Can Apple Withstand the Financial Sector's Fall? [View article]
I said this yesterday, but it applies here as well, so....
If not for a questionably legal, but definitely manipulative environment, a company that is doing great, has enormous popularity, has people standing in line to buy their products and an absolute "rainbow," of future opportunity, would have a stock valuation without sufficient fluctuation to attract heavy buy / sell activity.
SO... UNLIKE a long investor, the entire short sell community, every Wall St. Brokerage and virtually every financial media reporting entity needs "churn" (and the subsequent "news") generated by fluctuation to make commissions off of.
Ergo, a little negative news, a few pot shots, a few bad words at the Wall Street water cooler, a couple of nasty little asides to some institutional groups & whaddaya get?
SWING!!
Good old commission-gathering market SWING and loads of trashy news to report!
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I said this yesterday, but it applies here as well, so....
Sep 10 09:48 am
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All Comments by VERONICA »Can Apple Withstand the Financial Sector's Fall? [View article]
If not for a questionably legal, but definitely manipulative environment, a company that is doing great, has enormous popularity, has people standing in line to buy their products and an absolute "rainbow," of future opportunity, would have a stock valuation without sufficient fluctuation to attract heavy buy / sell activity.
SO... UNLIKE a long investor, the entire short sell community, every Wall St. Brokerage and virtually every financial media reporting entity needs "churn" (and the subsequent "news") generated by fluctuation to make commissions off of.
Ergo, a little negative news, a few pot shots, a few bad words at the Wall Street water cooler, a couple of nasty little asides to some institutional groups & whaddaya get?
SWING!!
Good old commission-gathering market SWING and loads of trashy news to report!
Thanks for listening.
VERONICA T. WOLFE