[quote author=“willrob”][quote author=“litespeed”]Well, we didn’t see 85 or 120. They must saving that for Tuesday AH. BTW, nice to see you posting again Tony.

We hit 85.885 in AH. Don’t know how, but it is now the LOD.  

Don’t worry, that’s not correct…we’re currently at $97.30

Puzzle to me

There is something that I do not understand. Maybe someone can explain it.

Why is it that more and more high-profile organizations are recommending to BUY APPL (just read yet another one on Motley Fool), yet the stock either goes sideways or down. Obviously few are actually buying. Some of these recommentations are coming from organizations that have funds that take large positions. If they and their readers were actually buying the stock, it would be moving up sharply.

The only thing I can glean is that nobody is actually doing what they say, and waiting for earnings report.

Re: Puzzle to me

[quote author=“cramar”]There is something that I do not understand. Maybe someone can explain it.

Why is it that more and more high-profile organizations are recommending to BUY APPL (just read yet another one on Motley Fool), yet the stock either goes sideways or down. Obviously few are actually buying. Some of these recommentations are coming from organizations that have funds that take large positions. If they and their readers were actually buying the stock, it would be moving up sharply.

The only thing I can glean is that nobody is actually doing what they say, and waiting for earnings report.

Or to be cynical, they’re telling everybody else to buy so they can dump. 

http://www.guardian.co.uk/business/2008/oct/17/executivesalaries-banking

So $70B of the first $250B goes to pay bonuses.

Yet we don’t get a fact finding committee.