Tech Sector Is Hit Hard Due To Intel

Despite Intel's slide, all eyes were on the action at Apple, who reported a 78% surge in sales yesterday! Truly, news for the record books! Good going guys. As far as our explanation for the drop, we feel that the unwarranted sell-off was related to some very Big Hedge Funds holding the stock down with options expiration occurring this Friday. Monday will tell a different story! But why options manipulation and the stock?? Our explanation is simple. Some very Big, and very well financed Hedge Fund(s) sold several millions of dollars of out of the money calls (ie) Jan 100, Jan 95, and/or Jan 90 calls and needed the stock to close below the strike prices to make the options expire at zero or worthless tomorrow (triple witching). Eventually these funds will have to Buy back the shares that they have sold short to get the stock down in their manipulation as we saw months ago with GM. In that case the hedge fund went BUST when the stock reversed!

Also - Paid bashers (paid by hedge fund shorts) who sit on stock message boards all day and night long and post a negative comment over every positive statement that is made so don't even waste your time there. This is much bigger business than you think. You see shorts prey on negativity and emotions and that translates into multiple millions.

Apple stock should be at $105 with these impressive numbers, so don't throw in the towel just yet. For those who want to sell, wait for the euphoria to hit on some news of either a:

2:1 Stock Split
iTV Announcement
Stock Upgrades
other positive news relating to the "NEW" Apple.

Be Good. We Love AAPL.

EST

The Sell-Off In AAPL Shares Seems Overdone

As usual and in typical fashion, Apple provided conservative guidance below consensus for the fifth quarter in a row to keep expectations in check. The good news is that each quarter the numbers are usually better than analysts expect. What do analysts really know anyways?

Be smart. Buy the dips, and sell on the euphoria.

Delphi Is Raring Back - DPHIQ

Buy on any significant dips it seems. Each severe drop looks like a temporary wash-out of weak shareholders.

This stock has some BIG players who are holding the majority of the shares. Look for new highs soon if you can hold out.

Wait For The 2:1 Split News On Apple

Wait for the 2:1 Split action.

When you think that you have this all figured out, think again. Wall Street will always surprise you.

Apple Reports Record 1Q Profit

Analysts were looking for $6.0 - $6.2 Billion in revenue and the company produced $7.12 Billion.

The results beat the estimates of analysts surveyed by Thomson First Call, who expected Apple to earn 78 cents a share on revenue of $6.42 billion.

iPod sales estimates were 15 million iPods and the number came in at 21 million.

Hold on, Apple stock could see $100 by Friday!