Apple Stock

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Mike
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Apple Stock

Post by Mike » Thu Oct 18, 2007 10:28 am

Ok - has anyone been watching Apple's Stock???? I bought a pawltry amount about 2 months ago when it was at 120, and now it is toping 170 - I know the new OS is coming out in a week - and I was planning to hold on to it until January, after the announcement of next years goodies - but I am thinking that if I sell now, I have enough profit to actually buy a new mac... Can it go much higher than 170 right now????

any thoughts from folks who have been following it are appreciated...

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Post by moe » Thu Oct 18, 2007 10:33 am

SELL, SELL, SELL!!!


Image

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hoodie
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Post by hoodie » Thu Oct 18, 2007 4:56 pm

If you think they make a good product, hold onto it. If you think it's mostly hype and blind love, sell it.

I think Apple has been waaaay undervalued for a long time, and since they have a small market share, there's plenty of room to grow.

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dustin
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Post by dustin » Thu Oct 18, 2007 5:24 pm

Apple just announced there's going to be an iPhone SDK released next year - meaning the iPhone will become a platform for developers to build on.

I know it's gone up a huge amount recently, but my hunch is it's going to just keep going and going.

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Post by my wife hates me » Thu Oct 18, 2007 5:28 pm

just give it to me and i'll hold on to it; for uh, safe keeping; so uh, you dont do anything rash...

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Post by SunTzu » Fri Oct 19, 2007 10:30 am

Normally I'd say keep it because Apple is a solid company with good growth potential.

Right now though, the market is way over-valued and very vulnerable (much like the US economy.)

Just keep in mind that most of gains made by stocks in the past few years are usually the result of the plummeting US Dollar, not necessarily because the company did that much better.

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Re: Apple Stock

Post by Golgi » Fri Oct 19, 2007 12:56 pm

Mike wrote:I bought a pawltry amount about 2 months ago when it was at 120, and now it is toping 170
Sheesh... I bought some about 7 years ago when it crashed down to around 24. I went up and up and even split at some point. I should have bought a shitload then, I probably could retire now. doh!

I think it will max out around 200. But you never know. When they come out with the iSex prototype it could go even higher.

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Post by xanadu » Sat Oct 20, 2007 1:37 pm

OK . . . Apple Stock . . .

What ever you think about the company, the Price to Earning Ratio is higher than any other company in its sector. Therefore, it is overvalued. That said, they continue to increase their profits quarter after quarter so people will continue to trade with their love for the company rather than strict fundamentals.

What this means is that AAPL is a great hold if you already own it, but if you see overall market sentiment turn, you will likely see AAPL fall slightly further than the rest of the sector. I wouldn't sell it yet, but dont listen to any of us fools.

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Post by Kef » Sun Oct 21, 2007 7:58 am

if(SellStockPrce("AAPL")>PriceOf("Top of the line Mac Pro with 2 30" screens''){

SellSellSell();

}else{

Wait();

}

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Post by RandomGuy » Sun Oct 21, 2007 10:18 am

Kef wrote:if(SellStockPrce("AAPL")>PriceOf("Top of the line Mac Pro with 2 30" screens''){

SellSellSell();

}else{

Wait();

}
ERROR: unexpected value near 'screens'

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Mach
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Post by Mach » Sun Oct 21, 2007 10:23 am

Umm...I think your compiler's going to stick its tongue out at you for including one too many quotation mark symbols.

By the way, after having taken an introductory C++ class, I find that using Python is much easier.

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Mike
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Re: Apple Stock

Post by Mike » Tue Oct 23, 2007 3:40 pm

Mike wrote: Can it go much higher than 170 right now????
Ok - it is 187.+ right now -

WHOO HOO!

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Post by Kef » Sat Oct 27, 2007 6:14 am

down to 184

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Post by Kef » Thu Nov 01, 2007 9:39 am


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Post by redrum » Thu Nov 01, 2007 11:32 am

go mikey go, go mikey go, you go boy!

I would hold onto the apple stock.

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Mike
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Post by Mike » Thu Jul 15, 2010 5:55 am

bump

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Post by Big Will E Style » Thu Jul 15, 2010 12:34 pm

One of my biggest regrets in life. I had a $5,000 inheritance in college and wanted to invest. The iPod had just been introduced and was really in it's beginning stages. I had bought one of the new ones and really thought it was amazing. So I thought maybe investing in Apple would be smart (I've always been an apple guy). But since I was new to it, I thought it's 15 dollar (YES that's all it was in the 2001, 2002 days) was too mediocre, so I went and bought Sirius Radio (SIGH) and Lily (Drugs) with my money. What a mistake that turned out to be. I would still be sitting on Apple at nearly 17 times what I had bought it for...

Even at 120, you got a good buy Mike. I do think the trendiness of Apple has it inflated a bit, but I think as long as they are staying ahead of the curve, it's definitely worth keeping.

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Post by Odelay » Sun Jul 18, 2010 5:12 am

I say sell some of it and buy up any BP you can get. It will bounce back.

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Post by Shockandawe » Sun Jul 18, 2010 12:37 pm

Be wary of it. I've heard BP may not survive as BP, but as many sub-companies.

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Mike
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Post by Mike » Sat Oct 15, 2011 7:25 pm

Bump

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Post by engie » Sat Oct 15, 2011 11:36 pm

<- Proud 4 year owner of AAPL stock.

Tried to convince my parents to buy it in '05, wish they would've listened.

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Post by Odelay » Sun Oct 16, 2011 12:49 am

Do you still have that stock Mike? Did you sell any of it?

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Mike
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Post by Mike » Tue Jul 17, 2012 6:12 pm

I sold some and paid off my car. Have some, bought some more. It's a long term investment. Every time I buy an apple product (depreciating asset) I try to buy an equivalent amount of stock (hopefully an appreciating asset).

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Post by WhirlPlaid » Wed Jul 18, 2012 7:30 pm

I got really lucky and bought a share or two at about $120.00... I have since earned enough for every apple product I have ever purchased and the new Imac I am hoping to buy...

Although I am trying to convince myself that all I really need is the mac mini so I can save a buck or two...

And, this won't happen for at least 6 months to a year. Stewpid dollars and life stuff.

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Post by AquaRegia » Wed Jul 18, 2012 9:45 pm

Mac Mini rocks - I have one. Go for it.

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Mike
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Re: Apple Stock

Post by Mike » Tue Jan 26, 2016 8:33 pm

Bump

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Re: Apple Stock

Post by WhirlPlaid » Tue Jan 26, 2016 11:15 pm

I am a buy and hold kind of guy. I just bought a bunch for my son and a little for me.
In fact jr got Netflix Apple and disney

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Re: Apple Stock

Post by dustin » Wed Jan 27, 2016 2:19 am

This thread is from a long time ago. People are talking the $ they bought in at. The stock has been around those levels recently, nut that's AFTER a 7 for 1 stock split they did awhile ago.

Pretty much 90% of my investing gains have come from APPL. That said, I bought a bunch on a serious dip a few years back.

They are still a great company, I use a lot of their products. While not perfect, I like them a lot.

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Re: Apple Stock

Post by Mike » Thu Aug 02, 2018 6:25 pm

As APPL approaches a Trillion dollars - I thought it might be interesting to revisit this thread. I don't buy as much Apple as I have in the past; however, I still buy an equivalent amount of stock whenever I buy a device (macbook pro, iphone, etc.) - if only I had the same mentality everytime I bought a song on Itunes or an in app purchase.

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Re: Apple Stock

Post by dustin » Tue Aug 07, 2018 2:43 pm

APPL is still my biggest stock holding. Partially that's because it's gone up so much :)

I use and love their products, so gonna keep holding...

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