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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: clean86 who wrote (144293)11/2/2012 4:09:30 PM
From: Win-Lose-Draw  Respond to of 213176
 
Sure, why not? It's as good as any other theory.



To: clean86 who wrote (144293)11/2/2012 4:26:24 PM
From: Moonray1 Recommendation  Read Replies (2) | Respond to 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



To: clean86 who wrote (144293)11/2/2012 4:40:28 PM
From: Henry J Costanzo  Respond to of 213176
 
...everyone that had a profit in Apple is dumping to lock in their winnings...

Not all of them….Some have have successfully hedged..as they did in 2007-2008..-vbg-



To: clean86 who wrote (144293)11/2/2012 4:55:44 PM
From: Guth  Read Replies (1) | Respond to of 213176
 
FWIW, Rochdale Capital(Dick Bove's outfit) screwed up and bought a million shares of AAPL when they meant to buy a million dollars of stock. Now they need help paying for it. Pretty sure when the sharks got wind of this they did what they do best. I don't know how much of the sell off is because of this, but it hasn't helped.