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'Premeditated Flash Dump' of Apple Shares Behind Friday's Last-Second Slump, Says Trader
Interesting:
A blog entry at Zero Hedge suggests that a deliberate share dump in the final second of trading may have been partly responsible for yet another drop in Apple's share price on Friday.
Zero Hedge cites several Nanex charts as evidence, observing that some 800,000 shares worth $350 million were traded in the final seconds of trading on Friday.
More: http://www.macrumors.com/2013/01/28/premeditated-flash-dump-of-apple-shares-behind-fridays-last-second-slump-says-trader/
Source: http://www.zerohedge.com/news/2013-01-25/apples-flash-dump-last-second-trading-caught-tape
Zero Hedge cites several Nanex charts as evidence, observing that some 800,000 shares worth $350 million were traded in the final seconds of trading on Friday.
More: http://www.macrumors.com/2013/01/28/premeditated-flash-dump-of-apple-shares-behind-fridays-last-second-slump-says-trader/
Source: http://www.zerohedge.com/news/2013-01-25/apples-flash-dump-last-second-trading-caught-tape
As of this moment, AAPL is up more than 11 points to over 451, after closing at 439.88 on Friday. The fluctuations of this stock price today are probably causing quite a few stomachs to flutter.
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