“Most technology stocks were in positive territory Wednesday as shares of Apple Inc. rallied following Chief Executive Tim Cook’s comments from Beijing regarding the company’s plan to expand its partnership with China Mobile Ltd.,” Benjamin Pimentel reports for MarketWatch.
“Apple was up 2% to close at $557.36,” Pimentel reports. “The Wall Street Journal reported on Cook’s remarks suggesting bigger plans in China, the world’s biggest smartphone market.”
Pimentel reports, “On the downside, some 3-D printer shares were in the red, a day after disappointing reports from two major players.”
Read more in the full article here.
I sold!
A wee bit early perhaps? You might have considered holding up to earnings at least? Or at least some of your position. Holding through earnings is always an adventure. With any company. Especially with AAPL.
There was a commenter on fortunes blog that swore the stock would sink to jan 14th and then start growing and growing. Seems he might be right.
If things come in 3’s, the first 2 lows since AAPLbroke $570 have gotten successively lower..
Cooks remarks? i thought the rally was blamed on Cramers comments ! (lol)