Dear Friends,
An article on Apple talking about its good sales on i mac:
http://www.marketwatch.com/story/apple-may-make-a-splash-with-the-mac-2012-05-23?link=MW_home_latest_news
A quote taken from the article "But with Apple’s annual developers’ conference set to start on June 11,
there has been growing belief that the company will soon show off a new
iMac in a big way, ahead of the back-to-school and holiday-shopping
seasons"
Well, the date is 11 June. Let us see if there is a run-up in the stock before this date. If June's Economical Reports are not bad, do expect to see a run-up before the event as often is the case.
Following the recent sell-off in Apple, I would expect Apple to have a run-up in price, either before or after the conference!
It would very much depend on the general market also.
I am always getting my cash ready to put my money on this maiden... ;)
Today it goes up another $8 now, probably moving towards our law of gravity of price figure of $575.
Regards
Daniel
(Updated at 3:42am: Sorry It is going crazy again: up $14 now!)