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Apple loss $4 billion stock in 1 hour

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Old 05-17-2007, 06:23 PM
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For people which are Apple fan, here is some big news about Apple company.
For about an hour Apple's shares went into free fall after millions of shareholders tried to flog them and buy something more sensible.
Apple shareholders lose $4 billion in cash.
Sounds like they are in deep $hit.

Here is the full story
http://www.theinquirer.net/default.aspx?article=39688
Old 05-18-2007, 12:40 AM
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Originally Posted by pinguhk' post='425712' date='May 18 2007, 04:23 AM
For people which are Apple fan, here is some big news about Apple company.
For about an hour Apple's shares went into free fall after millions of shareholders tried to flog them and buy something more sensible.
Apple shareholders lose $4 billion in cash.
Sounds like they are in deep $hit.

Here is the full story
http://www.theinquirer.net/default.aspx?article=39688
If you read the story, and are somewhat aware of the facts in this matter, it's all down to an internet rumour (here we go again...) that caused a rapid fall in the market share for an hour. Please note that the price has going up since then and yesterday's share price was higher than before the rumour started:
http://quotes.nasdaq.com/quote.dll?page=ch...p;selected=AAPL
Old 05-18-2007, 01:18 AM
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Originally Posted by narvselius' post='425803' date='May 18 2007, 04:40 PM
If you read the story, and are somewhat aware of the facts in this matter, it's all down to an internet rumour (here we go again...) that caused a rapid fall in the market share for an hour. Please note that the price has going up since then and yesterday's share price was higher than before the rumour started:
http://quotes.nasdaq.com/quote.dll?page=ch...p;selected=AAPL
well never turst the internet.
If there was no news like this then there the stock will alway stay about the same
most share go up and down that how people like me make money.
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