March 28th, 2015
Apple Losses
On March 9th, the keynote for Apple's new hardware, the iWatch, was announced. With many people spectacle about the watch, the stock plummeted. Whoever decided to short sell it a few days prior, made some huge money seeing a drop from around $127.50-$128 down to $120-$121. When then saw the stock market play out and Apple (AAPL) rose back up to the price we are used to seeing it around. I bought the stock on the uprise (or what I thought to be uprise at $127.07 but it soon dropped a few days later. Apple is usually a reliable stock that makes you a little bit of money. However on March 27th, Tim Cook announced he would donate millions to charity. This saw the stock drop again, and I was able to sell at $123.89 counting losses of $636.
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