Steve Jobs resigns

[Zoetstofzoetje]

You're an idiot.

Thanks, you're my fav nincompoop too.

[giblets]

I suspect it will open at 330 (376 now), drop steeply to 280, go back up a bit, hit a bidding support somewhere around 300, and then churn slowly downwards with the occasional choppyness. Let's see.

Cool, you should short it.

[Zoetstofzoetje]

I can't (I won't) we don't do U.S. markets.

[DanS]

Thanks, you're my fav nincompoop too.

Realize that what you said was gibberish.

[Asher]

Now Apple is run by a gay man. It'll be unstoppable.

[Lonestar]

Apple is way over priced any way.

Seriously. It's asinine that Apple was able to be worth more(however briefly) than Exxon last week. If Apple and it's products disappeared we'd have a hiccup, and then everyone would get new tablets/phones/unibody computers. If Exxon and it's assets disappeared we'd be living Mad Max inside of a week.

[Nikolai]

Now Apple is run by a gay man. It'll be unstoppable.

Oh noes, this means all Macs will be replaced with pink versions and backgrounds of capricorns.

[Lonestar]

Oh noes, this means all Macs will be replaced with pink versions and backgrounds of capricorns.

So basically the same

[Imran Siddiqui]

That said, hope this isn't due to his health (but it probably is).

Well, of course it is.

But yes, the stock is due to fall significantly.

[KrazyHorse]

I suspect it will open at 330 (376 now), drop steeply to 280, go back up a bit, hit a bidding support somewhere around 300, and then churn slowly downwards with the occasional choppyness. Let's see.

On the one hand, Jobs was a perfectionist involved in every product detail. So his retirement is significant. On the other hand, a lot of people with long positions will be anxious to see their value evaporate too quickly, so I suspect they'll support prices until they can get their size in discreetly.

Watch the darkbooks!

Stock was priced at ~358 in after-hours trading when this laughably precise prediction was made. At 367 now. Can't wait for that 330 open.

[KrazyHorse]

Stop playing at stock-picking and go back to bilking credulous seniors out of their money.

[KrazyHorse]

Market opened at 365 and change, up to 373+ now.

zxgddvhhgcdfthgtf is already down 15 bucks a share on a short...

[Zoetstofzoetje]

holding strong, but the day is young

[Zoetstofzoetje]

Stop playing at stock-picking and go back to bilking credulous seniors out of their money.

what´s with the hostility anyway, nincompoop, don´t you have anything better to do?

[giblets]

He's been having health problems for a while now. I don't see why news of his resignation is supposed to be some earth-shaking revelation to investors that would drastically alter their expectations of the company? I'm guessing investors thought this sort of thing was likely.