Well, Google I/O is right now and they already announced a streaming music service, which Apple has been set to release for what seems like an eternity.
But this was one of Apple's next great things and Google stole their thunder on it. Could cause some emotional response to sell.
This is why I think it is silly to try to figure out why a stock is going up or down. It is impossible to know what assumptions and knowledge was already priced in.
Mags... It's June and Apple is still at $440. You guaranteed $500! I want my $60! :MARIS61: :MARIS61:
No, we didn't bet. I didn't have an opinion either way. I don't remember if it was end of or beginning of June.
Mags, for half the money I can go back and edit any of his posts to make it look like he did bet and lost.
Apple = $416 and it's June 20th. It's going to take quite a run in 6 trading days to get to $500 by the end of June. Mags? What's going on??? :MARIS61:
A bit late for mags, but... $470 right now, after a steady run up following their quarterly conference call.