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Apple to announce stock split ?

california shareholder meeting money manager rumor twitter

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#1 Hum

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Posted 27 February 2013 - 14:48

Apple (AAPL) shares got a boost Tuesday afternoon on rumors that the company may announce a split on Wednesday during its annual shareholder meeting.

The rumor comes from former money manager and current TheStreet.com contributor Douglas Kass, who did not disclose his source.

“High above the Alps my Gnome is hearing a rumor that Apple will announce a stock split at tomorrow’s shareholder meeting,”

Kass wrote in a post on Twitter, providing no further details. Apple shares rose more than 1.4% on the rumor after nearing a new closing low.

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#2 threetonesun

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Posted 27 February 2013 - 14:49

after nearing a new closing low.


... this year.

#3 Manish

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Posted 27 February 2013 - 14:57

Apparently the rumour/tweet was just a ruse to manipulate the value of Apple's shares.

http://www.networkwo...nity/node/82539

#4 +techbeck

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Posted 27 February 2013 - 17:23

Got a boost? They are at 447 currently. What were they at yesterday and before?

Never mind...

Apparently the rumour/tweet was just a ruse to manipulate the value of Apple's shares.

http://www.networkwo...nity/node/82539


Figures.

#5 vetneufuse

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Posted 27 February 2013 - 17:27

hedge fund managers pull this crap all the time they want money, it should be illegal to manipulate stock price for a gain like this

it's almost like another form of insider trading, just in this case you are making the information up to force the price in your favor from the outside...

#6 Brian M.

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Posted 27 February 2013 - 17:53

hedge fund managers pull this crap all the time they want money, it should be illegal to manipulate stock price for a gain like this

it's almost like another form of insider trading, just in this case you are making the information up to force the price in your favor from the outside...


It's no different than these "analysts" who put out massively inflated figures, causing the share prices to conveniently tank once said company doesn't meet them (check Apple's last earnings call - their best quarter ever - but because it didn't meet these analysts' ridiculous predictions, the shares dropped).

#7 vetneufuse

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Posted 27 February 2013 - 19:18

It's no different than these "analysts" who put out massively inflated figures, causing the share prices to conveniently tank once said company doesn't meet them (check Apple's last earnings call - their best quarter ever - but because it didn't meet these analysts' ridiculous predictions, the shares dropped).


yeah, I know how it all works... just wish there was consequences for those "analysis" and managers manipulating the market

#8 Growled

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Posted 28 February 2013 - 01:23

I believe it when I see it.