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Technology Stocks : Apple Inc.
AAPL 278.70+0.2%10:40 AM EST
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To: clean86 who wrote (144293)11/2/2012 4:26:24 PM
From: Moonray1 Recommendation  Read Replies (2) of 213176
 
Apparently everyone that had a profit in Apple is dumping to lock in their winnings at the current Capital Gains Rate.
If you mean U.S. Long Term Capital Gains, that will only change from 15% to 20% next year.
Meanwhile the stock has gone from 705 to the current 577, a drop of 18%. Short term gains is
a different story. I wonder if mutual funds are drawing back from AAPL over-weight positions
or are suffering redemptions.

o~~~ O
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