1) release an artificially high revenue estimate 2) wait for actual results 3) wait for stock to dip when estimate > actual results 4) sell short positions 5) profit
These analysts are not actually idiots, they're evil.
1) release an artificially high revenue estimate 2) wait for actual results 3) wait for stock to dip when estimate > actual results 4) sell short positions 5) profit
These analysts are not actually idiots, they're evil.
"Seven Reasons the Shorts Love Apple" is an investor's must-read. Hedge funds: Riding the AAPL slingshot http://tech.fortune.cnn.com/2009/12/20/hedge-funds-riding-th...
Long nicknamed the “favorite yo-yo” of daytraders and hedge fund managers – Apple’s high beta of 1.43, its prominent position in finance media and its vulnerability to rumors has made it a choice stock in short term profits, both through long and short positions http://www.investorguide.com/article/6809/apples-aapl-mini-c...
Hedge Funds, Bloggers and the Origin of Apple Rumors http://tech.fortune.cnn.com/2011/03/30/about-that-iphone-5-d...
Samsung employee caught leaking information to hedge fund manager before iPad launch http://www.bloomberg.com/news/2011-09-14/ex-samsung-worker-s...