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In this video I take a look at what we might expect will happen to AAPL price movement over the last week of 2009 and into the new year.
So, if you haven’t heard yet, on Wednesday, the day before Christmas, Piper Jaffray analyst Gene Munster informed his clients through an investor note that Apple is planning a big event on January 26th. And according to the note, there’s a only a 75% chance that the event will actually take place, and a 50/50 chance that Apple will introduce a tablet computer.
It’s kind of funny that Mr Munster puts that element of doubt into his announcement… In any event, As you probably know, investors took the note seriously, and jumped all over AAPL stock, as it gapped up to start the Holiday-shortened trading session and never looked back. In fact it had one of the single biggest single day gains since the March lows.
So, given this big announcement, and all the pent up anticipation, I’ll give my best shot at what will happen to AAPL stock price heading into the January 26th event. So, let’s get started, just click one of the player link options at the top of this post….
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