Apple’s Market Cap Falls Below $500 Billion

Written on November 16, 2012, by in Categories: Apple 2 Comments

Just after the mass hysteria began, Apple’s market cap crossed the $500 billion mark and it looked as if it will reach $1 trillion in no time.

However, if history has taught us anything is that once your hair dresser starts talking about buying the Apple stock too, it’s time to sell. Well, this is exactly what happened, as smart money got out of the majority of their positions, the slow grind to the bottom began.

Apple’s Market Cap Falls Below $500 Billion

Being convinced that “the stock can possibly go any lower than $700”, then $600 and soon $500, stupid money kept holding their positions…

That’s life, son.

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  • patrick boaventura

    Tópicos originais neste blog, parabéns.
    Só falta mesmo o criador dar mais relevância ao mesmo

  • patrick boaventura

    Já adicionei seu site nos favoritos, muito bom mesmo.