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Technology Stocks : Apple Inc.
AAPL 286.23+1.0%Dec 2 3:59 PM EST

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To: Yiota who wrote (6994)12/24/1997 7:57:00 AM
From: Patrice Gigahurtz   of 213173
 
Giota: Very nice information, thanks. When you suggested that sometimes the stock price falls so someone can buy do you mean that the market makers view the order(s) and drop the price so the limit-order(s) will go off ? if so than I have always suspected that and have read somewhere that its called a "jiggle".

Regarding AAPl short interest of I think 14%. I got caught up once before watching short interest; example ? Take CUBE. There the shorts had maybe 30% for agruments sake. Anyway, sure once in awhile the shorts had to cover and the stock over a period of several months went from $17 to $34. And now guess where CUBE is ? Answer: $17 with less shorts. So for me I don't care what the shorts position is as long as AAPL's shorts don't reach 30% of float. Speaking of float, is the Prince now the largest shareholder ?
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