Hmm, so is your point the liquidity, or the funnymentals?
"and it looses 60% of it's value (temporarily) during
regular hours.
It 'loosed' 60% in about 15 minutes. There was literally a void of buyers. How about ducking back to August of 1998, and recalling when the CIEN/TLAB merger unraveled. That hit during market hours, and CIEN got a 50% haircut. Of course though, CIEN isn't AAPL. Only AAPL is AAPL. I think you're mistaken to believe that the situation would have been much different to have the news released during market hours. But we'll never know, because it didn't happen that way, and no other stock is AAPL. So, believe whatever you want. IMO, if it really was mispriced at 29 they would have taken it up on Friday. They took it down further.
Regards,
Barb |
