Hope He Didn’t Short It

Matt Marshall at VentureBeat, last week:

With Jobs’ withdrawal, the rap that has always dogged Apple — that its fortunes are too intimately tied to the genius of Jobs  – will come to the fore in a major way.

Even before the company gets a chance to prove otherwise, the stock market is almost certainly going to vote by sending the company’s shares down significantly.

At the moment, the stock price is up over where it was a week ago. Validates the theory that the market doesn’t like uncertainty.

★ Tuesday, 30 August 2011