Jeff Campbell
02-01-2010, 03:00 PM
<div class='os_post_top_link'><a href='http://moneywatch.bnet.com/investing/blog/against-grain/apple-stocks-wild-ride-high-flier-encounters-turbulence/428/' target='_blank'>http://moneywatch.bnet.com/investin...turbulence/428/</a><br /><br /></div><p><em>"Apple's stock soared after the iPad, a hybrid iPhone and netbook computer, was unveiled Wednesday and then plunged with the rest of the market Thursday morning. That shows the best and worst aspects of investing in Apple, all in less than 24 hours."</em></p><p><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1264866223.usr105634.jpg" style="border: 1px solid #d2d2bb;" /></p><p>Apple stock opened at $206.85 USD on the day of the iPad announcement, fluctuating to a high of $210.58 USD after going as low as $199.53 USD before finally settling in to close at $207.88 USD for the day. But the glow from the event wouldn't last as by Friday, brought down in large part to sell offs in the market as a whole, Apple was down to $192.06 USD as a closing price. Here is hoping today will be a better day! </p><p><MORE /></p><p>And on a side note, also since the dust has settled on the iPad announcement and more details have emerged, this will pretty much be an all iPad news day. I received an email from a reader that wasn't too happy that Friday I hadn't posted anything about the Apple event or the iPad. What I did do was post on the day of the event my thoughts on the device and, going on past experiences, I wanted to give it through the weekend to let the information sift through the various sources we use so that I could at least give you accurate information, or at least as accurate as it can be without actually having a device in hand. So there was a method to my madness, and I think you will find plenty of information about the iPad in the postings today. </p>