Apple shares trading up over $6 in pre-market trading
Wednesday, November 14, 2007 - 09:15 AM ESTShares of Apple Inc. (AAPL) are currently trading at $176.40 in pre-market action this morning.
Yesterday, Apple shares closed at $169.96 after rallying up $16.20, or 11 percent, per share.
Apple pre-market quotes via NASDAQ here.
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Apple Store Advertisements:
• The all-new 13-inch MacBook. The next generation of notebooks starts at $1299.
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• The all-in-one iMac. Now at speeds up to 3.06GHz. Free shipping. From $1199.
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• Visit the Apple Store today. Free ground shipping on all orders over $50.
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Related articles:
Apple leads Nasdaq Composite Index to biggest gain in four years - November 13, 2007
Apple leads strong recovery for tech stocks - November 13, 2007
Apple trading above $161 in pre-market trading - November 13, 2007
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Same thing happened to AAPL in the summer of 2006: a bear run on the stock. The big boys run a perfectly sound equity into the ground by dumping massive lots thereof, knowing perfectly well that others will panic and sell theirs too. THEN, when a significantly large margin has been achieved between previous and new price points, they BUY, BUY, BUY!
I really and truly feel sorry for all my friends who called last week telling me that they sold their shares "before the bottom fell out of AAPL." When it returns to 200+, they'll blame me (no doubt) for not talking them out of it.