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Technology Stocks : Apple Inc.
AAPL 270.98-0.3%3:59 PM EST

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To: OrionX who wrote (190528)5/16/2016 4:49:00 PM
From: Bill from Wisconsin6 Recommendations  Read Replies (1) of 213177
 
No AAPL doesn't depend on it

But investors always are interested and influenced by what major funds are doing. Buffett is a whale. It is also known that he marries his stocks. Icahn is an activist. He is in for the short term and often will agitate for change. AAPL is too big for that, so he was left with cheerleading.

Your question implies a weakness in AAPL. But don't just stop with AAPL. The market was flat to lower all night and into the morning today. The Buffet news not only kick started AAPL, it kick started the Nasdaq

So like it or not, investors like Buffet do move markets, not just stocks.

Also, an update. Cooperman bought last quarter but also sold out at the end of the quarte, he owns ZERO shares. Cooperman has some legal problems due to an investment in a skanky pipeline company ATLS. I owned some too. It was skanky but it seemed he had better information than I did ;-)

David Einhorn INCREASED his AAPL stake by 2 mm shares.
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