SEC investigating Apple and other analysts supply chain reports for insider trading
0. phoneArena posted on 14 Jan 2013, 08:51
Hot on the heels of the rumor for diminished iPhone screen orders for the post-holiday quarter, comes the WSJ report that the SEC is now investigating the so-called "channel checks" so many analysts provide...
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7. VZWuser76 posted on 14 Jan 2013, 11:23 3 0
With what happened today, this investigation would actually benefit Apple. That leak about display orders being reduced made Apple's shares go down. Now of course if the leak had said they were increasing their display orders Apple's shares would have gone up. The point is that leaked info is being used to manipulate the stock market, in particular any companies that are involved with the iphone.
Just because Apple is being investigated doesn't mean it's bad. They, like any other company, are not above the law. They have rules to follow like everyone else. Being a fan is one thing, following someone absolutely blindly is not good. It's not realistic, ad they will eventually let you down.
12. QWIKSTRIKE posted on 14 Jan 2013, 12:03 0 0
This is what happens to any stock when sales slow , and euphoria starts to wane
8. Droiddoes posted on 14 Jan 2013, 11:39 3 0
You wouldn't. Tim Cook could take a sh*t directly into your mouth and you would thank him and say "please sir, can I have some more?"
11. PhoneArenaUser posted on 14 Jan 2013, 11:58 4 0
"I don't see how this investigation is justified."
Of Course you don't see.
2. Nathan_ingx posted on 14 Jan 2013, 08:58 10 0
Ooo... The fruit is getting more and more bitter day by day.
3. rusticguy posted on 14 Jan 2013, 09:06 4 0
So this is why TIM Cook was headed to China ... to investigate who's leaking such nasty info which is causing shares to slide or he knew this info would leak so was there to prevent the leak ... :)
18. remixfa posted on 15 Jan 2013, 14:51 0 0
more than likely it was actually to try to directly strong arm China Mobile into carrying the iPhone at an Apple approved cost to keep margins high. Considering they had a sit down with China mobile, that's the most likely scenario.
Apple traders benefit from this. They all call each other and talk about the latest news, then report it to the media. While the media is reporting it, they are selling their shares which causes a loss in value. When the media reports come out, more people sell shares.. which makes the value drop further. Give it a day or 2, buy back your shares at a cheaper price, wait for it to go up a bit... then start a new rumor. Rinse and repeat. Making millions for nothing.
6. SIGPRO posted on 14 Jan 2013, 10:11 5 0
The fruit keeps rotting and rotting eventually it will not exist anymore!
15. -SEUL8TR- posted on 14 Jan 2013, 20:42 0 0
Just give it a another few years, shares would tumble to $100......!
9. Droiddoes posted on 14 Jan 2013, 11:40 0 0
LMFAO, could this company become any more disgusting or immoral?
Burn baby BURN!
10. QWIKSTRIKE posted on 14 Jan 2013, 11:55 2 0
I did predict this through my Elliot wave post here over a month ago that this would happen ad that $485.00 may probably be a target. Elliot waves are based on emotion of euphoria and fear of greedy investors and their reactions to technical highs like the wave 5 top that I posted that Apple was probably in. I predicted Apple would try to retrace back to the higher target in a "b" wave then fail as a "c" wave to lower lows. Now the SPX market will pull back after the 1st quarter, and then let's see how the Feds quantitative easing keeps this going.
Possible pull backs 1340-1285!
13. XPERIA-KNIGHT posted on 14 Jan 2013, 13:07 2 1
wow, good stuff there......so you see them falling again "after" a possible 1st quarter comeback?
19. QWIKSTRIKE posted on 16 Jan 2013, 19:57 0 0
I said it all in this thread link, and many other threads and look what happened from my November prediction about the stock, and it unfolded just like I said that it would. I have taught, and studied Elliot waves and traded for real with real money not fiction!
14. InspectorGadget80 posted on 14 Jan 2013, 14:34 2 1
Apple should also be ingestigated how they keep banning products and why their trial was so short &a awarded.