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Technology Stocks : Apple Inc.
AAPL 274.47+0.1%3:59 PM EST

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To: bvinnieb who wrote (145899)12/5/2012 7:59:16 AM
From: John Carragher1 Recommendation  Read Replies (4) of 213176
 
i heard there was a huge sell block in the morning. Later after the close cnbc has a trader panel discuss the financial news of the day. appl was totally destroyed by everyone on the panel as a high growth stock. some expressed apple continues to fall the rest of the week. None of them recommended appl as a buy. one person felt when it drops to 500. or so he would buy back in. I believe the after hours price dropped another $4. on their negative discussion.

basically, the feeling of the traders and some large funds feel the growth days of apple are over.

considering china is opening up and maybe apple's largest market i have no idea where they are coming from.
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