Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Eve, Do NOT bite that BAD Apple!!!

% of readers think this story is Fact. Add your two cents.


Reuters) – Apple Inc shares tumbled more than 6 percent on Wednesday (12-5-2012), chalking up their biggest single-day loss in four years as fears grow about intensifying competition in the mobile device market.

The sell-off, fueled by a forecast by an influential research firm that the iPad maker is continuing to cede ground to rival Google Inc Android gadgets, rounded off a bleak 10 weeks for the most valuable U.S. company.

The stock was one of Wednesday’s biggest percentage losers on the S&P 500, shedding $35 billion of market value as more than 37 million shares changed hands — blowing past the company’s average daily volume over 50 days of 21 million.

Apple’s shares, once among the most desirable of portfolio holdings, have headed steadily south since September on growing uncertainty about the company’s ability to fend off unprecedented competition.

Once again, when God says “Do not eat from the tree of knowledge of good and evil lest ye shall die” He meant it… After all, when so many Serpents are crawling around AAPL stock looking to devour unsuspecting investors/patsy’s, He must of scribed the “Handwriting is on the Wall” just for them…



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 1 comment
    • ElOregonian

      UPDATE:

      Apple May Fall Another 20% on ‘Panic Selling’: Analyst
      CNBC
      Published: Thursday, 6 Dec 2012 | 12:59 PM ET
      By: John Melloy
      Raymond Boyd | Michael Ochs Archives | Getty Images

      Apple’s stock is up Thursday, but the recent selloff may be far from over.

      Extraordinary volume during the stock’s plunge this fall signals another 20 percent decline is still ahead, a top chart analyst on Wall Street says. (Read more: Apple Defies ‘Death Cross’)

      “Along with the two volume ‘spikes’ cited in my Nov. 16 note, yesterday (Wednesday) was another volume ‘spike’ day on the downside suggesting that the $528 support area will in fact be decisively broken on a closing basis over the near-term,” said John Mendelson, technical analyst for ISI. “My view continues to be that because the stock ran up so fast last spring, the next significant support area is $420.”

      EXACTLY WHAT I SAID YESTERDAY. THIS PILE OF CRAP STILL HAS A WAYS TO GO BEFORE REAL VALUE IS FOUND.

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.