Why is #Apple stock down so much? An image that would terrify the $aapl investor

Published in Apple

Today Apple's (stock ticker aapl) seven for one stock split comes into effect. That means for every share that existed on friday, today there will be 7 shares. It also means that the pre-market statistics for aapl show a massive drop. I sure hope all the apple investors understand that they now have seven times as many shares at the new price...