This is Manipulation of the Market....This MUST be against the law...
I mean, this is like insider trading which IS against the law...So shouldn’t this be against the LAW????
It most certainly is against the law, and the FBI and SEC are in hot pursuit of the “citizen reporter”. If it was a deliberate attempt to manipulate the stock price (and the SEC is VERY good at rooting out suspicious trades, even if they were done in the name of a friend, ex-co-worker, prostitute, etc, on behalf of the perp-in-chief), the “citizen reporter” is very likely to do prison time and certain to be hit with huge fines.
Too bad there cannot be a law against panicking and emotional decisions.
“...I mean, this is like insider trading which IS against the law...”
Looks like Apple insiders sold off about 13% of their holdings in the past 6 months - seems like a smart move on their parts.
http://finance.yahoo.com/q/it?s=aapl