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Apple is able to start buying back its shares on Friday after the 48 hour window.
It should be interesting to see if the stock rebounds after dropping 4% after fantastic earnings. I suspect that it is the May 1st calls holding back the stock as Wall Street wants to limit its payout on the calls.
I plan on re-entering the stock tomorrow or Friday.
Any other insight to the drop post-earnings? Anything I should be aware of before I buy some Apple stock in the $128-$130 range?
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1972 911T targa
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