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Technology Stocks : Apple Inc.
AAPL 273.85+0.5%Dec 24 12:59 PM EST
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To: Edward Boghosian who wrote (169380)5/12/2014 8:33:23 AM
From: Kurthend2 Recommendations

Recommended By
Kip S
MGV

   of 213177
 
I guess my questions to the theory on filling the gap (ie Yelp) are why did the price jump up (gap) and why is the price of the stock now going down to "fill the gap"? I believe the causes are rooted in the company's fundamentals and initial over exuberance by investors that caused the gap.

In Apple's case, I believe their fundamentals are excellent and the stock price isn't by any means overpriced when compared to other companies' fundamentals. If the price of Apple's stock goes down, I don't believe it has anything to do with filling the gap.

One man's opinion:)

Kurt
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