Apple’s Institutional Slingshot: Rational Explanation Of Irrational Stock Action – Seeking Alpha: “As this slingshot terminology has morphed into mainstream vernacular, we’ve noticed that some still fail to understand the underlying forces that produce the slingshot action. Let’s begin by explaining what the slingshot is not. The Apple slingshot is not a hedge fund conspiracy. It is not caused by any of the negative rationale that you may hear in the media, which includes the underwhelming launch of Apple Maps, the lack of innovation from Tim Cook, iPhone…

Why Wall Street unfriended Facebook – The Globe and Mail: “Welcome to the tech industry’s summer of sober second-thought. For an unusually large number of Web and social media darlings, these past few months have been a harsh lesson in how quickly the stock market can turn nasty.” (Via. The Globe and Mail) Repeat after me: Ads cannot fund giant companies indefinitely. Eventually, the advertisers always figure out that their ad buys are essentially worthless, and they all pull out, rendering the service unsustainable. They move on to the next…