It's still favorably priced to the $37 I paid for mine :-D
~KLM
\\01001100 01001111 01001100//
That's right, David. Did the stock rise without any justifiable reason, therefore is over valued, or was it correctly valued, and the promise has declined? Either way, an effective almost doubling of stock value for it to retreat back that amount is well outside the normal parameter of stock fluctuations, given that the market has moved up since Dec 2012.Dec 2012The Dow Jones Industrial Average (DJI) gained 0.3% to finish at 13,074.04. The Standard & Poor 500 (S&P 500) also added 0.3% to close yesterday's trading session at 1,413.94. The tech-laden Nasdaq Composite Index outperformed fellow benchmarks to end 0.5% higher at 2,989.27May 2013Nasdaq 3340DJ 14831SP 1597If the stock over rose, that is hard to explain, as Apple has done little different from previously. Perhaps the iPad Mini launch helped? They haven't done anything wrong, perhaps the overrated Maps issue helped. Windows 8 and Phone hasn't caused much ripple. Samsung/Google hasn't taken anything by storm. But the stock pricing is certainly against market movements.Hard to say, but both sides of the picture are there, up almost double, and down. I certainly take your point, but its a massive correction, if that is the case. Difficult to explain both sides, as each is the belief of the stockholders over this period.From: David H. Bailey <dhbailey52@comcast.net>
To: iPad@yahoogroups.com
Sent: Friday, 3 May 2013 10:33 PM
Subject: Re: [iPad] iOS 7 UI rumours eek
On 5/2/2013 8:52 PM, Tony wrote:
[snip]> I have to ask myself why has the stock price almost halved in a
matter
> of months? They have not done anything wrong. But others haved moved ahead.
>
[snip]
That may well simply be the stock market correcting itself to where the
stock prices should have been in the first place. One needs also to ask
Why did the stock price rise so high so fast in the first place? to try
to gain a view of the whole picture -- looking at only one side of such
a curve doesn't provide the whole answer.
--
David H. Bailey
mailto:dhbailey%40davidbaileymusicstudio.com
http://www.davidbaileymusicstudio.com/
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