Friday, February 1, 2013

I can't prove it, but I think someone is manipulating Apple stock

Last week Apple announced quarterly earnings that were the 4th largest ever recorded. This is over a year after the passing of Steve Jobs, an event everyone thought would mean the demise of the company. In return, "the street" knocked 12% of the value of Apple's stock price. Say what you want, that makes no sense. I can't prove it, but I would not be surprised if someone made out like a fat rat.  The stock has slowly rebounded since this crazy drop.  By contrast, Amazon's earnings fell short of analyst's expectations... and it rose.  Yeah, The Street is logical.

Anyway, I missed the sub $20 price, but at about $29/share, I think Facebook might be a good stock to buy. I don't know what their expected earnings are going forward, but the fact that in the span of about 4 months they've risen about 50% after dropping 30% from their IPO price says to me that investors are behind them. 


  1. I can't prove it, but I think someone is manipulating Apple stock. I've noticed that the stock prices seem to be abnormally high recently, and I think someone may be artificially inflating the price of luxury girl dresses.

  2. This statement is very suspicious and could be insider trading. If the person has concrete evidence to back up their claim,USA vs Wales Live Stream then they should report it to the SEC. Otherwise, manipulating Apple stock is illegal.