With the Dow up and no negative news on the wire, the stock fell off a cliff Thursday
Thursday was another one of those bizarre trading days for Apple (AAPL). The stock opened higher, flirted with some prices north of $328 in the morning and made it through the early afternoon without suffering much damage, despite the turmoil in Greece.
Then, at about 1:50 p.m., the volume jumped and the stock fell MOREPhilip Elmer-DeWitt - Jun 16, 2011 3:43 PM ET
There's something very fishy about the weekly options market. Is it time to reel in the bad guys?
It was 3:48 p.m. on Friday April 29 and traders who had purchased Apple (AAPL) April 29 $350 "calls" -- options that gave them the right to buy Apple shares in blocks of 100 for $350 per share -- were sitting pretty. The stock was trading around $353.50 and those calls were worth MOREPhilip Elmer-DeWitt - May 12, 2011 1:00 PM ET
Bolstered by rumors and strong sales, AAPL has soared nearly 175% from its 2009 low
Riding piggyback on 1.5% rise in the Dow Jones Industrial Average, Apple (AAPL) opened the new trading year by posting an all-time record high Monday, closing 136 points above its 2009 low of $78.20, set on Jan. 20.
Shares closed Monday at $214.1, up 3.28 points (1.56%) for the day. The stock has climbed steadily since mid-December MOREPhilip Elmer-DeWitt - Jan 4, 2010 4:37 PM ET
Two years after Apple first broke $200, the stock sets a new all-time record high
"If you can keep a good stock down," wrote Jason Schwarz last week, explaining why hedge funds love Apple (AAPL), "then you are able to load up for the ride back up. It's like a slingshot — the harder you pull, the more propulsion you generate."
As if to illustrate his point, Apple shot to a new MOREPhilip Elmer-DeWitt - Dec 24, 2009 12:13 PM ET
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