AAPL Down Again! (click to enlarge)
Why is Apple down so hard? It’s because of uncertainty. This is mostly Apple’s fault, with their complete disregard for Wall Street and investor sentiment, with respect to no information on product line roadmaps. Is this fair to the investor? Heck no! Does Apple care? Apparently not.
So, let’s get real here for a moment. While Apple bears the brunt of the responsibility for the drop in stock price, and the apparent drop in the value of the company, much of the negative sentiment is due to the incompetence and speculation of broker advisory analysts.
Broker analysts are just about the most sorry bunch of professional frig-tards on the planet. They make up total bullshit about Apple without any objective evidence, it’s completely speculative, and their customers suffer, along with the rest of the trading and investing community that has to deal with the volatility caused by broker incompetence.
On the other hand, Apple has paid lip service to these financial frig-tards by capitulating with a stock repurchase program, which they have yet to employ…and it would seem now would be a great opportunity to invoke a buyback of shares to prop up the weakness in stock price. But no. I think that’s all it was…lip service. The dividend was a joke for such a large share price, and the cash on-hand, so there’s more of the same.
Volume is way down, because retail investors are scared as hell to jump into this fire. Many retailers got lulled into resetting their stops to just under $400 a share after the slight run-up the stock has had over the past 6 weeks or so; and they are skittish to come back in and defend it; mostly because of the toxic environment analysts have created. The little guy still has a modicum of faith, but it’s waining. So they sit on the sidelines while big money has it’s way with manipulating the price to do their bidding.
And what does Apple do? The push forward a campaign extolling their values, basically pushing a thumb in the eye of the analysts and Wall Street juggernauts saying to them, screw off, we’ll not be pushed into creating things on your schedule, We’re Apple, we’ll do it our way. Love it or leave it!
Well, we know Wall Street won;t leave Apple totally. They’ll throw little tantrums and make retailers pay the price of their arrogance. But they’ll stick with Apple, because they know when Apple does come out with the next product line, and redefines or creates the next big consumer market, they’ll make shit loads of money. And then they love Apple again.
Apple investors want to know what you think, comment below…