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DragonBits

04/29/08 11:49 AM

#10392 RE: vinmantoo #10390

vinmantoo, there is a whole lot of new apple, economic and market info since both the high and low of apple. Apple reflects the general market and consumer while a stock like GTCB price is based on FDA decisions and the amount of speculation in the market. This market does not support specuative positions, thus all small biotechs tend to be hurt.

Everyone knows the consumer is weak, but apple came out with great earnings showing they weren't affected by the weak consumer in the past Q.

The FED took many actions in the market to support spending and to support banks.

These things affected apple's price.