Apple Earnings Trading On the Noise
October 20th, 2009
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tinyurl.com Earns AppleThe arrest of Galleon Group founder Raj Rajaratnam on insider trading charges swings attention back to the hot and heavy world of technology-stock trading. These highly volatile stocks are a traders playground because share prices can swing wildly based on whether companies miss or beat earnings expectations, even by a penny or two. Analysts assign large multiples to high growth tech companies because rates of revenue increase can be immense if a product becomes a hot ... |
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