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Story: Apple defends Steve Jobs in options row
Apple defends Steve Jobs in options row
It's been an interesting week of Apple news in a slow slow week.
First we had two days of talking the stock down knocking large amounts off Apple's share price.
I read somewhere (sorry I KNOW that isn't admissible evidence especially that I couldn't paste the reference here.) that both the Recorder article and the FT originated from San Francisco.
Then we had the filing on Friday and the price rising almost 4 Dollars on the day.
So if you had bought Apple shares on the Wednesday morning when the original article hit you would have made a LARGE amount of money. Something like 10 dollars a share. I'm pretty certain quite a few people did this.
Someone, somewhere has been manipulating the stock price.
Some details about the order of things can be found here:
http://ce.seekingalpha.com/article/23189
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