Its not just AAPL , Mav posted couple of days ago that QQQQ and DIA shares are not shortable too. So what is next ? Huge short squeeze or a free fall ?
Its not just AAPL , Mav posted couple of days ago that QQQQ and DIA shares are not shortable too. So what is next ? Huge short squeeze or a free fall ?
I remember when it was at 55 a few months ago and everyone said the appl run was over
Then cam the earnings of Q3 and it surged to 61. Then added 4 more points. Later came the option issue and the yahoo message board was flooded with bears proclaiming AAPL was a graud and it would tank. Never happened. All those shorts were forced to cover in the weeks ahead as apple surged from 63 to 72.
And it kept going higher depite the lack of any substancial new or anything. People decided it was time to buy and thats just they did. Buy it up ..bid it up ...thats how stocks go
