The good news about Apple’s 6.54% pummeling…

Monday’s $22.86 knock-down punch was Apple’s largest one-day dollar loss since the 2014 stock split. But in percentage terms, Jan. 3, 2019—after that other guidance warning—was worse.

From AAPLInvestors‘ Terry Gregory, keeper of the stats:

 The charts below ranks the top ten highest one day $ and % gains & losses of AAPL since the 7:1 split on June 9, 2014.

apple January 2019 worse

My take: This too will pass. Can’t say when.

See also: The Apple 3.0 COVID-19 archives

5 Comments

  1. Paul Brindze said:
    Other good news is aftermarket bounce back after the federal virus press conference.

    After trump left, it actually sounded like they were going to do things to help limit the spread. Realistic statements and transparency. A big positive change.

    1
    March 9, 2020
  2. Gregg Thurman said:
    I almost bought in this morning. Friday rattled me.

    0
    March 9, 2020
  3. Gregg Thurman said:
    Got this from a friend: (yes, he’s real)

    https://en.wikipedia.org/wiki/James_Robb_(pathologist)

    The following was posted on the ‘net, then went viral. Read Wikipedia’s commentary about that.

    Subject: What I am doing for the upcoming COVID-19 (coronavirus) pandemic
    Dear Colleagues, as some of you may recall, when I was a professor of pathology at the University of California San Diego, I was one of the first molecular virologists in the world to work on coronaviruses (the 1970s). I was the first to demonstrate the number of genes the virus contained. Since then, I have kept up with the coronavirus field and its multiple clinical transfers into the human population (e.g., SARS, MERS), from different animal sources. The current projections for its expansion in the US are only probable, due to continued insufficient worldwide data, but it is most likely to be widespread in the US by mid to late March and April.
    Note: This virus is spread in large droplets by coughing and sneezing. This means that the air will not infect you! BUT all the surfaces where these droplets land are infectious for about a week on average – everything that is associated with infected people will be contaminated and potentially infectious. The virus is on surfaces and you will not be infected unless your unprotected face is directly coughed or sneezed upon. This virus only has cell receptors for lung cells (it only infects your lungs) The only way for the virus to infect you is through your nose or mouth via your hands or an infected cough or sneeze onto or into your nose or mouth.
    Here is what I have done and the precautions that I take and will take. These are the same precautions I currently use during our influenza seasons, except for the mask and gloves.:
    1) NO HANDSHAKING! Use a fist bump, slight bow, elbow bump, etc.
    2) Use ONLY your knuckle to touch light switches. elevator buttons, etc.. Lift the gasoline dispenser with a paper towel or use a disposable glove.
    3) Open doors with your closed fist or hip – do not grasp the handle with your hand, unless there is no other way to open the door. Especially important on bathroom and post office/commercial doors. 4) Use disinfectant wipes at the stores when they are available, including wiping the handle and child seat in grocery carts.
    5) Wash your hands with soap for 10-20 seconds and/or use a greater than 60% alcohol-based hand sanitizer whenever you return home from ANY activity that involves locations where other people have been.
    6) Keep a bottle of sanitizer available at each of your home’s entrances. AND in your car for use after getting gas or touching other contaminated objects when you can’t immediately wash your hands.
    7) If possible, cough or sneeze into a disposable tissue and discard. Use your elbow only if you have to. The clothing on your elbow will contain infectious virus that can be passed on for up to a week or more!
    What I have stocked in preparation for the pandemic spread to the US:
    1) Latex or nitrile latex disposable gloves for use when going shopping, using the gasoline pump, and all other outside activity when you come in contact with contaminated areas.
    2) Stock up now with disposable surgical masks and use them to prevent you from touching your nose and/or mouth (We touch our nose/mouth 90X/day without knowing it!). This is the only way this virus can infect you – it is lung-specific. The mask will not prevent the virus in a direct sneeze from getting into your nose or mouth – it is only to keep you from touching your nose or mouth.
    3) Stock up now with hand sanitizers and latex/nitrile gloves (get the appropriate sizes for your family). The hand sanitizers must be alcohol-based and greater than 60% alcohol to be effective.
    4) Stock up now with zinc lozenges. These lozenges have been proven to be effective in blocking coronavirus (and most other viruses) from multiplying in your throat and nasopharynx. Use as directed several times each day when you begin to feel ANY “cold-like” symptoms beginning. It is best to lie down and let the lozenge dissolve in the back of your throat and nasopharynx. Cold-Eeze lozenges is one brand available, but there are other brands available.
    I, as many others do, hope that this pandemic will be reasonably contained, BUT I personally do not think it will be. Humans have never seen this snake-associated virus before and have no internal defense against it. Tremendous worldwide efforts are being made to understand the molecular and clinical virology of this virus. Unbelievable molecular knowledge about the genomics, structure, and virulence of this virus has already been achieved. BUT, there will be NO drugs or vaccines available this year to protect us or limit the infection within us. Only symptomatic support is available. I hope these personal thoughts will be helpful during this potentially catastrophic pandemic. You are welcome to share this email.
    Good luck to all of us! James Robb, MD FCAP
    … and now a brief personal comment:
    This coronavirus is a “gift” to the world from communist China. First, from a well-documented barbaric custom of eating wild animals. It was only a few days ago that their government outlawed sale for consumption of non-aquatic wildlife. Second – from suppression of medical information by the communist ‘security’ while the epidemic was just beginning to gather speed, as thoroughly documented in the Wall Street Journal front page article on Saturday, March 6.
    I will be flying to Europe in a few days – not cancelling my trip, but will be careful about the hygiene, using hand sanitizer, careful with door handles, that sort of thing. I think the main danger
    from coronavirus is for the old people and those in poor health.

    James Robb MD FCAP

    1
    March 9, 2020
  4. Gregg Thurman said:
    Also received this with no attribution.

    Coronavirus has a contagion factor of 2, SARS was 4, Measles is 18

    Coronavirus has a cure rate of 99.7% for those Infected aged under 50.

    This is a viral-pneumonia being hyped as The Black Plague before an election.

    I make no claims as to its authenticity. I do know the sender who I respect highly as level headed and not prone to sensationalism.

    If these two missive are accurate then I would say the medical community has done a horrible job getting the word out, or their word is being heavily filtered by the media (in search of eyeballs).

    1
    March 9, 2020
  5. Bart Yee said:
    A couple of suggestions – 70% or higher isopropyl alcohol content should be used, not 60%.

    In my clinical experience and in evidence based studies, zinc lozenges have NOT proven to be effective in fighting off or improving symptoms of viral illnesses like the common cold or flu. YMMV.

    IMO, travel to Europe (or as one member here had mentioned to Italy later this year) is risky business, especially in light of today’s announcement that all of Italy will be under lockdown now, not just the Northern provinces. Other parts of Europe are now coming under more risk from previous travelers and tourists who have been to infected hotspots unknowingly. Cancelling is only losing money.

    2
    March 10, 2020

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