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cjroe

cjroe
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  • "High above the Alps my Gnome is hearing a rumor that Apple will announce a stock split at tomorrow's shareholder meeting," tweets Doug Kass. The rumor has led Apple (AAPL +1%) shares to spike higher. Update (2:24 PM): Kass is using the post-rumor spike to sell part of his trading position in Apple. [View news story]
    Splits don't change the value but how would this benefit them in any way?
    Feb 26 04:22 PM | 1 Like Like |Link to Comment
  • Apple's $1,000 A Share Solution [View article]
    Good read! I'm an artist like Fred and I know that the startup market is booming right now. I can definitely see their stock rising to 700 again at least after release of AppleTV. With the amount of app companies now pulling serious venture capital, a new platform for developers could be revolutionary. I've also heard reports of a new iTunes radio platform to be introduced, yet considering the unimpressive features like "ping" and "genius" it may not introduce any new market value. However I have been unhappy with Apple's performance lately. The release of iPad Mini didn't seem to run IOS 6, the unexpected bugs in the new maps app, and missed delayed launch date for iTunes 11 leaves me uninspired with the current 513 share. With a probable 2013 tax hike approaching and the goal for Apple to have USA production isn't looking swell for increased dividends.
    Dec 27 04:42 AM | Likes Like |Link to Comment
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