Not a good time to dump right now, unless you're willing to take the chance that earnings will go over "poorly" to Wall Street. They're about $65 off their highs right now.
Not a good time to dump right now, unless you're willing to take the chance that earnings will go over "poorly" to Wall Street. They're about $65 off their highs right now.
I was thinking that dump & buy was the thing going on as I have seen this happen since I got into Apple at $13.00...at every 100 move up and down then to the next milestone...people do not want to see Apple do good...I do as I am in for the long haul and I see $1000 by the end of the summer...It should be even higher than $1000, around 1800-2000...but wall street will see that its a long journey to there...
At least right now, that $25+/- drop looks like it was a decent buying opportunity. Or at least a decent chance to have bought some $600 calls - just like when AAPL sold off last year. Whenever a stock has a parabolic rise, sooner or later, it will sell off. But (IMO) AAPL sold off too much/too quickly. So the correction got "corrected".
Since nothing has fundamentally changed, I don't sense a problem. Stocks go up. Stocks go down. This was primarily an issue for traders and short term investors.
Comments
Is there something wrong in the world of Apple today?
Or are investers dumping stock when high and reinvesting to make lots of $$$$ when Apple announcing it big earnings?
What do you all think?
dump and rebuy
dump and rebuy
Looks like someone is going to make a lot of $$$ if your right...
Not a good time to dump right now, unless you're willing to take the chance that earnings will go over "poorly" to Wall Street. They're about $65 off their highs right now.
I was thinking that dump & buy was the thing going on as I have seen this happen since I got into Apple at $13.00...at every 100 move up and down then to the next milestone...people do not want to see Apple do good...I do as I am in for the long haul and I see $1000 by the end of the summer...It should be even higher than $1000, around 1800-2000...but wall street will see that its a long journey to there...
Since nothing has fundamentally changed, I don't sense a problem. Stocks go up. Stocks go down. This was primarily an issue for traders and short term investors.