PRICE ACTION SHOWS HOW MARKET HAS SOURED ON SMART PHONE STOCKS $AAPL $BBRY $NOK $GOOG $MSFT
There are days when price action in stocks provides more information than usual, all one has to do is to observe while leaving opinions at the door. Tuesday was one of those days. There were major announcements from BlackBerry as well as Nokia and Apple AAPL stock fell precipitously in the afternoon. There were several announcements at BlackBerry Live user conference being held in Orlando, Florida. BlackBerry announced a cheaper new model to be called Q5. Q5 is directed at emerging markets and will contain a classic BlackBerry QWERTY keyboard. The phone has a 3.1 inch touch screen and looks similar to the once popular BlackBerry Curve. Other announcements included a