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Technology Stocks : Apple Inc.
AAPL 278.85+0.5%Nov 28 9:30 AM EST
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To: sandeep who wrote (147922)1/9/2013 1:57:21 PM
From: Frank Walker5 Recommendations  Read Replies (1) of 213173
 
Unless the company is totally f'cked up, how is it possible to lose 28% so quickly?
It is possible for the stock to lose 28% quickly because it went up 75% quickly, from about $400 about a year ago to $700 in September. I think it's just consolidation.

Lots of AAPL investors (me too) believe the $700 and even higher prices are justified. But really a 75% upmove is hard for people to accept, Apple's success story is just so amazing that people find it hard to believe, they just think there must be something amiss and they're looking for any sign of something going wrong.
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