with US FOREIGN AID of 3 billion a year, and now took it to the Casino.  Where do I sign up to pay more taxes to fund Israel's foreign aid some more?



Mon, 03/05/2012 - 13:47 | 2224393 Abitdodgie
Abitdodgie's picture

3 Billion are you kidding we give them 50 Billion a year.  I mean come on what can you buy with 3 Billion its chump change.

Mon, 03/05/2012 - 15:32 | 2224917 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

"Israel is gambling with US FOREIGN AID..."

Not necessarily...

a. Israel announces it is 'investing' in AAPL stock, baiting the hook,

b. AAPL stock climbs nicely as more fish bite, a few days later,

c. One or more 'sell' orders pound the stock,

Is this reminiscent of Hilliary's cattle futures trade?

Who was behind these sales?

The best place to hide something is in plain sight.

Just sayin'...

Tue, 03/06/2012 - 02:19 | 2227146 Joseph Jones
Joseph Jones's picture

I'm so especially fond of the fact that the USA does not institute a government religion HERE, but rather it's OK to fund Israel with $3B a year...Israel being a country where they have a mandatory draft for government service (both genders) but "ten thousand" yeshiva students (Rabbi schools) are exempt...all male of course!  (You gals might also love the favorite Rabbinical praise to their Satanic god: "Thank you for not making me a woman.") 

Don't hold your breath waiting for any protests over here. 

Mon, 03/05/2012 - 13:04 | 2224217 Dr. Engali
Dr. Engali's picture

I'm seriously considering selling all my gold, silver, guns and beans and throwing everything I have into the market. I'll probably move into an inner city and live totally dependent upon the grid. I have put my full faith and trust into the Bernank with his digital money and Obama with his god like vision for the country. The future is bright. 

Mon, 03/05/2012 - 13:12 | 2224269 unrulian
unrulian's picture

i'll take your beans

Mon, 03/05/2012 - 13:50 | 2224404 Abitdodgie
Abitdodgie's picture

I will do you a favor give me a price for the job lot and I will take it off your hands.

Mon, 03/05/2012 - 19:43 | 2226159 Bollixed
Bollixed's picture

Move over MDB, there's a new sheriff in town, baby.

Mon, 03/05/2012 - 12:59 | 2224219 LawsofPhysics
LawsofPhysics's picture

Strange, my commodities portfolio has love uncle Ben.

Mon, 03/05/2012 - 13:48 | 2224395 FL_Conservative
FL_Conservative's picture

Catch the knife!!  Hurry!! Somebody catch the knife!!  Anyone.    Beuller.....Beuller.....Beuller.....

Mon, 03/05/2012 - 12:31 | 2224107 dwdollar
dwdollar's picture

The new new shekel?

Mon, 03/05/2012 - 12:45 | 2224158's picture

Doesn't the Torah warn that one should beware of snakes bearing AAPLs?

Mon, 03/05/2012 - 12:58 | 2224215 john39
john39's picture

that's why the Talmud effectively supersedes the Torah in practice...

Mon, 03/05/2012 - 15:19 | 2224833 tamboo
Mon, 03/05/2012 - 12:31 | 2224109 Ahmeexnal
Ahmeexnal's picture

They will sell a couple days (hours?) after the iPad extreme party.

It's the rest of the bagholder sheep who shall be the ones to weep.


Mon, 03/05/2012 - 12:31 | 2224110 SheepDog-One
SheepDog-One's picture

Tectonic shit plates under Israel under tremendous pressure, lead to what? Shitquake. 

Mon, 03/05/2012 - 12:42 | 2224145 FranSix
FranSix's picture

The Shit Hawks Are Coming, Mr. Bubbles (now in HD!!)

Mon, 03/05/2012 - 20:52 | 2226308 Dead Canary
Dead Canary's picture

Krapatoa, the shit volcano!

Mon, 03/05/2012 - 12:35 | 2224120 NotApplicable
NotApplicable's picture

"Paging Brian Sack."

Mon, 03/05/2012 - 12:48 | 2224174 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Sackman to BTFD.

Mon, 03/05/2012 - 12:37 | 2224123 Sutton
Sutton's picture

I thought Jews were smart.

They win all of the hard Nobels.  The darkies win the fuzzy, soft ones.

Mon, 03/05/2012 - 12:49 | 2224176 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The Jews are from Africa.

Mon, 03/05/2012 - 13:47 | 2224298 zerozulu
zerozulu's picture

No. You are looking the picture from the wrong side. They are not "FROM" but "TO" where the money is. Look at the link below and see. They were everywhere, wherever the money was. When they "rob" their money with the financial trickery and get their ass kicked, move to new rich territory. Problem right now is that Chinese are no fools and their planed new destination "India" turned out to be a complete bust.

Pay attention to the dates in this list.

Mon, 03/05/2012 - 13:56 | 2224441 Abitdodgie
Abitdodgie's picture

I would call that a time table of happy moments in history.

Mon, 03/05/2012 - 14:04 | 2224476 zerozulu
zerozulu's picture

Rest assured, Brooklynder will have fun too.

Mon, 03/05/2012 - 15:32 | 2224922 tamboo
tamboo's picture

the swindling and murdering of nonjews tends to have a backlash.


The History of Jewish Human Sacrifice

 At the dawn of civilization, the blood rite, in which human blood is drunk from the body of a still- living victim...



Mon, 03/05/2012 - 15:51 | 2225030 FeralSerf
FeralSerf's picture

That's why they need others to do the stealing for them, (e.g. Yamashita's gold, Black Eagle Trust, CIA) who then trust the Zionists to take care of the loot for them. It has been alleged that that trust is misplaced.

Mon, 03/05/2012 - 12:40 | 2224132 SheepDog-One
SheepDog-One's picture

Americans...bailing out billionaires mistakes for generations....and still just sit and download another IApp.

Mon, 03/05/2012 - 12:40 | 2224138 GeneMarchbanks
GeneMarchbanks's picture

Oy vey.

Mon, 03/05/2012 - 12:49 | 2224180's picture

AAPL = Schlemiel

Israel Central Bank = Schlimazel

Mon, 03/05/2012 - 13:05 | 2224241 fuu
fuu's picture

So who is Hasenpfeffer Incorporated?

Mon, 03/05/2012 - 13:19 | 2224294's picture

Corporations aren't people.

Mon, 03/05/2012 - 13:21 | 2224301 Ghordius
Ghordius's picture

I thought the US Supreme Court has a different opinion

Mon, 03/05/2012 - 12:45 | 2224162 Chupacabra-322
Chupacabra-322's picture

Off Topic but, it's how they continue the Illusion, Fake Economy and Global Ponzi Scheme.

It seems that back in 1913 the United States was short of cash. World War I had depleted the treasury and there were several really bad financial panics -- in 1907 especially -- so the country needed to print more money than it had as equity to restore confidence in the money supply and get the economy back on its feet.

When you or I need more money, we use something as collateral and go to a bank for a loan. When a country needs more money it has to go somewhere also. But in 1913 there wasn't anywhere to go. So the US created the Federal Reserve Act. This established a private central bank (The Federal Reserve Bank) that would regulate the amount of money the US government was allowed to borrow and put in circulation. It also would expect to be repaid, like any bank, with interest.

After only 20 years things went from bad to worse. During Franklin D. Roosevelt's presidency, in 1933, the US was unable to pay its debt. The county was bankrupt. The private banks that made up the Federal Reserve demanded their money and Roosevelt responded. He had to use the only thing left of any value to pay the banks and continue doing business with them -- the citizens of our country. Us!

Exactly how all this was orchestrated is too lengthy to be addressed here, but this much can be told. The original birth or naturalization record for every U.S. Citizen is on file in the official records in Washington, D.C. (you get to keep a copy!) and the property and assets of every living U.S. Citizen is pledged as collateral for the National Debt!

Within two weeks and three days each Certificate of Live Birth is to be filed in Washington D.C. Evidence reveals that there is even a Federal Children Department established by the Shepherd/Townsend Act of 1922 under the Department of Commerce that appears to be involved in this process in some way. Every citizen is given a number (the red number on the Birth Certificate) and each live birth is valued at from 650,000 to 750,000 Federal Reserve dollars in collateral from the Fed.

This kind of makes you feel a little different when you look at Federal Reserve Chairman, Bernanke, doesn't it?

Names in "ALL CAPS" on Birth Certificates

Since the early 1960s, State governments have issued Birth Certificates to "persons" with legal fictional names using "ALL CAPS" names. This is not a lawful record of your physical birth, but rather the acknowledgement of the "birth" of the juristic, all-caps name. It may appear to be your true name, but since no proper name is ever written in all caps (either lawfully or grammatically) it does not identify who you are. The Birth Certificate is the government's self-created document of title for its new property -- you and me! In a way, it makes us a kind of corporation whose company name is the same as our real name, but written in ALL CAPS. This "corporation" then generates taxes and wealth over its lifetime and in this way repays the collateral that Uncle Sam borrowed from the Federal Reserve.

Remember that "Bond" thing printed on the bottom of the certificate?


Bond. I a: A usually formal written agreement by which a person undertakes to perform a certain act (as fulfill the obligations of a contract) . . with the condition that failure to perform or abstain will obligate the person . . to pay a sum of money or will result in the forfeiture of money put up by the person or surety. lb: One who acts as a surety. 2: An interest-bearing document giving evidence of a debt issued by a government body or corporation that is sometimes secured by a lien on property and is often designed to take care of a particular financial need. -- Ibid. -- Merriam-Webster Dictionary of Law (1996).

Banknote. A kind of negotiable instrument, a promissory note made by a bank payable to the bearer on demand, used as money, and in many jurisdictions is legal tender. Along with coins, banknotes make up the cash or bearer forms of all modern money.

Birth certificates are a form of securities called "warehouse receipts." The items included on a warehouse receipt, as descried at §7-202 of the Uniform Commercial Code, the law which governs commercial paper and transactions, which parallel a birth certificate are:

  • the location of the warehouse where the goods are stored...(residence)
  • the date of issue of the receipt.....("Date issued")
  • the consecutive number of the receipt...(found on back or front of the certificate, usually in red numbers)
  • a description of the goods or of the packages containing them...(name, sex, date of birth, etc.)
  • the signature of the warehouseman, which may be made by his authorized agent...(municipal clerk or state registrar's signature)

Birth certificates now appear to at least qualify as "warehouse receipts" under the Uniform Commercial Code. Black's Law Dictionary, 7th ed. defines:

Warehouse Receipt. "...A warehouse receipt, which is considered a document of title, may be a negotiable instrument and is often used for financing with inventory as security."

It is not difficult to see that a state-created Birth Certificate, with an ALL CAPS name is a document evidencing debt the moment it is issued.

Once a state has registered a birth document with the U.S. Department of Commerce, the Department notifies the Treasury Department, which takes out a loan from the Federal Reserve. The Treasury uses the loan to purchase a bond (the Fed holds a purchase money security interest in the bond) from the Department of Commerce, which invests the sale proceeds in the stock or bond market. The Treasury Department then issues Treasury securities in the form of Treasury Bonds, Notes, and Bills using the bonds as surety for the new securities.

This cycle is based on the future tax revenues of the legal person whose name appears on the Birth Certificate. This also means that the bankrupt, corporate U.S. can guarantee to the purchasers of their securities the lifetime labor and tax revenues of every citizen of the United States/American with a Birth Certificate as collateral for payment. This device is initiated simply by converting the lawful, true name of the child into a legal, juristic name of a person.

Legally, you are considered to be a slave or indentured servant to the various Federal, State and local governments via your STATE-issued and STATE-created Birth Certificate in the name of your all-caps person. Birth Certificates are issued so that the issuer can claim exclusive title to the legal person created thereby.

Sleep well, fellow slaves.

Mon, 03/05/2012 - 12:52 | 2224192 Ahmeexnal
Ahmeexnal's picture

It seems that back in 1913 the United States was short of cash. World War I had depleted the treasury and there were several really bad financial panics -- in 1907 especially -- so the country needed to print more money than it had as equity to restore confidence in the money supply and get the economy back on its feet.


Riiiiiiight. The US was short of cash in 1913 because WWI had depleted the treasury.

Never mind that WWI started in 1914!


Mon, 03/05/2012 - 13:00 | 2224224 john39
john39's picture

how many years in advance do you suppose the central bankers had WWI all planned out?

Mon, 03/05/2012 - 13:16 | 2224279 FeralSerf
FeralSerf's picture

It couldn't be too many years, because they needed to wait until after 1884 when frenchman Paul Vieille invented a smokeless powder called Poudre B and then wait for Herr Krupp to develop a suitable device to use it.

Mon, 03/05/2012 - 15:04 | 2224753 taniquetil
taniquetil's picture

Unfortunately for everyone involved the first cartridge using smokeless powder was the French 8mm Lebel, the caliber of the Chauchat, which is widely considered to be the worst firearm ever created.

Mon, 03/05/2012 - 13:17 | 2224284 Chupacabra-322
Chupacabra-322's picture

Nice catch.  Our nation was essentially bankrupt — weakened and financially depleted in the aftermath of the Civil War. The Civil War itself was nothing more than a calculated "front" for some pretty fancy footwork by corporate backroom players. It was a strategic maneuver by European interests (the international bankers) who were intent upon gaining a stranglehold on the neck (and the coffers) of America.

The Congress realized our country was in dire financial straits, so they cut a deal with the international bankers — (in those days, the Rothschilds of London were dipping their fingers into everyone's pie) thereby incurring a DEBT to said bankers. If we think about banks, we know they do not just lend us money out of the goodness of their hearts. A bank will not do anything for you unless it is entirely in their best interest to do so. There has to be some sort of collateral or some string attached which puts you and me (the borrower) into a subservient position.  Hence, The Act of 1871 was passed. 

Mon, 03/05/2012 - 15:22 | 2224851 kalasend
kalasend's picture

diu lei lo mo

Mon, 03/05/2012 - 13:19 | 2224291 Disenchanted
Disenchanted's picture

Maybe it was the Spanish American war...Remember the Maine!

Mon, 03/05/2012 - 13:05 | 2224244 FeralSerf
FeralSerf's picture

So, if the Dept. of Commerce has all the original birth certificates, why doesn't Barry trot over there and borrow the original to show us?  Who has "exclusive title to the legal person created thereby' of Barry?  I've been wondering about that for some time.  Name some names.  Inquiring minds want to know.  .

Mon, 03/05/2012 - 14:07 | 2224489 Abitdodgie
Abitdodgie's picture

You only have a birth cert if your perents gave you into slavery , as obummers did not give him into slavery he has no birth cert , read the long post above , thats why social services can take your children ,they are not your they belong to the state you only have the right too look after them for the state with thier rules. Get rid of the birth cert they then become yours again.

Mon, 03/05/2012 - 21:45 | 2226516 StychoKiller
StychoKiller's picture

The word "Bond" is nowhere to be found on MY birth certificate.  Methinks thy tin-foil beanie is too small!

Mon, 03/05/2012 - 12:46 | 2224164 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

If they bought the top of the iBubble and go to war with iRan I guess we know who the global patsy is.

Mon, 03/05/2012 - 12:46 | 2224166 YesWeKahn
YesWeKahn's picture

is iSreal the new product?

Mon, 03/05/2012 - 12:47 | 2224168 SILVER_GIRL
SILVER_GIRL's picture


Mon, 03/05/2012 - 12:48 | 2224170 SILVER_GIRL
SILVER_GIRL's picture

my name is Ana, and i´m in Portugal... i want make friends

Mon, 03/05/2012 - 12:50 | 2224182 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

You have sexy avatar!  Sexy sexy silver!

Mon, 03/05/2012 - 12:50 | 2224185 SILVER_GIRL
SILVER_GIRL's picture

thanks Mr Lennon :)

Mon, 03/05/2012 - 12:52 | 2224189 SILVER_GIRL
SILVER_GIRL's picture

i like silver very much because it´s white and pure like me...

Mon, 03/05/2012 - 12:56 | 2224209 Ahmeexnal
Ahmeexnal's picture

it´s white and pure like me...

Then you are not portugeese.

Mon, 03/05/2012 - 12:59 | 2224214 SILVER_GIRL
SILVER_GIRL's picture

Eu sou portuguesa, de Portugal :)

Mon, 03/05/2012 - 13:02 | 2224228's picture

Waitress: More coffee?

George: Excuse me, darling, do I detect a Portuguese accent?

Waitress: Si

George: Das kaffes un salat e grand por favor.

Waitress: Mute pragalas senor

George: Eh, don't mention it.

Elaine: Portuguese?

George: Yeah, my cleaning lady's Portuguese. I must've picked it up.

Elaine: How come he's gettin' so smart? I stopped having sex with Ben three days ago and I don't know no Portuguese.

Mon, 03/05/2012 - 13:05 | 2224242 SILVER_GIRL
SILVER_GIRL's picture

beeing waitress is a very nice job... an honest job. But for your information i am a very graduated portuguese, with 37 years old, single, and very handsome. And i have silver :)

Mon, 03/05/2012 - 13:15 | 2224276 Ahmeexnal
Ahmeexnal's picture

escudos de plata?


Mon, 03/05/2012 - 13:17 | 2224285 SILVER_GIRL
SILVER_GIRL's picture

euros de prata

Mon, 03/05/2012 - 13:50 | 2224408 slewie the pi-rat
slewie the pi-rat's picture

welcome to zH!

have you ever heard of pulling the silver BiCheZ' train?

Mon, 03/05/2012 - 13:53 | 2224427 SILVER_GIRL
SILVER_GIRL's picture

thanks. no

Mon, 03/05/2012 - 14:02 | 2224466 slewie the pi-rat
slewie the pi-rat's picture

you are most welcome, silver_grrrrrl!

Mon, 03/05/2012 - 14:34 | 2224584 SILVER_GIRL
SILVER_GIRL's picture


Mon, 03/05/2012 - 21:49 | 2226525 Bansters-in-my-...
Bansters-in-my- feces's picture

Don't get caught with your pants down in the silver market.


Could you bed over and pick that silver coin up for me.?

Mon, 03/05/2012 - 22:16 | 2226616 jerry_theking_lawler
jerry_theking_lawler's picture

they call me 'silvermember' wanna see why??

Mon, 03/05/2012 - 12:59 | 2224216 GeneMarchbanks
GeneMarchbanks's picture

No, but she might be portuguese.

Mon, 03/05/2012 - 13:00 | 2224223 SILVER_GIRL
SILVER_GIRL's picture


Mon, 03/05/2012 - 13:04 | 2224237 GeneMarchbanks
GeneMarchbanks's picture

Sure you're not a Brazilian ladyboy?

Mon, 03/05/2012 - 13:08 | 2224253 SILVER_GIRL
SILVER_GIRL's picture

Sure you´re not an American Idiot??

Mon, 03/05/2012 - 12:51 | 2224188 GeneMarchbanks
GeneMarchbanks's picture

With or without benefits?

Mon, 03/05/2012 - 12:52 | 2224193 SILVER_GIRL
SILVER_GIRL's picture

lol... benefits is for both parts...

Mon, 03/05/2012 - 13:37 | 2224358 V in PA
V in PA's picture

Tell that to the CB's.

Mon, 03/05/2012 - 12:55 | 2224206 Ahwooga
Ahwooga's picture

this should be good...

Mon, 03/05/2012 - 12:48 | 2224173 yogibear
yogibear's picture

Bernanke has plenty of Fed money to bail out his buddies. No fear, he has an infinite amount of printed USDs.

Mon, 03/05/2012 - 12:49 | 2224179 Vince Clortho
Vince Clortho's picture

They bought Apple with phunny money.  Not a big issue.

Plenty more where that came from.

Mon, 03/05/2012 - 12:50 | 2224186 Spigot
Spigot's picture

What they did was buy out a private holder's equity position and at the same time bought permission to act against Iran. Money talks.

Mon, 03/05/2012 - 12:53 | 2224195 pmm009
pmm009's picture

Apple has obvious exposure to the macro economy, but unless you know their cost basis these comments are meaningless.  Apple is up nearly 50% in less than 4 months.  If they got in in late November they could simply be priming the market for their own exit.  When CB's manipulate the market it is called policy.

Mon, 03/05/2012 - 13:00 | 2224199 Dr. Engali
Dr. Engali's picture

When Steve Wozniak  said Apple was could be worth $1,000 a share that pretty much sealed the  fate of the stock. That statement will bite him in the rear soon.

Mon, 03/05/2012 - 13:07 | 2224249 Ralph Spoilsport
Ralph Spoilsport's picture

Wozniak is a tech guy. He is what all Apple fanboys try to emulate. I wonder if his statement actually swayed anybody in the financial world.

Mon, 03/05/2012 - 13:23 | 2224308 Dr. Engali
Dr. Engali's picture

No it didn't influence anybody in the financial world, but usually when comments like those come from"insiders" (even though technically he isn't) they always come back and get them in the end.

Mon, 03/05/2012 - 12:54 | 2224202 tony bonn
tony bonn's picture

going to las vegas would be more prudent...

it's no wonder they need to bomb iran for some trumped up "they have weapons of mass destruction" paranoid imbecility.....


Mon, 03/05/2012 - 12:56 | 2224207 Widowmaker
Widowmaker's picture

AAPL has had two crashes in a month...

Even though the stock has strong outlook for the longs, the tape feels toppy-top-top.

These are large positions exiting which has a feeling to it like the stops are being played.

Two knives in a month should have every short-timer out of the stock.

Mon, 03/05/2012 - 16:39 | 2225400 ZeroPower
ZeroPower's picture

Its all about the options. Both of those mini crashes had to do with dealers hedging the shit ton (we're talking like 5-10x of ADV) of calls bought to the upside. An expensive stock as AAPL is, you can imagine that a few hundred thousand shares does not simply move the price a penny or 2 like a much cheaper name.

Mon, 03/05/2012 - 13:12 | 2224208 divedivedive
divedivedive's picture

I don't get it, I thought the US gives Israel billions a year (3 billion in 2007) in foreign aid and they have leftovers to invest in our stock market ? I thought they had their own market ? Hey 3 billion would help a lot back here.

That's a little like my neighbor who is defaulting on her mortgage but just went out and bought a new Volvo wagon.


Mon, 03/05/2012 - 13:31 | 2224337 FeralSerf
FeralSerf's picture

They are reinvesting (or rehypothecating) part of the billions that Bernie Madoff has on deposit.

Mon, 03/05/2012 - 12:57 | 2224211 Terrorist
Terrorist's picture

It is my understanding that massive political pressure is used to force institutions to buy Israeli bonds. Financial institutions all over America own this stuff whether they like it or not. Follow the money. We are all Zionists. Bank of Israel uses our money already.


Mon, 03/05/2012 - 13:04 | 2224236 goforgin
goforgin's picture

iclicks for iZH


Mon, 03/05/2012 - 13:09 | 2224258 Monedas
Monedas's picture

Apple goes the way of Snapple if they fall out of favor with Rush....the rest doesn't matter !  Monedas  2011   Comedy Jihad Information Revolution

Mon, 03/05/2012 - 13:22 | 2224288 Monedas
Monedas's picture

Xerox brought down the USSR and Apple will bring down China, Norko and Iran !  We have won the world if our own retarded leftists don't throw us under their Socialist bus in a hissy fit, "Filth In" (IRA in prison smeared their cells with their own feces !) ! Aren't leftists elegant ? Michael Moooooore icon, Socialist cow, hood ornament for the Chevy Volt ?  Monedas  2012  Socialist Feces- Freude....the joy of wallowing in your own shit for brains !

Mon, 03/05/2012 - 13:25 | 2224314 Ahmeexnal
Ahmeexnal's picture

Michael Moore aka Soros Jr.

Mon, 03/05/2012 - 13:53 | 2224399 Monedas
Monedas's picture

If they are suspending production of the Volt for 5 weeks.......that means.......production was at a virtual standstill for God knows how long before the anouncement, the halt will be extended at least once and if production is ever resumed it will be a "trickle"....hee hee !   Monedas  2012   I can play the Socialist dis-information game !

Mon, 03/05/2012 - 13:22 | 2224302 catacl1sm
catacl1sm's picture


Mon, 03/05/2012 - 13:42 | 2224375 Bastiat009
Bastiat009's picture

Does that mean that a central bank can short the stocks of a company as well? Can the PBOC short Goldman or JPM? Can the Korean bank short Apple and fund Samsung? What happens when a company loses "value" because of a foreign central bank?

Mon, 03/05/2012 - 13:43 | 2224380 Seasmoke
Seasmoke's picture

talk about a worm in an Apple

Mon, 03/05/2012 - 13:45 | 2224389 I am a Man I am...
I am a Man I am Forty's picture

oh no!!  Apple is down nearly 2% from its ALL TIME HIGHS, these apple posts are ridiculous

Mon, 03/05/2012 - 14:28 | 2224558 GNWT
GNWT's picture

Think we need a correction to that "since November, 2010"... APPL dropped from a new high of 526 to 485 intraday about 7-10 days ago...



Mon, 03/05/2012 - 14:38 | 2224603 pragmatic hobo
pragmatic hobo's picture

MTM only applies to mortals.

Mon, 03/05/2012 - 17:36 | 2225717 Waterfallsparkles
Waterfallsparkles's picture

Only way to keep them as long term holders is to put them underwater on their trade.  And little by little push it lower and lower until they fold and sell for a lot less than they paid.

Mon, 03/05/2012 - 21:30 | 2226450 Bansters-in-my-...
Bansters-in-my- feces's picture

The central bank of Israel is where Grand Master Rothschild runs.

Tue, 03/06/2012 - 03:50 | 2227236 Don Diego
Don Diego's picture

nope, not big enough, the Fed and BoE are the Rothchild's den.

Tue, 03/06/2012 - 03:16 | 2227203 cnhedge
cnhedge's picture


they can print out of the trouble.

Do NOT follow this link or you will be banned from the site!