Go Back   Hardware Canucks > NEWS & REVIEWS > Press Releases & Tech News

    
Reply
 
LinkBack Thread Tools Display Modes
  #11 (permalink)  
Old December 6, 2012, 07:36 PM
Galcobar's Avatar
MVP
 
Join Date: Dec 2009
Location: Richmond, B.C.
Posts: 437

My System Specs

Default

Quote:
Originally Posted by G777 View Post
If you had used apple stock to leverage other investments you could have a problem if it doesn't bounce back quickly.
Short sellers (borrow a set amount of stock, sell it, and hope the price to buy it back later when you have to return the stock is lower) are also piling into this a little.

Apple's been dropping for a while now -- keep in mind it was at $700 in mid-September -- as the iPad Mini (relatively) disappointed and the fiscal cliff fears depress discretionary spending.

If Surface and other W8 tablets fail to make a dent and the conservative wing of the Republicans accepts tax increases to go with spending cuts, it should start moving up again. This is why most analysts have the stock as a longer-term buy. In the short term, in part because of short sellers (expectations if widely shared can become reality) it's likely to decline some more.
Reply With Quote
Reply


Thread Tools
Display Modes

Similar Threads
Thread Thread Starter Forum Replies Last Post
One Billion Today.... lechumbl HardwareCanucks F@H Team 36 August 5, 2011 07:37 PM
70 billion pixel panorama. gambel626 Off Topic 22 September 3, 2010 11:56 PM
Intel Acquires McAfee for $7.68 Billion FiXT Press Releases & Tech News 10 August 20, 2010 04:47 PM
Time to buy Apple Stock? geokilla Off Topic 23 December 12, 2009 06:48 AM
Google kids lose $10 Billion Babrbarossa Press Releases & Tech News 5 January 24, 2008 06:11 PM