03-23-2006, 07:50 PM
How does that work? Who bought those shares for $64.66/share? Oh wait, I see, this happened on the 19th. This would suggest that perhaps Steve needed the cash for a different investment and perhaps apple bought the stock back from him because they know it is going up. If he was selling because he knew of events that were taking the stock down, then that would be illegal insider trading. Nevertheless, this news may panic some people who will sell out of fear, temporarily taking the stock down further.