Calculator broken while trying to figure out Steve Job's stock sell just now

[mick e]

Okay, mick e is now considering a "Dump and Run".

[Ken Sp.]

Disposition (Non Open Market) at $64.66 per share.?

Could that mean that APPl is low enough Apple may be repurchasing some of these shares or options?

[davester]

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.

[mick e]

He might be positioning for something at Disney. In which case a "Dump and Run" would be patently unwise.

[Paul F.]

Sigh..
Yup...
Gotta either just have fun and roll with this kinda thing, or end up with insomnia and bleeding ulcers..

[spearmint]

Has nothing to do with the French trying to open up iTunes and the impact on Apple's ipod business.

[SteveJobs]

Officers have limited windows to exercise stock. He would have had to do this in advance of any recent news.

But, WHY IS HE WORKING???? AT ALL???

[davester]

SteveJobs Wrote:
-------------------------------------------------------

> But, WHY IS HE WORKING???? AT ALL???

If he had that kind of attitude, he wouldn't be a billionaire (unless of course he was born into a family that rubs shoulders with saudi billionaires). Jobs obviously loves his work. If I had his job I wouldn't quit either. On the other hand if I was working in a slaughterhouse and won the lottery I'd quit the same day.

[mick e]

brain hurting.

[hal]

aapl is approaching it's 200 day moving avg. THIS IS BIG! It hasn't dropped below this line in years. If the stock is healthy, it'll bounce off that line nicely. If unhealthy, it'll crash through the line on high volume. If you see this - run! Otherwise, longterm holders should no worry. Short term traders are long gone.