Evan Grey Owl

Awaiting Apple Earnings and Guidance

papita,
Thank God for people like you. It is time for us to take back our markets.
We need to be researching with all means available to each of us, the illegal market manipulations that are occurring. THEY, and forced selling related to them, are what is driving prices down. Brokers encourage people to use margin loans. Some use deliberate bad low-ball bids to trigger all the stop loss orders. Then the market makers can claim justification to gap (rig, ratchet) the price WAY down, because of so many sudden sell orders. But these were not intentional sell orders. They were stop-loss orders based on the premise of an orderly market. There is no orderly market now- only a highly manipulated one. The brokerages are backed by large banks that need cash. The appear to be "looking the other way" because plummeting prices allow them to suddenly call margins loans in. The stock has been reduced in value 50%, for example, on purpose, so the brokers/banks can grab our money based on hugely and artificially devalued stock prices. They retain the stock in "street name", ans will soon enjoy all the upside, while those who used margin and didn't se the train coming suddenly have no equity - only debt!! If everyone quit using stop loss orders temporarily, and avoided margin, it would not be worth their while to do this. Shareholders, not "other" taxpayers, have already paid Wall Street many times over the Bailout amount. The percent losses occurring in stocks are calculated and engineered- not the result of any free market process. Haven't you noticed the complete lack of association between any earnings, and the rug suddenly being pulled out? The earnings are just used for disinformation/misinfo... purposes to hide what is really going on.
It is an improper taking of property from shareholders who are not sophisticated enough to know what was happening. Highway robbery.
People need to demand the S.E.C. stop the artificial manipulations that are occurring, immediately.

Will RIM's Gamble Pay Off?

Don't confuse the effects of market manipulation with the value of a company. By my simple-minded calculations, Rimm was trading roughly around $100 in the weeks before Q2 earnings report. Loss of $30 per share on 565 million shares suggests that wealth in the amount of roughly 16.95 Billion dollars was re-distributed under the guise of 'market reaction to a disappointing earnings report'. Well, I don't buy it and this is one of several cases this year that point to market manipulation. Maybe a 10% drop would have been justified short-term, especially with the economic back-drop. But what is going on seems like a large holder or very large holders fixing this in advance. And if these analysts are worth their salt, where do they get off changing their stories overnight? Didn't they have any basis in reality for their numbers in the first place? Downgrades en masse can tank a stock. How does it profit the analysts who exaggerated expectations in the first place, to severely punish a company with a public downgrade because the analysts' numbers were wrong? The results were mostly in the range RIMM previously indicated. Becoming hysterical about small misses looks awfully like a gimmick to acquire shares at fire-sale prices. Let's keep an eye on the data and see where the biggest selling originated, when the Sept. 30 data become available. And then where the biggest buying originates at these 70's or even 60's levels. Our congress sure is right about lack of regulation.

Research in Motion Takes Hit from Component Costs and Dollar, Hints at New Product

They (RIMM, AAPL) still serve somewhat different niches and there is plenty of room in the world for both "bests". The adoption of their mobile products is a world-changing kind of phenomenon ; perhaps we should concentrate on the use of such products to improve lives, rather than get ill over a 1 cent discrepancy in earnings.

If one cent means so much, should I be investing in Copper?

Earnings Preview: Research In Motion

Global Crown Capital hypes up RIMM earnings hugely just two days before release of facts. They know an earnings "miss" from analysts estimates can devastate shareholders. They did not have their facts remotely straight, and so have contributed to the harm of the aftermath of this "miss". Two questions: What IS their hidden conflict of interest?, and why are such people not sanctioned severely.