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Stocks pared a chunk of their heavy losses coinciding with a CNBC rumor about Apple (AAPL)...

Stocks pared a chunk of their heavy losses coinciding with a CNBC rumor about Apple (AAPL) splitting shares 4-for-1; AAPL was down 1.5%, now down 0.3%. Zero Hedge: This gave us $100B in market cap?
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Comments (9)
  • Jason Tillberg
    , contributor
    Comments (1267) | Send Message
     
    If you had a $20 bill in your pocket and you trade it for 4 $5 bills, who gives a crap?
    25 Feb 2010, 02:43 PM Reply Like
  • eggfaced
    , contributor
    Comments (293) | Send Message
     
    It is easier to spend 4 $5's then break a $20.
    25 Feb 2010, 03:13 PM Reply Like
  • Put13
    , contributor
    Comments (2) | Send Message
     
    liquidity
    25 Feb 2010, 04:17 PM Reply Like
  • MarketGuy
    , contributor
    Comments (3983) | Send Message
     
    enough people watch CNBC to move a stock/market? No wonder we're in such a mess.
    25 Feb 2010, 02:45 PM Reply Like
  • Radardoc
    , contributor
    Comments (190) | Send Message
     
    The number of people watching does not concern me. Even I watch for entertainment value. What is concerning is the number of people acting on their advice. THAT is scary.
    25 Feb 2010, 02:57 PM Reply Like
  • petee22
    , contributor
    Comments (11) | Send Message
     
    It's another big bulls..t! The media again rulez and everybody jumps aboard...
    25 Feb 2010, 02:49 PM Reply Like
  • Harry Tuttle
    , contributor
    Comments (2221) | Send Message
     
    Human intelligence has its limitations. Stupidity, however, is boundless.
    25 Feb 2010, 02:51 PM Reply Like
  • herbert hoover
    , contributor
    Comments (2005) | Send Message
     
    Gee, I wonder if it had anything to do with the quarter billion dollars worth of SPY shares that were bought between 2 oclock and 2:10 - not that there's any market manipulation going on. LOL

     

    What a joke this market is.
    25 Feb 2010, 02:59 PM Reply Like
  • Ctrl+P+$$$
    , contributor
    Comments (10) | Send Message
     
    Market manipulation perpetrated by the criminal syndicate of the United States government.
    25 Feb 2010, 03:18 PM Reply Like
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