Just a Small Fish

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    • Wed Jul 23rd 16:51 PM | Rating: 0 0
      Commented on:
      Apple vs. Bank of America: When "Whisper Numbers" Come Home to Roost
      ***Disclosure (small) Apple Shareholder***
      I am a (small) investor in Apple. While not a "fan boy" I do own several of their products (ok, more than several) and find them to be of excellent quality, offering superior value.

      Over the course of the past several years I have watched with dismay at the volatile ride that this stock has had. I can draw only one conclusion: The extreme price fluctuations of this stock are being drive by the big money guys (hedge funds, institutional investors and the short sellers and option traders who feast on, and are responsible for, the wide price swings.

      Why else would the stock of a company that has demonstrated consistently, quarter after quarter after quarter, strong historical growth in revenue, EPS and market share, a product development cycle second to none, world class marketing and a growing and very profitable retail sales channel, experience such apparently irrational price swings and extreme trading ranges?

      I'm sorry to say that the only answer that I can offer is excessive "greed" and market manipulation.
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