Thursday, December 28, 2006

Apple Unlikely To Be "Nailed"

That's the headline of this report in The Apple faithful are still hoping for good things in the weeks ahead. The most active options remain the AAPL Jan90s with more than 11,000 trading today and open interest of over 100k.

One of the more interesting pieces of speculation to hit the Street over the past 24 hours is that Apple will make its long awaited SEC filing early - this evening - instead of tomorrow evening, to spank the shorts into submission. It's hard to say whether that speculation is helping to provide a floor beneath the stock today. If it is and no 'early' filing is made, it will only end up being counter-productive to those who made the suggestion to intimidate the short side.

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