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Speculators Drive Up Share Price of Apple Above Analyst Estimates Over Hype Of iPhone

 

Apple iPhone HypeThis post is based on a video from TheStreet.com where Cramer mentions that the iPhone hype has driven up the price of Apple from $90 to $123 (today).  This is an extra ordinary increase in share price of Apple’s stock over the hype of the iPhone.  The phone hasn’t even been released yet and no one actually knows if it will be a success or a flop. He has suggested that if you own Apple you may want to take some money off the table, but leave some shares just in case there may be some upside movement.

Watch the video, click on link below:
TheStreet.com – Cramer – Apple iPhone Hype

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This entry was posted on Tuesday, June 5th, 2007 at 1:39 pm and is filed under Stock Trading. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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