We all heard recently that the Galaxy S4 wasn’t selling well, & while I didn’t believe it what so ever others sure did as the stock fell quite a bit. Now we’re getting the #s from Samsung & it looks like it has become the fastest selling smartphone ever selling over 20 million units in only 2 months.
Why does this have me thinking stocks are being fixed? Well this is exactly what happened with the BlackBerry stock & the Z10 when it was first released. The Z10 was released & analyst said that it wasn’t selling well even though it was hard to even get your hands on at first & stock prices took a dive (this had me thinking how they were so off if that’s these analyst’s job) Then shortly after the actual #s came out & low and behold they were much better than the #s that Analyst had projected & stocks rose.
Now we have the Galaxy S4 & analyst made claims once again that the Galaxy S4 wasn’t selling well & stock prices dropped. Now we are hearing the true #’s & again they are not what the analysts predicted at all, in fact the Galaxy S4 is the fastest selling smartphone EVER.
So it seems to me that these analysts have found themselves a way to make some big cash fast by fixing the stock prices by talking down these companies new devices even though they know they are selling very well (I mean how can’t they if I know just from frequenting the net on mobile tech forums & blogs & checking out the comment sections). Then the price of said stock drops they buy the stock knowing all the time the device is selling like mad & a week or 2 later the official #’s come out & they are much higher than they claimed thus making the stock prices climb again & making these analyst’s a rather hefty amount when they sell the stock after the rise in price.
See there is nothing in the world that is as easy to do this with as smartphones because of the # of ppl who purchase these brand new devices as soon as they are released & I believe these analysts have found just that and are raking in the cash doing so. I’d like to see how these analysts live & I guarantee none of them are struggling & are doing quite well.
What do you guys think am I on to something or do I just question things way too much in this world lol. Let us know in the comment section below.