Monday, January 28, 2013

Apple stock panic labeled "a premeditated flash dump"

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Apple stock panic labeled "a premeditated flash dump"

He long ago made Apple one of his hedge fund's biggest holdings and in a letter dated just two days ago Einhorn told his investors he had purchased more Apple shares as the price declined late last year. “We used the lower prices as an opportunity to

Apple reported record revenues on Wednesday of $54.5 billion in the December quarter. So naturally Wall Street responded by calling Apple a "broken company" and sending the stoc

Jobless claims drop to five-year low * Apple shares drop a day after results.

As Apple's stock falls 10%, to $461.46, in early trading following Wednesday's disappointing earnings report, its P/E ratio — based on the previous 12 months of earnings — is down to 10.5. That indicates a steep discount compared to the average P/E

Here is the latest comic from our Joy of Tech friends at Geek Culture, Nitrozac and Snaggy. Joy of Tech appears three times a week in the Voices section of this site.

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