Today Steve Jobs announced that he would be taking a leave of absense from day to day operations at Apple, because his health issues are more complicated then previous thought.
With the announcement, Apple’s stock dropped 10% today – because everyone knows Apple couldn’t continue to make/sell any decent products without Steve Jobs…
Investors also fear that Apple’s stock will continue to drop unless Apple announces the release of a revolutionary new product this year.
I’ve got a little stock tip for y’all… perhaps this announcement of Steve Jobs taking a leave of absense, and Apple not yet announcing any signifigant new product releases for 2009, is all a trick to allow the inside traders to swoop in and make a killing.
What do I mean?
I mean that Apple may be purposely dropping share value, so that those in the ‘know’ can make mad cash later this year when Apple announces that it’s Apple Wheel will be released in time for the Xmas 2009 shopping season.
Don’t know about the wheel yet?
Can’t wait to sell my iMac and buy a Mac Wheel. Going to go buy Apple shares now…
Wonder if I can get charged for blog-theorizing about insider trading???