Check out this chart that compares Apple and Samsung's falling stock prices after the launch of their flagship smartphones.
FORTUNE relayed the chart from ISI's Brian Marshall who offered the following notes on Samsung's earnings warning from earlier today.
● The chart shows just how far Apple's (AAPL) shares fell after the launch of the iPhone 5 and how much further Samsung's would have to fall to come anywhere close. ● Comparing Apple's iPhone sales reports to Samsung's reports on Galaxy shipments, he estimates that Apple hit the 20 million unit mark in less than half the time it took its strongest smartphone competitor to do the same.
It's not that hard! I know you think it's intimidating or that the learning curve is simply too high (along with a healthy side of "I don't give that big of a F--- either), right? lol... Close at least?
Well, you can just learn it and then you'll wonder what all the fuss was about. ;-)
I think his point is that the 'lines' don't make any sense. They're generated by automated feeds and aren't meant to be understandable by humans. Anyone attempting to buy or sell shares based upon news reports is going to lose money, as the big investment firms/corporations have the stock market closed, and they control when things go up and down. It's a bit of a scam. If you can afford to automate all your trading, it can be highly profitable. If not, you should just pick one company and hold on, ignoring both positive and negative news.