How much of Apple's pain is hedge fund and sector rotation related? All the
headlines do not pencil. They are growing the Mac, IPHONE is en fuego, ITUNES
etc. The short interest is not that great. This has to be massive dumping not
strategic correct? I thought we supposed to be out of the redemption woods
Monday. Will a rate cut reverse this prolonged crash?
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H, Apple is caught in the death throes of the last leg of a Bear market. When
everything gives up the ghost, the bear is over. Commodities are dying a
horrible death, and now tech is getting killed. When pharma and staples die out
it is the final nail in the coffin of the bear.
In other words, I think it is strategic. No I do not think rate cuts will help.
HBOMBER, I think much of AAPL's pain is Steve Jobs health. He has been treated
for pancreatic cancer, which has a 15% survival rate (I believe). I, too, had a
pancreatic cyst removed in October '07, because it was precancerous, and I knew
the survival rate for that kind of cancer is very small. Much of the Apple
company's popularity is due to Steve Job's amazing and magnetic personality. It
is sort of a cult, in the best sense of the word. When he did leave the company
for a short while, the company tanked. I don't think that there is anything
wrong with the product and I hope that Steve Jobs is a survivor. I did donate
my pancreas (the removed portion) to a cancer study, and they are making some
progress on this disease, but I really think this is what the problem is with
Apple:it's a confidence problem stemming from the odds stacked against Jobs'
survival. Most of the hedge fund dumping, my understanding of it, is that it is
commodity related. As for sector rotation, we are rotating INTO the TECH cycle.
Another boon for tech should be that the regional banks are supposed to benefit
from this Fannie/Freddie/Feddie deal, and banks use technology to boost their
productivity.
I don't know much else to say.
Kathy in NJ, who wishes Steve Jobs all the best!
rate cuts dont prevent economic cycles or asset crashes. look at the 2000-2003,
the nikkei in the 90's. its a lie
massive dumping of shares? not strategic? you mean they cant be one in the same?
its a late cycle sector, the market is sick, people have gains, why not sell?
everything great about AAPL the company is known.
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