By BEN LEVISOHN And JOE LIGHT
How do you like them apples?
Investors got a scare on Monday when Apple, AAPL -2.46% among the best-performing stocks of 2012, tumbled 4.2%, capping a five-day stretch during which it lost 8.8%. The stock continued its slide later in the week, finishing Friday down 10% from its all-time high.
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Wouldn’t you want to sell when it goes up 9% rather than after it just went down 9%?
that depends. any stock that just went up 50%(in 3 months) then tanks 9% can go down another 9% then another and another and another… being the most hyped stock in the history of the game it will do anything here. if that makes any sense.
Good question MS.