Retina Display Macbook Pro
Retina Display Macbook Pro
Out of context: Reply #13
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- monospaced0
@utopian
Stock always plunges before/during a keynote. The reason is that for the weeks/months leading up to an Apple announcement, rumors run free and unchecked, building up unrealistic expectations. The stock often raises during this period as analysts and consumers are betting on Apple living up to said unrealistic expectations. And, as if on schedule, Apple announces updates (usually some amazing shit, as they did today), but still disappoint those rumor-mongers who were hoping for the iUnicorn. Then, also as if on schedule, Apple sells a gazillion of their updated products the first week and the stock climbs again. The process then repeats.
Take advantage of this cyclical process, like I do, and you can make money.
- Stocks plunge when shareholders & investors are disappointed with what they hear.utopian
- No NEW shiny iPhone that will sell gazillions... stocks sink!utopian
- exactlymonospaced
- meanwhile, they sell gazillions of everything elsemonospaced
- and then they go up as soon as they realize that all that means is that people want the new iphone moarismith
- and it's obviously coming... etc... and so they buy it all up again and prices keep on climbin. yepismith