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Post# of 79856
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WhiteSahara

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WhiteSahara

Re: None

Wednesday, 10/03/2012 11:48:09 PM

Wednesday, October 03, 2012 11:48:09 PM

Post# of 79856
The huge volume yesterday afternoon and early this morning looked a bit like a short cover to me. If it was, they covered and then all buying basically stopped. The bulk of today was simply small time flippers heading for the exits. We should stabilize price wise.

Apple has almost $100 billion cash on hand, Microsoft has over $50 billion, Google has close to $50 billion. With the mobile market being ultra competitive and a mere 1/4 billion needed by buy MIMVI, it's going to happen by one of them at some point.

Holding shares for a while is just plain smart.

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